Blue Frog Solutions, a provider of life & annuity order management and compliance solutions for the life insurance and annuities industry, has entered into a strategic partnership with financial technology solution provider, Applicint.
As per the agreement, Blue Frog will incorporate Applicint’s Digital App and Digital Paramed software in its new AFFIRM for Life offering, which is scheduled to be released in the second quarter of 2010.
Blue Frog’s AFFIRM for annuities is a compliance and order management system designed to integrate a carrier’s complex product rules, with a distributor’s compliance processing to generate transactions that are in good order.
Applicint’s Digital Paramed, an end-to-end electronic paramedical solution, automates the entire medical underwriting process. Paramedical professionals are able to electronically transmit all Part B life insurance applications using laptops, facilitating and expediting the application process and dramatically reducing error rates.
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Dan Smith, president and CEO of Blue Frog, said: This partnership will take Blue Frog Solutions into the life insurance space with the power and cutting-edge technology that it has provided to the annuities space.
