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E-Z Data’s DataXchange Online Delivers Value
to Growing Number of Carriers and their Agencies
Pasadena, CA, June 28, 2007 – E-Z
Data, Inc., a leading provider of front-office
systems for insurance companies, general agents,
banks, investment dealers, agents, and financial
advisors, announced today that additional
carriers have been added to its fast growing
community of DataXchange™ Online subscribers.
West Coast Life, Sun Life Financial, and The
Phoenix Companies, Inc. recently joined other
top carriers using DataXchange Online, a data
aggregation solution for the insurance brokerage
industry, to electronically provide new business
status, policy, and commission information to
their independent distribution channels.
“At West Coast Life, we put a high priority on
delivering the highest possible service to our
agencies,” said Doug Adam, President, West Coast Life.
“Our use of DataXchange Online supports this goal by
giving us the ability to push current underwriting
activity and pending case status to our distributors’
administration systems. Providing this visibility
significantly reduces the number of calls and emails
required by both parties to manage applications through
the approval process.”
"One of our key strategies is to deliver excellent
New Business service," said Michele Van Leer, Senior
Vice President & General Manager, Individual Insurance,
Sun Life Financial. "A key to providing this service is
to keep the lines of communication with our customers
open. DataXchange Online provides our distribution
partners with electronic underwriting and case status
updates. This electronic push communication keeps
everyone informed during the new business process.
Overall, this regular and frequent level of
communication helps us reduce the cycle time for our
customers from application received to policy mailed."
DataXchange Online is used by more than 45 insurance
companies to exchange new business and policy
information with over 200 distributors nationwide.
Designed specifically to meet the insurance brokerage
industry’s unique data-integration needs, DataXchange
Online provides a managed and secure service for moving
critical application- and policy-related information
among insurance carriers, information service providers,
third-party distributors, and insurance agents and
advisors. DataXchange Online facilitates the
many-to-many trading partner relationships associated
with independent distribution by allowing each
subscriber to electronically exchange data with every
one of its many trading partners via a single interface.
DataXchange Online is compatible with ACORD and NAILBA
data standards and requires no proprietary software in
the carrier’s data center.
About E-Z Data, Inc.
Leading financial services organizations and top
financial advisors worldwide rely on E-Z Data’s practice
management, agency management, and CRM solutions to
systematize proactive, hi-touch communication with
clients, increase sales, and reduce operational costs.
E-Z Data solutions are used by more than a quarter
million financial services professionals and
industry-leading firms including HSBC, M Financial,
MetLife, National Financial Partners, ProEquities,
Prudential, Royal Alliance, and Securian. For more
information about E-Z Data’s solutions, go to
www.ezdata.com or call 800-777-9188. Contacts:
CaroleAnne Hardy
E-Z Data, Inc.
caroleanne@ez-data.com
626-585-3505
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