PerfectQuote Collaborates with Optimyl Benefits for Instant Funded Proposals for Agencies

PerfectQuote Partners with Optimyl Benefits for Enhanced Quoting Solutions

PerfectQuote, Inc., a frontrunner in digital quoting solutions for group health, has announced an exciting new collaboration with Optimyl Benefits. This strategic partnership allows PerfectQuote subscribers access to direct, underwritten proposals specifically for level-funded medical products via the platform's intuitive Request-for-Proposal (RFP) tool.

PerfectQuote revolutionized the quoting process since its launch in 2017, significantly minimizing manual errors and reducing the close time for transactions by up to 95%. According to Justin Sylvester, the company's CEO and co-founder, "PerfectQuote is constantly evolving and blazing a path for insurance agencies to sell more products with ease." Their platform is currently used by various insurance firms, including 14 out of the 20 largest firms based in the United States. This impressive reach enables the servicing of over 100,000 small and large group employers.

The partnership with Optimyl Benefits signifies a significant turning point in how insurance brokers will quote business. Optimyl Benefits is recognized for its comprehensive and transparent level-funded programs that cater to small employers. As Mike Bentz, President of Optimyl Benefits, stated, "We are excited to partner with PerfectQuote to enable a more streamlined way to quote business, allowing brokers to dedicate more time to advising their clients rather than getting bogged down in administrative tasks."

This collaboration aims to deliver competitive level-funded medical plans in mere minutes. The ability to provide underwritten proposals swiftly not only enhances efficiency but also reduces the overall administrative burden for brokers and their clients. Sylvester added, "Our partnership with Optimyl Benefits is centered on creating value for our mutual customers by expediting the process of selling insurance."

Optimyl Benefits has made a name for itself in the group health sector by offering a comprehensive, turnkey level-funded program that prioritizes flexibility and transparency. Their platform boasts seamless access to notable brands within the industry, including well-regarded stop-loss carriers and networks. This comprehensive framework allows Optimal Benefits to stand out among its competitors.

PerfectQuote’s role is pivotal in delivering operational excellence to brokers. By leveraging PerfectQuote’s cloud-based group benefits quoting software, brokers can navigate the complexities of commercial health insurance sales more efficiently. This is especially important for a market that demands quick and accurate quoting to meet client needs and expectations.

In conclusion, the partnership between PerfectQuote and Optimyl Benefits represents a crucial advancement in the landscape of group health insurance. By streamlining the quoting process and allowing brokers to focus more on their primary responsibilities, both companies are setting a new standard for efficiency in the insurance industry. As they continue to innovate, their joint efforts will undoubtedly benefit insurance agencies and employers alike by simplifying processes and enhancing service delivery for level-funded medical products.