Eliminating Inefficiencies
Before PolicyTrac introduced its platform, the industry was plagued by wasted time, lost productivity and the absence of a centralized hub for aggregate data. Now, with PolicyTrac, multiple parties no longer input identical data. Instead, data is input and organized once and distributed to market participants accordingly. Members can in turn eliminate the need of duplicative data entry and spend more time concentrating on core business functions, such as underwriting, pricing, buying and selling policies. In addition, case submissions are systematically processed and accessed by only licensed and qualified providers based upon member-created profiles thereby reducing the costly review and filtering of unqualified submissions.
PolicyTrac is designed to eliminate these market inefficiencies. The proven efficiency gains, combined with the automation, security and standardization efforts are now available to the entire life settlement community.
The diagrams to the right illustrate the contrast between current market inefficiencies and PolicyTrac's Life Settlements. Simplified.® approach.
PolicyTrac provides an efficient operating system and the resources necessary to deliver cost savings, reduce barriers to entry and enable firms to succeed in a complex marketplace. The platform is a true "turn-key" alternative to firms who simply prefer a smarter approach and may not have the time, trained staff and most importantly, the experience to build the operational efficiency standardized with this platform.
To learn more and gain a competitive advantage, please request additional information or contact a PolicyTrac representative.