Activating New Advisor Sales & Engagement
Background
Leading Financial Institution provided Proformex Book of Business reports at in-person insurance meetings with FAs in 2022-2023.
Reports highlight specific policy opportunities (conversions, at-risk, and more) from Advisor’s existing insurance business with updated information.
Carriers, BGAs, and Advisors in attendance.
Outcome
FAs receiving Book of Business reports and attended the meeting issued between 30% and 50% more policies and total premium during the next 12 months.
91% of advisors wrote to new insurance clients.
Reports created nearly hundreds of engagement opportunities with Advisors and clients.
Brought insurance discussions proactively into Advisor meetings at right depth of information.
Impact Statistics
30%-50%
Additional Lift to new policies issued above expected
30%-50%
Additional lift to death benfit (future AUM) above expected
91%
Issuing policies to new insurance clients
We Form Strategic Partnerships
We work closely with all customers to cultivate trusted, strategic partnerships that create long-lasting value for their businesses and their clients.
“Proformex says they’re going to do something and does it.” – Head of Insu. & Annuities, SVP at Top 5 Financial Institution
“Proformex has become our most trusted partner and vendor.” – MD at Top Wealth Management Firm
“We are able to do the right thing for our clients, finally!” – SVP, Product Manager at Large Financial Institution