New Business

The key to electronic New Business is re-using information obtained from your client's quote.  By pre-populating the electronic application form with information contained within the quote, you save time by reducing re-keying. And, with fewer possibilities for errors, providers' systems can quickly validate the application form.

There have also been a number of developments undertaken to help streamline the process of tracking new proposals.

Many product providers now offer an online tracking service for advisers to:

• Review the progress of new applications in the pipeline.
• Respond to issues that slow down completion.