Value Proposition: Licensed as a Private Label product, EIM unifies multiple distribution systems into a single Internet-based, real-time rating engine for agents, brokers, employer groups, consumers and alternate distribution channels. It enables channel members to generate quotes, make plan comparisons and create proposals based on a variety of self-selected attributes. EIM significantly improves product distribution activities by improving quote accuracy, minimizing cycle time and reducing administrative costs:

• More consistent premium rate quotes and benefit cost comparisons
• Faster, more timely response
• More accurate quoting and comparison information

Backed by a multi-million dollar investment, extensive research and market analysis, insurance specific experience, successful Internet strategies, proven implementation and a highly developed business model with integrated processes, eBusiness Insurance Model (EIM) delivers the following benefits:

• Improved competitiveness and profitability
• Increased productivity
• Reduced workflow and process inefficiencies
• Detailed sales activity and critical marketing information
• Solid platform for future strategies and growthEIM delivers the answers. Branded under a company’s own name, prospective clients and distribution agents can access EIM’s advanced features over the Internet (even through wireless connection!), reinforcing business goals and enhancing service to producers & customers. The result: reduced overhead, lower costs, increased productivity and greater profitability.

EIM is a knowledge-based application built upon a highly developed data warehouse / data mart with automated reporting tools and instant information. The modules include: plan details and coverage information, needs analysis, programmable scoring system, interactive Question & Answer session, real-time price configurator linked to an instant quote engine, integrated application forms and extensive office tools and resources incorporating on-line help guides, vocabulary and glossary terms. All information is displayed in an easy-to-read format and built for fast navigation.

EIM is an integrated eBusiness solution already proven in production and, with its table-driven design, is easily loaded and tailored to the specific environment in a matter of weeks, not months.

Strategic: Unparalleled value – increased profitability, lower costs & platform for future growth.

EIM is a comprehensive solution that delivers significant benefits across all areas of a company. With EIM’s unmatched functionality, clients immediately compete at the highest level without extensive investment and/or development time, expediting release-to-market.

Sales: Expanded market access, improved product distribution, enhanced productivity & lower costs.

EIM delivers a lower cost alternative to distributing insurance products in the marketplace and helps offset increasing costs and reducing commission structures. The entire sales channel can easily and quickly access EIM’s value-added services.

Marketing: Data mining, detailed marketing data & product / customer information.

EIM’s instant reports on purchasing patterns and demographic information of both brokers and end customers can help pinpoint successful marketing efforts and translate these into tangible revenue. Changes to any plan designs and underwriting processes can be quickly disseminated to the entire network of brokers allowing a company to more quickly achieve internal budget goals.

Ops: Streamlined processes (underwriting & enrollment), increased productivity & greater accuracy.

EIM’s automated processes generate “clean” and accurate information for the processing department electronically, easing the administrative burden. The entire enrollment form can be submitted with “e-signatures”.

I/S: Immediate & easy implementation, minimal resource impact & ultimate ownership.

EIM’s database layout, table structures, inexpensive support mechanism and offshore programmers enable us to implement this solution in weeks not months with minimal impact upon resources. Since EIM is flexible, it can be easily expanded, modified and updated as needs change. More importantly, EIM is implemented on an Application Service Provider (ASP) basis with ultimate ownership and responsibility transitioning to the I/S group.