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September 12, 2017

Lombard International Assurance enhances its online servicing platform

By Ronan Mccaughey

Life insurance-based wealth solutions provider, Lombard International Assurance,  has launched a series of features to its online servicing platform ‘Connect’ to enhance the user experience and strengthen the firm’s digital offering.

First launched in January 2017, Connect is a purpose built digital servicing platform which provides online and secure access to client data and transaction information.

The new features will build upon the platform’s existing functions, enabling partners to oversee policies online by activating policy servicing and transactions requests directly from Connect.

Lombard International Assurance is one of the first specialised unit-linked life insurers to introduce such a capability.

New digital forms enable partner and client requests to be automatically prefilled with policy-related data.

New functionality

This new functionality significantly simplifies the management of these requests while improving the efficiency and accuracy through a number of automated controls.

Partners can submit a range of documentation using electronic signatures, as well as track the progress of transactions and retrieve confirmation letters.

These new functions are in addition to Connect’s existing capabilities, which allow partners to monitor transactions and queries, stay up-to-date with policy valuations and access additional online support through an interactive query handling facility, which is available via any device 24/7.

Axel Hörger, CEO of Lombard International Assurance said: “We are focused on developing a suite of digital solutions that streamline our partners’ online experience, whilst delivering market leading client service and expertise that is synonymous with Lombard International.

“The introduction of these new features marks another significant milestone in our company’s digital transformation and we are confident that Connect will not only fulfil our Partners’ requirements, but also cement Lombard International’s position at the forefront of the industry’s digital evolution.”

Lombard International Assurance said it is committed to continued investment in digitalisation.

It said further innovation in online functionality and enhancements to the platform – including additions, change of address and change of beneficiaries – will be available by the end of the year.

Lombard International Assurance is a life insurance-based wealth solutions provider.  It provides wealth structuring solutions using unit-linked life insurance to high net worth individuals, their families and institutions around the globe.

The global group, branded as Lombard International, launched to market in September 2015.

 

 

 

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