ELCO Mutual Modernizes with iPipeline Illustrations

The insurer selected iPipeline for SaaS-based software, modern functionality, speed, scalability, and the option to integrate Needs Analysis and Advanced Sales capabilities.

(Image source: ELCO Mutual Life and Annuity homepage.)

ELCO Mutual Life and Annuity (Lake Bluff, Ill.) has selected iPipeline’s (Exton, Pa.) iPipeline Illustrations for business modernization as a core component of the insurer’s comprehensive digital strategy.

Richard Leach, SVP, ELCO Mutual.

ELCO Mutual selected iPipeline Illustrations after evaluating the dominant offerings in the marketplace today, according to Richard Leach, SVP, ELCO Mutual. “SaaS-based software, modern functionality, speed, scalability, and the option to integrate Needs Analysis and Advanced Sales in the future were on the top of our list,” Leach says. “iPipeline’s track record, guidance throughout the evaluation process, and our access to their network of 1,300 distributors for product sales convinced us to bring in their proven technology.”

Modern illustrations platforms deliver a variety of benefits to insurers seeking to transform their business, including increased speed to market, flexibility, improved agent productivity, and higher customer satisfaction to advance sales, according to Tim Wallace, CEO, iPipeline.  “We have repeatedly demonstrated our value over competitor and home-grown solutions, and this has earned us high marks as a trusted partner with our customers,” Wallace says.  “We provide the core functionality and scalability needed to meet the demands of carriers and their agents and to ultimately help them sell more.”

“The ELCO Illustrations project is a top-priority implementation for iPipeline,” Wallace adds.

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at [email protected] or (503) 936-2803.

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