Blue Frog Solutions, a technology provider that focuses on life insurance and financial services markets, has entered into strategic partnership with Capitas Financial.
The partnership will integrate Blue Frog’s Affirm technology with the Capitas Quick Life solution to create, a new transactional life insurance platform Affirm for Quick Life.
Blue Frog said its user-friendly order management system is designed to integrate multiple carriers’ complex product rules with a distributor’s processing to generate new business transactions that are ‘in good order’.
Quick Life provides a way for financial advisors to offer, quote, and process life insurance quickly in a secure on-line environment. Once cases are submitted, the Quick Life processing center performs all quality control, processing, requirement chasing and case management on the policies to get them in force in an efficient manner.
BlueFrog’s Affirm technology will facilitate quoting with Quick Life’s health analyzer, electronic applications and back office fulfillment technology.
Capitas Financial CEO Blake Mohr said Blue Frog’s automated compliance review, and licensing and appointment check will help Blue Frog to expand offerings in the broker-dealer and bank channels where Capitas is well established and sees huge opportunities for selling more life insurance products.