Iress upgrades AppCentral insurance platform
Cameron McPherson
IressInsurance has released an updated version of its AppCentral online application platform for insurance providers.
Key features of the new version include full customisation for providers, streamlined electronic lodgement facilities, improved reporting processes and easier navigation with an enhanced user interface, according to product manager Cameron McPherson.
A new version of VisiPlan, Iress’ desktop planning tool, will be released to market shortly, enabling users to seamlessly access AppCentral without the need to duplicate client information, he added.
“Our main aim is to reduce the time spent by users needlessly navigating through multiple products during the insurance proposal process.”
Iress has also announced that Asteron has become the second insurance provider to utilise the new AppCentral platform — after Zurich in July last year — across its adviser distribution network.
The newly released AppCentral version includes extensive enhancements to the already installed Zurich suite of retail insurance products, McPherson said.
Recommended for you
Policy and advocacy specialist Benjamin Marshan has left the Council of Australian Life Insurers after less than a year, having joined in March from the Financial Planning Association of Australia.
The declining volume of risk advisers meant KPMG has found a rising lapse rate for insurance policies arranged by independent financial advisers, particularly in the TPD and death cover space.
The Life Insurance Code of Practice has transferred from the Financial Services Council to the Council of Australian Life Insurers.
The firm has announced it will no longer be writing new life insurance policies in the retail advised and corporate group insurance channels, citing a declining market and risk adviser numbers.
