Bisys uses a web-based system to help community banks capture more insurance production demand by expanding their range of term life options, expediting delivery and simplifying back-end operations.
The firm says that the system saves time by working with the delivery provider to automatically schedule the client interview and medical exam, mail the application and order the initial attending physician’s statement.
This solution gives community banks the best possible combination of access and options for term life insurance, said Jeff Nunn, president of Citizens Bank of Tucumcari, and ICBA Financial Services chairman. With it, community banks save time and money and can focus on building their insurance businesses, not on back-end paperwork.
