Hooper Holmes Helps Dixon Wells Make Life Easier for Financial Advisors and Producers
Hooper Holmes Life Application Processing PlatformSMsimplifies and speeds the insurance application process and frees producers to sell
BASKING RIDGE, N.J.--(BUSINESS WIRE)-- Hooper Holmes (NYSE MKT: HH) today announced that Dixon Wells Brokerage General Agency has chosen Hooper Holmes Life Application Processing PlatformSM to speed and simplify their insurance e-application process. With a single click, Dixon Wells' producers can enter in basic information about their customers and confidently rely on Hooper Holmes to quickly and accurately finish the job. By accessing iPipeline's Velocity Platform, Hooper Holmes' call center specialists process applications using the iGO™ e-App solution.
"After much user feedback, we are delighted to launch an insurance solution that simplifies what a financial advisor or an independent producer must do to help a customer with their insurance needs," said Ray Hunt, Principal, Dixon Wells. "Using our quick access approach, financial services professionals can now easily start a new application or access an existing application using the 'drop ticket' experience. This minimizes the data 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."
"We are very excited to announce this new partnership, and are pleased to add Dixon Wells to our growing and flexible platform," said Dan L. Dodson, Hooper Holmes' Senior Vice President of Life Insurance. "This solution helps Dixon Wells simplify and accelerate the application process. There is no learning curve for financial services professionals. It is an intuitive and uniform process regardless of insurance carrier so producers can spend more time selling and offload the administrative burden to Hooper Holmes."
Mr. Dodson continued, "As our organization continues its focus on innovation, we are able to leverage Hooper Holmes' technology platform and entire suite of services to better serve the needs of our customers and their applicants."
About Dixon Wells
Dixon Wells, Inc. is a leading brokerage general agency in the southeast that delivers exceptional service to insurance brokers. Our focus allows us to quickly and efficiently manage every step in the processing of life, long term care, annuity and disability insurance. As part of an ever changing industry, our company is continually adapting to bring increased value to our customers. This commitment to excellence provides insurance brokers with more time to develop profitable client relationships.
With locations in Charlotte, Columbia, Birmingham and Nashville and over 100 combined years of experience, our principals and staff have provided protection solutions in our region for generations. Dixon Wells has the expertise that brokers access to ease the planning and management of their insurance sales. We are proud to be an agency that allows our brokers to grow, preserve and protect their business. For more information, visit the Company's website at www.dwezapp.com.
About Hooper Holmes
Hooper Holmes is a leader in collecting personal health data and transforming it into useful information, enabling customers to take actions that manage or reduce their risks and expenses. With presence in hundreds of markets and a network of thousands of examiners, Hooper Holmes can arrange a medical exam anywhere in the U.S. and deliver the results to its customers.
Hooper Holmes has four divisions. Portamedic provides a wide range of medical exam services nationwide. Heritage Labs tests millions of samples annually and helps life insurers improve underwriting performance by better applying the predictive powers of today's tests. Hooper Holmes Health & Wellness provides a complete service for wellness, disease management, and managed care companies including scheduling support, fulfillment of supplies, blood collection kits, medical screenings, lab testing and data transmission. Hooper Holmes Services reduces the insurance sales cycle through integrated data collection, tele-interviewing and underwriting services.
This press release contains "forward-looking" statements, as such term is defined in the Private Securities Litigation Reform Act of 1995.These forward-looking statements are based on the Company's current expectations and beliefs and are subject to a number of risks, uncertainties and assumptions.Among the important factors that could cause actual results to differ materially from those expressed in, or implied by, these forward-looking statements are our ability to successfully implement our business strategy; uncertainty as to our working capital requirements over the next 12 to 24 months; our ability to maintain compliance with the financial covenant in our credit facility; our expectations regarding our operating cash flows; and the rate of life insurance application activity. Additional information about these and other factors that could affect the Company's business is set forth in the Company's annual report on Form 10-K for the year ended December 31, 2011, filed with the Securities and Exchange Commission on March 9, 2012.The Company undertakes no obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this press release to reflect the occurrence of unanticipated events, except as required by law.
Burt R. Wolder, Senior Vice President, 908-953-6249
S.M. Berger & Company
Andrew Berger, 216-464-6400
KEYWORDS: United States North America New Jersey
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