Jefferson Pilot Financial Introduces Electronic Application and Enrollment Capabilities for Employee Benefits.Business Editors OMAHA Omaha, city, United States Omaha (ō`məhä, –hô), city (1990 pop. 335,795), seat of Douglas co., E Nebr., on the west bank of the Missouri River; inc. 1857. , Neb.--(BUSINESS WIRE)--April 24, 2003 Jefferson Pilot Financial (NYSE NYSE See: New York Stock Exchange :JP) today announced that its group business has strengthened its position as a technology leader within the group insurance marketplace through the introduction of electronic application (e-App) and electronic enrollment (e-Enroll) capabilities. The e-App and e-Enroll processes, offered through Jefferson Pilot Financial, will allow the Company's group sales Group sales Block sale (of large amounts) of securities to institutional investors. group sales The distribution of a new security issue to institutional clients. representatives, brokers and new policyholders to complete both a group application and enrollment on-line - at the point of sale. E-App is an on-line 'Application for Group Insurance' pre-populated with information electronically transferred from Jefferson Pilot Financial's Quote Engine quoting system. After pre-population, the application is forwarded to the broker or group administrator (via e-mail) to provide any additional information needed. When the e-App is complete, the broker and policyholder Policyholder An individual who owns an insurance policy. may submit their application signatures electronically or manually. "Since Jefferson Pilot Financial's e-App process captures electronic benefit information directly from our Quote Engine, the possibility for conflicting data between the proposal and sold case is greatly reduced," said Rob Peters, Vice President - Group Underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. . "These new electronic processes create a seamless way to capture data from the quote to contract issuance, with no duplicate DUPLICATE. The double of anything. 2. It is usually applied to agreements, letters, receipts, and the like, when two originals are made of either of them. Each copy has the same effect. data entry. If additional information is necessary from the broker or policyholder, intuitive questions guide the user through the on-line application for complete information capture. As evidenced by the results of Jefferson Pilot Financial's e-App pilot, our brokers and policyholders like doing business electronically and appreciate the convenience and ease of e-App. With the time-service improvements provided by e-App and e-Enroll, Jefferson Pilot Financial is putting the customer in control." E-Enroll, an element of e-App, may be utilized when a group's electronic census information is provided by the employer or broker in a Microsoft Excel (tool) Microsoft Excel - A spreadsheet program from Microsoft, part of their Microsoft Office suite of productivity tools for Microsoft Windows and Macintosh. Excel is probably the most widely used spreadsheet in the world. Latest version: Excel 97, as of 1997-01-14. format. Jefferson Pilot Financial has the ability to upload the electronic file and import the employee information directly into Jefferson Pilot Financial's sold case system. At any time, the policyholder can access Jefferson Pilot Financial's On-line Services and view member enrollments and current member participation percentages within the applicable benefit programs. "Jefferson Pilot Benefit Partners has moved one step closer to its ultimate goal of Jet Issue with the introduction of e-App and e-Enroll," said Peters. "Jet Issue will allow us to generate a new case from the point of sale to issuance completion electronically - with no manual intervention." E-App and e-Enroll capabilities, currently available for true group life, short-term disability, long-term disability and dental cases, are housed on Jefferson Pilot Financial's secure On-line Services site at www.jpfic.com. About Jefferson Pilot Benefit Partners A division of Jefferson Pilot Financial Insurance Company, Benefit Partners markets ancillary Subordinate; aiding. A legal proceeding that is not the primary dispute but which aids the judgment rendered in or the outcome of the main action. A descriptive term that denotes a legal claim, the existence of which is dependent upon or reasonably linked to a main claim. (non-medical) group and worksite insurance products including life, long-term and short-term disability, dental and Employee Assistance Programs through a distribution system consisting of 25 regional sales offices in addition to the home office in Omaha, NE. About Jefferson Pilot Financial Jefferson-Pilot Corporation, a holding company (NYSE:JP), is one of the nation's largest shareholder-owned life insurance companies. Jefferson Pilot Financial's life insurance and annuity annuity: see insurance. annuity Payment made at a fixed interval. A common example is the payment received by retirees from their pension plan. There are two main classes of annuities: annuities certain and contingent annuities. companies, principally Jefferson-Pilot Life Insurance Company, Jefferson Pilot Financial Insurance Company and Jefferson Pilot LifeAmerica Insurance Company, offer full lines of individual life insurance and group life, disability and dental insurance Dental insurance is insurance designed to pay the costs associated with dental care. Dental insurance pays a portion of the bills from dentists, hospitals, and other providers of dental services. products, in addition to annuity and investment products. Jefferson-Pilot Communications Company Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D. owns and operates three network television stations and 17 radio stations, and produces and syndicates sports programming. Additional information on Jefferson Pilot Financial can be found at www.jpfinancial.com. |
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