SECU had offered its members insurance services for 12 years as an insurance agency, but in 2013 the State Employees Credit Union (SECU) made the decision to start its own insurance company, SECU Life Insurance Company. To develop their successful strategy for underwriting in minutes vs. days, SECU considered the vital elements that impact speed to issue. The company’s objectives took into consideration each of the key elements – new insurance products, advanced technology and the need to meet the needs of their agents as well as the demands of consumers. Read about their success in achieving quote to policy issue in one visit.
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