Zaverl & Associates, Inc. has been around for nearly four decades. As a result, it quickly became impossible for them to manage life insurance policy performance across their entire book of business. See how Proformex helped to automate inforce policy management for them and help identify new business opportunities. 

During the 53rd Annual Heckerling Institute on Estate Planning, we had the opportunity to interview Michael Seltzer, Founding Member & Principal of Verite Group. In this video, he discusses the importance of maintaining credibility and always doing the right thing for his clients to ensure their satisfaction. Watch the full-length video below to hear more from Michael.

In this video, we review the responsibilities of a fiduciary and define who can legally be considered a fiduciary. Furthermore, we explore the high standards to which fiduciaries are held and the potential consequences that may arise when a fiduciary falls short of said standards. To learn more about how our inforce policy management platform helps to minimize fiduciary risk, watch the video below.

Richard Harris, Owner of Richard Harris LLC, discusses the ways in which he protects his client’s policies from lapsing. As a consultant, it’s important for him to be able to provide his clients with detailed analytics and extensive information regarding their life insurance policy and products so that they’re armed with enough education to make the right choices when it comes to their contracts. To hear more of Richard’s insight, watch the video below.

Trustees are legally considered fiduciaries and are thus held to strict fiduciary duties. Managing trusts can be complicated and time-consuming enough as it is, with various investments and assets of considerable worth. And on top of that, you have to make sure you're following industry best practices and helping trust beneficiaries achieve best possible outcomes.

It sounds overwhelming, but it doesn't have to be. Our team has created a handy guide to help you understand exactly what is required of you and how to best approach managing the trust.

Thomas Bishop, Owner of The Bishop Company LLC, shares his thoughts with us regarding the life insurance industry and the importance of a proactive approach to policy management. It’s much better to be aware of changes that can negatively impact the way a policy performs before those changes happen. For more of Tom’s insight, watch the video below.

Fiduciaries are obligated to always act in the best interest of their clients. The possibility of a fiduciary failing to do so is referred to as fiduciary risk. Watch this video to learn more about how Proformex helps fiduciaries avoid that risk.

In our Thought Leadership interview session with Bill Boersma, Owner of the OC Consulting Group, Bill emphasizes the importance of ongoing policy management. Without a system in place for monitoring policies, it can be very easy for something to slip through the cracks and cause irreparable damage. For Bill, it’s important not to let that happen. Hear more of his insight at the video below.

Annual policy reviews are time-consuming and costly. Imagine how you could reallocate your time and resources and put them to better use if you had a way to automate the policy review process. 

In order for succession planning to be seamless, life insurance agents must have an established process that addresses the biggest concerns for potential buyers of their practice. They must provide visibility to continued policyowner loyalty and future revenue potential among a multitude of other key components of the practice’s business. Proformex digitizes your entire book of business and helps agents give potential buyers the data they need. Learn more about how Proformex helps with succession planning in the video below.