Press Releases

FOR IMMEDIATE RELEASE

March 26, 2008
Contact: Janay Rickwalder
(703) 383-3081
jrickwalder@nailba.org

NAILBA Releases Updated Imaging Guide

(Fairfax, Va.) In its efforts to increase industry efficiency, the National Association of Independent Life Brokerage Agencies (NAILBA) has recently updated the NAILBA Imaging Implementation Guide to reflect today’s changing technology.

“More BGAs, carriers, and technology service providers use imaging technology than ever before,” said NAILBA Chairman of the Board Douglas A. Mishkin. “The NAILBA Imaging Implementation Guide establishes universal industry standards for sending documents electronically that will increase agency efficiency and lower the cost of doing business.”

Through the use of this Guide, BGAs and carriers will experience improved information security, time management and process consistency.  In addition, agencies are expected to see up to a 50 percent reduction in overnight costs and a significant reduction in photocopy expenses.

“NAILBA’s technological leadership has once again developed an innovative solution to save the industry time and money,” said Mishkin. 

For more information on the NAILBA Imaging Implementation Guide visit www.nailba.org/content/technology/documents/ImagingImplementationGuide2007FINAL_001.pdf                                         

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NAILBA is a nonprofit trade association with over 350 member agencies in the U.S. and Canada, representing 100,000 producers who deliver more than one billion dollars in first year life insurance premiums annually. NAILBA is dedicated to fostering the growth of its member agencies by providing educational resources, industry standards and a collective voice for legislative and regulatory efforts. Each of NAILBA's members commits to a statement of responsibilities to ethically and responsibly serve their clients' best interests. For more information, visit www.nailba.org.