PerfectQuote Unveils Cutting-Edge RFP Tool to Enhance Broker-Carrier Interactions

PerfectQuote, a prominent player in the digital health quoting arena, has officially launched its highly anticipated upgraded request-for-proposal (RFP) solution. This initiative, aimed at modernizing communications between brokers and carriers, promises to significantly streamline the process of exchanging underwritten proposals for group health insurance.

Streamlining the RFP Process

Traditionally, brokers have encountered challenges with RFPs, often correlating to fragmented workflows, excessive email exchanges, and considerable manual effort required from all parties involved. Recognizing these pain points, PerfectQuote’s new solution addresses these issues head on. Brokers can effortlessly submit RFPs directly through the PerfectQuote application. The intuitive email-based system facilitates a smoother workflow, enabling brokers to dispatch requests to potential carriers without extraneous steps.

Upon receiving the RFP, carriers can respond right from their email, eliminating the need to navigate through cumbersome systems. This simplicity allows PerfectQuote’s platform to analyze carrier proposals automatically. Consequently, brokers receive instant feedback, allowing for easier reviews and enhancing the quality of presentations and client discussions, all consolidated in one centralized hub.

Justin Sylvester, the CEO of PerfectQuote, commented, "RFPs have been a considerable hassle for brokers and carriers due to disjointed processes and manual inputs. We listened to the needs of our clients, and our solution aims to bring everyone together through improved speed, accuracy, and transparency without necessitating new systems or training sessions."

Why PerfectQuote’s Solution Stands Out

Unlike other RFP tools that impose additional strains throughout the process, PerfectQuote’s solution integrates seamlessly into existing workflows. This provides brokers with ordered and comparable proposals while allowing carriers to respond effortlessly without extra workload. One of the standout features is its robust integrations with key industry technology, including Agency CRM and BenAdmin providers. This development effectively closes the loop from the initial request through to the sale and subsequent administrative processes, achieving greater speed and accuracy in the handling of RFPs.

Continuing the Mission of Modernization

The release of the enhanced RFP solution is a significant step in PerfectQuote’s mission to innovate employee benefits quoting. This new tool enhances efficiencies not only by merging functionalities that brokers are already familiar with but also by ensuring carriers can adapt seamlessly to the platform. As Sylvester noted, "By aligning with carrier workflows and equipping brokers with effective tools, PerfectQuote is redefining the standards of how RFPs should function in today’s market."

Immediate Availability

PerfectQuote’s enhanced RFP solution is now active and accessible for all of its brokerage customers and respective carriers. The company, founded in 2017 and based in Austin, Texas, concentrates on facilitating operational excellence within the commercial group health insurance sector. With a portfolio featuring robust cloud-based quoting software, PerfectQuote serves a diverse range of clients, including several of the top 10, 50, and 100 largest agencies in the United States, ultimately impacting over 125,000 employer groups.

For more detailed information on PerfectQuote and its latest offerings, visit www.perfectquote.io.