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Hooper Holmes Selected By Highland Capital Brokerage To Provide Efficient Data Acquisition And Processing Solutions

Stocks in this article: HH

Hooper Holmes (NYSE Amex:HH) today announced an agreement with Highland Capital Brokerage, Inc., a national insurance brokerage firm, to provide efficient data acquisition and processing solutions. Together with iPipeline®, the leader in on-demand marketing, selling and processing solutions for the insurance industry, Hooper Holmes will provide Highland Capital Brokerage with a suite of services to improve Highland Capital Brokerage’s insurance e-application process. This new end-to-end solution will leverage the full breadth of Hooper Holmes’ service capabilities including Hooper Holmes’ call centers, technology platforms, paramedical examiner network, and underwriting expertise. By accessing iPipeline’s Velocity Platform, Hooper Holmes’ call center specialists will process applications using the iGO™ e-App solution.

“We are delighted to launch an insurance solution that simplifies what a financial advisor or independent producer must do to help a customer with their insurance needs,” said Rebecca Wingate, president of Highland Capital Brokerage. “Our new system has a ‘drop ticket’ experience that minimizes the data that is gathered by the financial services professional and relies on the partnership with Hooper Holmes to complete the application for the customer. We will initially launch with five insurance carriers and will expand the product offering over the next 12 months.”

“This new solution symbolizes the strengths of Hooper Holmes’ entire services portfolio and our ability to answer the specific needs of our customers,” said Dan L. Dodson, Hooper Holmes’ Senior Vice President of Life Insurance. “By leveraging our call centers, national examiner network, and partnership with iPipeline, we created a solution that will significantly improve Highland Capital Brokerage’s ability to process applications faster. We are proud to provide our services to Highland Capital Brokerage.”

Mr. Dodson continued, “This new endeavor also marks a strong partnership with iPipeline. Their innovative iGO Drop Ticket process removes many of the complexities of selling life insurance by simplifying and accelerating the application process through a proprietary, user friendly, digital solution. As technology continues to play a prominent role in the growth of the industry, Hooper Holmes is committed to working openly towards developing innovative solutions with partners like iPipeline whose core competencies directly complement those of Hooper Holmes.”

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