News from Desjardins Insurance
Submitted by Brett on December 12, 2023 - 10:06am
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PDF version EFFICIENCY GAINS: UNDERWRITING REQUIREMENTS NOW AUTOMATICALLY DISPLAYED IN THE E-APPLICATION! |
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Because the insurance industry needs to keep up with new technologies and changing client needs, our teams are busy pushing ahead with further automation. We're rolling out major improvements before year's end, including the automated display of underwriting requirements based on the application's consolidated information. Essentially, thanks to the automated determination of underwriting requirements, you can access final requirements you need to order at the end of the sale process, as opposed to the initial estimates in the illustration. This information helps minimize the risk of errors and saves time when meeting with your clients. |
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 | The right requirements at the right time! The automated display of underwriting requirements allows you to adequately prepare your clients for the next steps. |
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To find out more about the benefits of displaying underwriting requirements directly in the e-application, refer to Webi. |
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IMPROVED PREDICTIVE ANALYTICS | A MAJOR STEP FORWARD FOR INSTANT APPROVALS! |
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It's only been a year since we launched predictive analytics at Desjardins, when our first predictive model was rolled out in December 2022. Given the many advantages for you and your clients, we wanted to go even further and bring you a second predictive analytics model. The new model helps improve the risk analysis so even more insurance applications can be approved the moment they are signed. |
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 | As predictive analytics improves and is used more widely, more people will get their insurance applications approved on the spot! |
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Thanks to this major advance, the percentage of life and critical illness insurance applications approved instantly will increase from 35% to 38%, which amounts to an actual 8.5% increase in point-of-sale decisions. To find out more about predictive analytics and how it can make your life easier, refer to the complete news on Webi and see our frequently asked question. |
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REMINDER | 2023 YEAR-END DETAILS |
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GREEN TRANSITION | HELIOS2 CONTRACT APPLICATIONS AND OTHER FORMS AVAILABLE IN PDF ONLY |
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We are tangibly reducing our environmental footprint by cutting our use of paper. In this context, some forms will be available in PDF format only. |
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GUARANTEE ADVANTAGE | FEBRUARY CAMPAIGN |
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The February 2024 campaign offers various terms and baskets for your clients. - The Canadian Diversified basket is available for all terms
- The Global Opportunities basket offers unlimited potential maximum return for 4- and 5-year terms
- The participation rates for the 5-year Global Opportunities basket are remain at 105%, 115% and 125% depending on the deposit amount
To find out more about the February 2024 campaign, refer to Webi. |
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