Hooper Holmes (NYSE Amex: HH) today announced an expansion of its relationship with NBC National Marketing, Inc., a premier National Marketing Organization in the life insurance industry, to serve as its provider of management services.
In 2011, NBC National Marketing (NBCNM) determined that a centrally managed support function would be valuable to provide administrative sales support and application processing services to its member offices. NBCNM recognized the value of partnering with Hooper Holmes to be able to offer these services.
Supported by a team of brokerage-trained customer service representatives, the case management process was designed with the goal of expediting the submission-to-commission process, improving the quality of new business submissions, and improving overall placement ratios. NBCNM and Hooper Holmes began a pilot program, which consisted of several core carriers. Consistent quality performance has now led NBCNM to adopt Hooper Holmes for other key carriers.
“NBCNM realizes the breadth of services available through Hooper Holmes, and after working with their team of professionals, it was obvious that we could not provide the services to our members with near the effectiveness and efficiency as Hooper Holmes,” said Jim Wolfe, NBCNM member. “There are other entities in our industry that can provide similar services, but Hooper Holmes has committed valuable resources to make sure our system is one of the best in the industry,” Wolfe added.“We are excited about the expanded partnership with NBCNM, which underscores our ability to deploy our services and industry experience to better serve our customers,” said Dan Dodson, Hooper Holmes’ Senior Vice President of Life Insurance. “NBCNM has been a great partner, and we are proud of the results that they have experienced with our team. As NBCNM looks to expand its footprint in the marketplace and provide superior service to its members, we look forward to playing an important role with them.”
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts