AIA NZ has made obtaining quotes easier and quicker for financial advisers by integrating its system with Xplan – a financial planning and wealth management app from Iress.
“Together with Iress we are thrilled to have this new system integration for our advisers,” says Sam Tremethick, AIA NZ’s Chief Partnership Insurance Officer.
“One of the main drivers of this investment was lessening the load for advisers who do business with us.
“However, it also offers an improved customer experience with better information provided at time of advice, and more robust transferring of information between systems.”
The updated platform integrates AIA’s quoting engine calculation, Quote Builder, and eApp.
“Advisers can enter data directly into Xplan with their client present,” says Tremethick.
“New functionality means the recommended premiums can now be validated on the spot, and an instant quote returned in PDF which can be presented as part of the advisers’ immediate recommendation to the customer.”
Within the system, advisers access Quote Builder with the client data pre-populated and the recommended insurance details are automatically transferred via Risk Researcher.
This, says Tremethick, will save advisers valuable time by eliminating the duplication of customer information and the need to re-key data or access other systems.
Iress Head of Advice for NZ, Andrew Logan, says: “This integration will further enhance the efficiencies gained in the advice process for advisers using Xplan’s Risk Researcher module, allowing a seamless transfer of data between Xplan and AIA’s eApp solution.
“This has been a joint collaboration over a number of months, working together to improve productivity for advisers.”