Protecting Clients with Simplified ILIT Management
Proformex is a comprehensive platform that protects your clients’ interests and their wealth planning strategies. Our technology and team ensure you meet all trust obligations while protecting key client relationships and their life insurance policies.
We Understand The Unique Challenges of ILIT Administration
Trust administrators face mounting challenges in balancing client needs with fiduciary requirements.
- Complex ILIT structures
- Multi-generational wealth transfer strategies
- Stricter documentation requirements
- Increased liability and risk exposure
Proformex empowers fiduciaries and trustees with the technology and tools they need to better protect clients, enhance efficiency, and deliver superior service – all while meeting fiduciary obligations with confidence.
Reduced Administrative Burden
Our platform handles routine administrative work so your team can focus on high-value client interactions and strategic trust management.
Risk Mitigation Through Fiduciary Support
Our platform maintains detailed documentation of all trust-related activities and decisions, creating a clear audit trail. Streamlined workflows and checkpoints ensure critical deadlines are met and required notices are sent, protecting professional trustees and fiduciaries from potential liability.
Enhanced Operational Efficiency Through Standardized Service
Rather than juggling multiple spreadsheets and manual processes, manage all trust activities from a single, intuitive dashboard. Deliver consistent, professional service across your entire trust portfolio with templated communications and standardized workflows.
Protect Policy Performance
Gain comprehensive visibility into trust activities with detailed reporting and monitoring capabilities. Track policy performance, premium payments, and beneficiary communications, ensuring you maintain complete control over trust obligations.
Key Platform Features
Proformex offers a suite of powerful features designed to simplify trust administration, enhance visibility, and ensure compliance. Each capability is tailored to address the specific challenges of ILIT management.
Trust Management & Oversight
- Comprehensive trust detail tracking
- Premium gift date monitoring
- Gift amount and frequency management
- Integrated contact management for trustees, grantors, and beneficiaries
Automated Notifications & Communications
- Premium due reminders
- Premium gift reminders
- Configurable Crummey letter templates & notices
- Guardian letter options for minor beneficiaries
- Configurable grantor communication templates
Policy Performance Monitoring
- Annual carrier statement and illustration collection
- Detailed policy value updates
- Comprehensive annual policy reviews
Third Party Connectivity
- Direct platform integrations
- Secure distribution of reporting with key partners
- Clean visuals to share data among relevant parties
Elevate your trust administration with Proformex. Request a platform demo.