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Life Brokerage Technology Committee

 

ACORD's Lloyd Chumbley, Vice President Standards at ACORD sits down with Andy Falvey, CLU, ChFC of MetLife and Carrier Chair of the new Life Brokerage Technology Committee.


Andy Falvey of MetLife. Click the image to watch the video.

Andy Falvey has been in the insurance industry since 1988 and is currently the Director of Firm Automation for MetLife, managing the flow of data to the independent distribution channel, for both new business and in-force policies. He has served on the ACORD Life Steering Committee and the ACORD Standards Committee and is a member of the NAILBA Technology Committee. Now, he is the Carrier Chair for the new Life Brokerage Technology Committee.

The committee was formed in 2009 out of the NAILBA Technology Committee and is now an independent group that has the support of both NAILBA and ACORD. In fact, Brian Marable, Market Development Manager of ACORD, participates in the group's meetings.

The group brings together carriers, brokers/agents and solution providers to take on technology issues within the Life industry. They felt that they "needed to continue to have the dialog and discussions on how to implement the standards and implement the solutions that are going to create an ease of doing business between the three entities," Falvey said.

Currently, they are tackling:

  • Imaging solutions
  • Commission Statements
  • Electronic Policy Delivery
  • e-Signatures

Watch the video and learn more, including a more detailed discussion of e-Signatures.