Discover how Proformex provides Lindsey Smith and his firm with a centralized with well-organized data for all the policies entrusted to his company.
In an age where regulations continue to become more stringent, it was important for TDC Life to implement a comprehensive, consolidated solution for inforce policy management.
See how Proformex helped Ben Rainey protect one of his clients who was facing some difficult circumstances - a cancer patient's policy entered grace period after a missed premium payment.
Find out how one advisor transformed his practice utilizing the Proformex system to ensure his clients' needs were met while creating new opportunities within his current book of business.
A law firm with a significant trust practice had no comprehensive process for policy review. Learn how Proformex solved their reactive problem and created real differentiation from their competitors.
Discover how Proformex helped this local foundation keep a gifted $5M life insurance policy inforce after an unexpected 400% premium payment increase.
See how Proformex helped this firm regain 30 years' of guarantees that were lost on a client's policy when he made a material change to that policy.
A client at this law firm had a life insurance policy that he was ready to surrender. Find out how Proformex intervened and gave him some more preferable alternatives to explore.
A local community foundation received a $5M life insurance policy as a donation, but shortly after receiving this gift, the policy became subject to lapse. See how Proformex helped keep the policy inforce.
Two policy owners lost nearly 7 years of coverage due to a carrier spin-off. See how Proformex identified the problem early in a coverage assessment and helped keep the policy inforce.
When a policyowner’s premium payment was not appropriately applied to his account, his life insurance policy became subject to lapse. Discover how Proformex helped keep the $2.5M policy inforce.
See how Proformex helped to automate inforce policy management for a 40-year-old firm with a considerably sized book of business and helped identify new business opportunities.
Lion Street implemented Proformex for consolidated inforce policy management. Now, they are delivering a better overall experience to their clients. See how.
Learn more about how LifeTrust3D has leveraged automated inforce policy management and fiduciary risk mitigation with Proformex to further scale their business.
Marc Byrnes, Chairman of Oswald Companies, discusses all the ways he believes the life insurance industry can improve, especially by adopting new technologies to drive value to clients.
Jon Pinney, Managing Partner of Kohrman, Jackson & Krantz, discusses the state of the life insurance industry and the growing need for technologies to automate cumbersome tasks and improve efficiencies.
Jamie Mendelsohn, EVP of Ashar Group, shares her insights with us regarding the accessibility of important policy information and an established review process.
Jon Mendelsohn, CEO & Founder of the Ashar Group, discusses the need for increased specialization within the industry as well as the importance of proactively monitoring a policy performance.
Nick Bowman, Advanced Marketing Specialist of Lion Street, identifies some of the bigger challenges facing the industry today, such as a lack of transparency between agents and clients.
Bill Boersma, Owner of the OC Consulting Group, emphasizes the importance of ongoing policy management and how not having a system in place allows things to slip through the cracks.
Marty Jensen, Chairman of PMI Advisors, discusses some of the unique instances he sees within his business working with family offices for comprehensive wealth management.
Richard Harris, Owner of Richard Harris LLC, discusses the ways in which he protects his client’s policies from lapsing and how an inforce policy management platform like Proformex helps with that.
David Sterling, Principal of Sterling Capital Resources, discusses the importance of helping clients achieve the best possible outcomes and how leveraging technology can help.
Thomas Bishop, Owner of The Bishop Company LLC, shares his thoughts with us regarding the life insurance industry and the importance of a proactive approach to policy management.
Michael Seltzer, Founding Member & Principal of Verite Group, discusses the importance of maintaining credibility and always doing the right thing for his clients to ensure their satisfaction.
Proformex Founder Mike Pepe and Ashar Group Founder & CEO Jon Mendelsohn share their insights around the life insurance industry, specifically in regards to life settlements.
Founding Member & Principal of Verite Group Michael Seltzer chats with Profomex Founder Mike Pepe about the state of the industry and how premium financing provides a valuable option to policy owners.
Tate Groome, President of LifeTrust3D, and Mike Pepe, Founder of Proformex, share ideas and best practices around irrevocable life insurance trust management.
Proformex Founder Mike Pepe and Magna Life Settlements Director of Origination Austin Barnes discuss the history of life settlements and the future of the life insurance industry.
Jim Purdy, Director of Agent Origination at Magna Life Settlements speaks with Proformex Founder Mike Pepe about the life settlement marketplace and what to expect in the future.
Marty Jensen of Trust Protector, LLC connects with Mike Pepe, Founder of Proformex to talk about fiduciary duty, best interest standards, and the future of the life insurance industry relative to these regulations.
Scott Weber, VP of Practice Management and Technology, sits down with Mike Pepe, Founder of Proformex, to talk about the challenges and opportunities with inforce policy management.
Founder of Proformex Mike Pepe sits down with Chad Neifer, Founder of inForce Insights to talk about ongoing inforce policy management and how to leverage technology to make it easier and more consistent.
Proformex Founder Mike Pepe interviews Author & Financial Awareness Advocate Tony Steuer about the history of the life insurance industry and the changes we're seeing today.
Barry Flagg, Founder of Veralytic, chats with Proformex Founder Mike Pepe about the changing life insurance industry and what he thinks could still be improved in the future.
Proformex Founder Mike Pepe interviews Tom Gray, CEO of Employee Pooling about combining the power of technology with the power of human capital to improve business operations.
Mike Pepe, Founder of Proformex, and Dustin Johnson, EVP of Marketing and Operations at One Resource Group, share their thoughts around current trends in the life insurance industry.
Gonzalo M. Garcia, CLU, Partner at AgencyONE chats with Mike Pepe, Founder of Proformex, about the growing importance of inforce policy management and the future of our industry.
With changes in state insurance regulations and increased product performance concerns, inforce policy management is becoming a major issue for the life insurance industry.
Premium financing is a good option if you’re looking for alternatives to pay for those costly premiums. Watch this video to learn more about how premium financing could work for you.
Since most non-professional trustees don't have insurance industry experience, many of them may be unaware of all the responsibilities entrusted to them as well as the potential for liability exposure.
A life settlement is the sale of an unwanted policy to a third party for an amount that is higher than the policy's cash surrender value and lower than the death benefit. Watch this video to learn more.
Annual policy reviews are essential to ensuring that policyowners' expectations are met. But they're time consuming and costly. Watch this video to see how Proformex helps formalize and automate the process.
Whether you're a professional or non-professional trustee, you are held to strict fiduciary standards. Proformex can help you avoid unintended breach of those fiduciary duties.
Best interest standards are coming, and it's important to ensure your processes are compliant now before it's too late. Watch this video to learn more about how Proformex can help.
Fiduciaries are obligated to always act in the best interest of their clients. The possibility of a fiduciary failing to do so is referred to as fiduciary risk. See how Proformex limits your exposure to fiduciary risk.
In order for succession planning to be seamless, life insurance agents must have an established process that addresses the biggest concerns for potential buyers of their practice.
Thanks to the advancement of technology, consumers have increased expectations for the products and service providers they use. This is no different for life insurance clients.
There are many ways to prospect for new business, and one of those tactics is by leveraging centers of influence (COIs). Watch our video below to learn how using Proformex can help you better prospect to COIs.
Fiduciary obligation is one of the highest imposed by law. The possibility of breaching those duties is known as fiduciary risk. Discover how Proformex limits your exposure to that risk.
The Proformex Advantage Program is the New Standard for Life Insurance Management for banks, law firms, CPA firms, trust departments, family offices, and foundations.
With new best interest standards regulations, producers must be able to demonstrate that their client recommendations and sales transactions are suitable. What criteria are used to define "suitable"?
This video outlines some of the major differences between each agent type and demonstrate some of the ways our platform can support those agents who are transitioning from being captive to independent.
The life insurance industry has proven to be one of the slowest industries to adopt and implement new technologies to improve the way we do business. Proformex is transforming our industry. See how.
Regardless of how many different life insurance carriers you contract with, Proformex can help securely consolidate all of your data and provide you with more consistent client reporting.
Life insurance policies are valuable assets that must be proactively managed throughout the insured's lifetime. See how Proformex transforms and simplifies inforce policy management.
The life insurance industry is undergoing a digital transformation, thanks to technology like Proformex. Discover how our turnkey solution saves you time, money and resources on inforce policy management.
Proformex has turned ongoing inforce policy management into a revenue maker. See how some current Proformex customers are generating an annual 300%+ ROI on their purchase of our platform.
When you work with multiple carriers, it can quickly become difficult to get a clear line of sight across your entire inforce book. See how our carrier and distribution agnostic platform can help.
Monitoring inforce life insurance policy performance relative to the original performance expectations can be difficult. But it doesn't have to be. See how Proformex can help.
Don’t wait until your annual reviews with your clients to find potential sales. Learn more about how Proformex can help you quickly identify these opportunities for easy sales.
Fiduciary duty is both a duty of loyalty and a duty of care. Since it's one of the highest obligations imposed by law, the potential consequences of failing to uphold this standard of care can be severe.
Trustees are legally considered fiduciaries and are thus held to strict fiduciary duties. Managing trusts can be complicated and time-consuming enough as it is, but Proformex can help. See how.
There is a tremendous amount of responsibility tied to fiduciaries when it comes to irrevocable life insurance trusts. Automation of the tasks associated with Proformex can help.
As technologies begin to surface within the marketplace, it's becoming increasingly important for agencies to identify and explore ways to implement these tools and resources for the benefit of their agents.
Even though most non-professional trustees are designated based on their personal relationships rather than life insurance experience, they are still legally held to the same standards as fiduciaries.
Life insurance isn't likely to be top-of-mind for clients in most cases, so an annual policy review is recommended to catch any changes. See how Proformex supports policy reviews in our latest white paper.
From assessing your needs to understanding the multitude of product types within the life insurance realm, there's a lot of information that policy owners need to know.
When determining who should serve as a trustee, there's much to take into consideration. The person designated as such must be able to manage trust assets in an honorable, trustworthy manner.
Annual policy reviews are time-consuming and costly. Imagine how you could reallocate your time and resources and put them to better use if you had a way to automate the policy review process.
As the insurance industry ages, it's important for independent insurance agents and brokers to consider their plans for their practices upon their retirement. See how Proformex can help.
Due to its complex and time-consuming nature, most agents are not focusing their energy on ongoing policy performance monitoring. But policy monitoring is crucial to meeting policyowner expectations.
There are a variety of sources for new clients that life insurance agents can leverage to build their business, and one of those sources is through Centers of Influence (COIs).
Policy owners have grown accustomed to technology in virtually every aspect of their lives, so why should life insurance policy management be any different?
This executive white paper examines how best interest standards were first introduced to the life insurance industry, how they are currently being regulated and implemented, where they are headed.
When considering a life insurance distribution partner, you must consider more than just who gives you a higher commission payout. This paper outlines other important decision-making factors.
Life insurance technology is no longer just a differentiator. See how and why inforce policy management enables you to provide your clients with the best possible outcomes.
Meet our Chief Marketing Officer, David Morris. He and Mike chat about their background and the future of Proformex while taking a few puts outside First Energy Stadium in downtown Cleveland.
In this episode of Putting with Pepe, our Chief Executive Officer Kris Beck shows off her strong short game and talks about her experience growing and scaling SaaS technology companies.
Episode three of Putting with Pepe highlights our Chief Technology Officer Chris Sullivan. He and our founder Mike Pepe chat about the development of Proformex down on the Shoreway.
In our fourth episode of Putting with Pepe, Mike interviews Patrick Sullivan, our Director of Product Management. Patrick is focused on further developing our product to improve user experience.
Niko Kantourous, our Head of Customer Success, is as Cleveland as it gets. He and our founder Mike Pepe chat outside of Baker Mayfield's home, First Energy Stadium in downtown Cleveland.
Karoline Porter, once a Customer Success Manager and now our Associate Product Manager, sinks the most puts out of anyone interviewed by our founder Mike Pepe and talks about what she does at Proformex.
In episode 7 of our Putting with Pepe series, learn more about our CFO Bill Leonard, his background, and his love for the city of Cleveland.
In the 8th episode of our series, you'll meet Ryan Tuley, our Director of Inside Sales here at Proformex. Learn more about Ryan and his background in SaaS sales in the video below.