DataXchange™ Online Service offers secure, bi-directional, Internet-based connectivity for data movement among carriers, distributors, and information providers to significantly reduce operational costs and improve application turnaround time. DataXchange™ electronically downloads a wealth of third-party carrier information such as pending status, forms, and commission data, and automatically updates agents' case files in the field.

Distributor Benefits

• Fewer pending status phone calls to underwriting
• Fewer application errors
• Improved agent service levels
• Increased sales due to more reliable and improved service to agents
• Improved compliance capability with regulatory agencies due to more consistent status update logs

Manufacturer Benefits

• Lower new business processing costs
• Increased productivity of the underwriting and commission accounting staff
• Improved distributor communications and service quality
• Reduced application-to-policy issue cycle time
• Lower commission processing expenses
• Improved commission turnaround times
• Decreased maintenance, IT, and overhead expenses