The Challenge – Lack of Tools
Duncan Advisor Resources knew they were missing engagement opportunities without a system in place to provide easy access to current, accurate information for their sales team and advisors.
The Solution – Automated Alerts with Proformex
Proformex provides automated alerts that are configurable and can be triggered for events like:
- Term milestones & upcoming conversion deadlines
- Lape pending & risky policies
- Premium due dates
- And more
The Result – $500,000 in Target Premium Generated
After being alerted to 2 upcoming conversion deadlines, the sales team at Duncan Advisor Resources connected with the advisor on the policies. The advisor worked with the client to better understand their current needs.
Ultimately, both policies were converted and two additional policies were written, resulting in $500k target premium.
“This was our biggest win yet since coming on board with Proformex,” said Alexa Smith, Duncan Advisor Resources. “The policy owners secured the coverage they needed before their conversion privileges expired, and our team plus the advisor we worked with on this case got to provide an exceptional level of service and generate additional revenue.”
About Duncan Advisor Resources
Duncan Advisor Resources is a third-generation, family-run business focused on what matters most to you and enhancing your results. Their team understands what drives success. They began their journey as a small P&C retail outfit and grew our business and services over the next 40 years, serving advisors and clients across the country. While many may proclaim they can support your business being two or three places removed from the client, they have an entire team who understands the value of the client relationship and is in the trenches alongside you building the business each day. Experience, not theory.
Duncan Advisor Resources has grown much over the years, supporting advisors with invaluable relationships, consultation, and technology. Throughout this tremendous growth, they have always maintained their personal approach and ability to tailor programs that complement the way you run your business. Their founding principles of Teamwork, Passion, Accountability, and Urgency are the keys that help advisors thrive, in turn driving the collective success of the enterprise.
Their team is ready to better understand how it can help your business thrive.
About Proformex
Proformex is a data and technology platform purpose-built for financial professionals and institutions to manage life insurance and annuity assets. With deep data and technology expertise, Proformex connects customers to critical information about their life insurance and annuity businesses and helps them make better informed, data-driven decisions. With Proformex, financial professionals have the technology tools needed to proactively manage life insurance and annuities and enhance value for their clients.