America's Benefit Specialist June 2023
PRODUCT NEWS
applications and policy delivery. It gives policyholders unique built-in features such as Advanced Benefit, COBRA Premium Benefit and Good Health Benefit. There is also a new combi nation of benefits and coverage periods. The product also offers a Student Loan Repayment rider, which can help pay toward student loan debt if a disability due to an illness or injury prevents someone from earning an income. For more information, visit ameritas.com/disability- income/dinamic-foundation. NEW CLOUD PLATFORM SIMPLIFIES BENEFITS FOR BUSY HR LEADERS Colonial Life has launched Gathr, a cloud platform to transform the way small businesses deliver benefits and address common human resources needs. Gathr enhances and elevates benefits enrollment, administration and HR experience so employers and their brokers can save time and focus on what matters most. Gathr combines Colonial Life’s proprietary technology to help workers sign up for medical, voluntary and group benefits in a secure digital experience. “Gathr provides an intuitive benefits and HR experience for small and medium-sized businesses,” says Tim Arnold, president and chief executive officer of Colonial Life. “Lever aging Gathr eliminates the need to coordinate with each carrier, which saves time and simplifies open enrollment for companies, their employees and our broker partners.” Gathr provides these flexible, digital solutions: Benefits Enrollment: Centralized portal for open enroll ment; custom enrollment communications and easy-to-un derstand educational materials Benefits Counseling: Delivers one-to-one benefits; available in person, virtually, over the phone, or with a hybrid approach Digital Documents & Workflows: Digitally sign, complete, and track all benefits and HR documents Compliance: Centralized recordkeeping helps businesses maintain compliance with the most recent ACA, ERISA, CO BRA, HSA, and FSA regulations Premium Add-on Features—Time tracking, paid time off, performance management and custom workflows can be add ed to help businesses manage their HR needs as they scale up See more on ColonialLife.com.
SIMPLY EASIER PAYMENTS RELEASES ENHANCED SOLUTION FOR AGENCY INVOICING Simply Easier Payments has announced its release of an innovative insurance invoicing and billing solution. Called Intelligent Invoicing, this integrated solution takes insurance payments to a new level of convenience by combining agen cy billing and finance. Intelligent Invoicing combines a suite of digital tools that delivers a new level of efficiency in agency billing. This new solution enables insurance agents, brokers and premium financing providers to give policyholders the option of pay ing now or using payment plans through a single invoice. Traditionally, agency billing and premium finance contracts have been presented separately, with multiple steps in each process. Intelligent Invoicing marks a new way to combine those into a single step, while leveraging the advantages of enhanced invoicing and billing features, such as electronic signatures, expanded agency management system integra tions, and more. “With Intelligent Invoicing, agency billing and premium financing can now be a single-step process without sacrific ing other capabilities, that eliminates tedious and repetitive tasks for insurance professionals,” said Duke Williams, CEO and founder of Simply Easier Payments. Calvin Churchill, VP of product management, added: “Intel ligent Invoicing delivers significant time savings to agencies because it requires little or no additional data entry. Once a finance contract is signed and the payment is made, Intelli gent Invoicing can route all receipts and paperwork automat ically, with no other manual intervention by the agency.” An additional benefit of Intelligent Invoicing is an en hanced customer experience. Among its features are the ability to invoice customers automatically, import open invoices from an agency management system, and provide automated reminders. To learn more, call 800-768-0907 or visit www.simplyeasier. com. AMERITAS UNVEILS NEW DI PRODUCT Ameritas has announced the launch of DInamic Cornerstone Income Protection, a disability income insurance product that includes greater strength and flexibility for policyhold ers. DInamic Cornerstone offers three new riders: Lump Sum Savings, Enhanced Plus Residual and Benefit Increase. DInamic Cornerstone’s features also include coverage up to the maximum benefit period for mental, nervous, drug and alcohol conditions, along with discounts for digital
PAN-AMERICAN LIFE INSURANCE GROUP ANNOUNCES PAN-AMERICAN ACCIDENT & HEALTH Pan-American Life Insurance Group, a provider of life, accident and health insurance throughout the Americas,
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