Leading member-based insurance provider adds intuitive client life insurance quote to website to provide self-serve way to access a life insurance sales quote.
Toronto, ON, Oct 6th 2022: ProComp Consulting, provider of cloud-based insurance illustration
solutions, today announced that Serenia Life Financial has added ProQuote to its suite
of ProCloud services. The new ProQuote service ( Serenia Life – get a quote ) is a
cloud-based life insurance quotation component optimized to be easy-to-use and
unintimidating for consumers. It also provides the insurer a quick and easy way to
connect to the consumer using the service and provides analytics information to
optimize the service. ProQuote is made available on the public side of an insurance
company’s website enabling prospects to engage, to learn, and discover, by way of a
self-serve life insurance quotation experience with quick connection to company agents
as required. This service is the latest addition to Serenia Life Financial’s ProCloud suite
of products, in addition to a cloud-based new business and in-force illustration system,
which is designed for advisors, brokers and client services personnel.
"We are making great strides on our mission to improve our organization’s distribution processes and enabling technologies. We have added ProQuote, the cloud-based life insurance quoting tool designed to engage, inform, and aid consumers in the life insurance purchasing process. Adding ProQuote to the ProCloud tools, we expect to significantly improve our distribution enabling technologies for our consumers, agents, and brokers. In 2021 we implemented the ProCloud Illustration system for New Business and Inforce. ProQuote conforms to the same high standards and uses the same core calculation engine as ProCloud.
Implementation was quick and ProComp’s experts made it happen with little effort on our part."
– Angela Ricci, Chief Marketing Officer Serenia Life Financial
"ProComp Consulting is delighted to continue to be a strong partner to Serenia Life Financial to help them achieve their goals of growth and providing its customers best-in-class products and services. The addition of ProQuote to their ProCloud system will:
provide a digital toolkit that advisors can easily access across multiple devices and platforms
make it simpler to present insurance solutions to clients
add services to allow prospects and clients to learn and quote on life insurance.
ProComp Consulting is happy to support Serenia Life Financial in these initiatives."
– Joe Alaimo, President & CEO of ProComp Consulting
About Serenia Life Financial Serenia Life Financial is a member-based organization that provides insurance and investment
solutions to more than 33,000 members across Canada. The business manages assets of $391
million and had $3.4 billion of in-force insurance as of December 31, 2021. Serenia Life is
committed to re-investing a portion of their earnings into community outreach and unique
member benefits that support members, their families, and the causes they care about. They’re
on a mission to prove a business can be kind and to inspire generosity in their employees, their
members, and the communities they serve.
About ProComp Consulting
ProComp Consulting combines actuarial and IT expertise to provide insurance providers with
the products or people to meet their insurance product needs. ProComp combines business
intelligence and pre-built business rules with calculation and report engines so that their suite of
products are ready to use at head office, by insurance agents or by insurance customers.
ProComp offers new and in-force illustration, e-applications, insurance concept, and financial
needs analysis calculator software driving from a common calculation engine, designed to be
TM – Serenia Life Financial is an alternate trade name of FaithLife Financial