IQumulate Premium Funding (IQumulate) has made it to this year’s Insurance Business 5-Star Insurance Innovators 2023 awards, thanks to its innovative solutions that save clients’ time.
In an interview with Insurance Business, IQumulate said it improved its flagship online quoting tool, Edge, to make it more efficient because “a minute is a long time” for its clients.
Now called IQEdge, the improved online quoting tool can:
“The IQEdge platform encourages our clients to adopt a ‘self-service’ model, empowering them to manage their time and output, with smart, simple-to-use technology, designed to provide our brokers with confidence to create and compare new quotes, endorse, or renew loans online in real-time during conversations with their customers (borrowers),” IQumulate CEO Wayne Tower told Insurance Business.
Describing IQumulate’s people as “forward thinkers,” Tower said the company is committed to innovating and pushing forward.
“We are on a technology journey, and we’re just getting started,” Tower said. “Faster decision-making innovations such as AI-powered decision support systems can expedite the underwriting and approval process, leading to quicker responses to clients.”
Learn more about IQumulate and the rest of the winners in Australia and New Zealand by reading the Insurance Business 5-Star Insurance Innovators 2023 special report.
