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Why have large insurance carriers adopted RegEd Xchange?
A clear focus on ROI.
Tier-1 Multi-Line Carrier
Profile
Tier-1
Life Carrier
$15B annual net premium written.
60,000
Producers
10% Captives
12 In-house
Licensing Staff
Current
Process
Paper and fax-based onboarding.
Manual data updates and multiple systems.
Impact of Automation
90%
Reduction
Dependency on Internal IT Resources
60%
Reduction
NIGOs
70%
Reduction
Transactional Turn-around Time, Improving Speed to Market
80%
Increase
Producer
Satisfaction Score
$192,500
Reallocation of Licensing Staff
$125,000
Savings in Unnecessary PDB fees
$200,000
Savings from Terminating
Non-productive Appointments
Want to know the impact of Xchange for your operations?
Schedule a personalized consultation with a RegEd Licensing automation expert.