Empowering the Insurance Industry
The Edge Benefits, a rapidly growing insurance company was taxed internally trying to provide crucial business information to more than 4,000 brokers. Access to the data became a cumbersome process because it resided in 3 different Legacy systems. This required 2 internal staff members 2 - 3 days a week compiling and integrating information into 1 report and thousands a year in mailing costs to compile and send out relevant information to their brokers.
"We spent more than 2,000 - 3,000 per month in mailing costs, plus 2 part-time salaries trying to distribute commission statements and other relevant information to our broker network and the demands for more information kept growing quickly”
“After a few months we were rolling out the MPower Portal to our brokers and giving them access to commission statements, commission payments, leader reports etc…Now, as our business grows we will be able to handle the requests for information easily. Our next step is to use the MPower technology in-house so we can view our critical business information real-time and be alerted in advance”.
MPower was able to give a return on investment for our insurance business partner within 6 months and continue to add value for internal management who want real-time visibility to critical information, with out having to run reports or waiting on other employees to send them the information they need – David Pace, Corporate Controller.
