ACCESS Newswire
25 May 2023, 18:35 GMT+10
Advisors utilizing tech-enabled brokerage gain access to insurer's suite of term and permanent products
NEW YORK, NY / ACCESSWIRE / May 25, 2023 / Modern Life, a technology-enabled life insurance brokerage, today announced a distribution agreement with Prudential Financial (NYSE: PRU) to provide financial advisors utilizing its platform with an expanded range of insurance and protection products. As a result of the agreement, advisors using the Modern Life platform gain access to Prudential's suite of permanent and term life insurance products.
The Modern Life platform can speed and simplify the life insurance journey for financial advisors, enabling them to quickly run quotes, compare strategies and apply for the most suitable financial protection for their clients. The platform is supported by a full-service brokerage team that assists advisors with individual case design, product selection and best-in-class underwriting support.
'In combining traditional brokerage experience with cutting edge technology, we have been able to help shorten the life insurance journey and help advisors serve their clients faster than ever,' said Modern Life CEO and Co-founder Michael Konialian. 'We're thrilled to work with a company with a long and distinguished history like Prudential, to provide our advisors with access to term and permanent strategies that help to solve a broad range of client needs.'
Modern Life's proprietary technology leverages data and analytics to accelerate risk assessment, underwriting and quoting to help shorten the life insurance journey for advisors and their clients. The platform also enables advisors to manage all client and brokerage needs in one place, serving as a centralized source for client information and application statuses, as well as a window into advisors' practices, showing commissions, appointments and other resources.
About Modern Life
Modern Life is a tech-enabled life insurance brokerage. With a focus on empowering advisors, Modern Life offers advanced technology solutions to digitally streamline advisors' practices and expert brokerage support. With Modern Life, advisors nationwide can compare quotes from top carriers in minutes, perform data-driven underwriting assessments, manage clients from an integrated dashboard, and receive comprehensive deal support. For more information, please visit modernlife.com.
About Prudential Financial
Life Insurance and Annuities are issued by The Prudential Insurance Company of America and Pruco Life Insurance Company (in New York, by Pruco Life Insurance Company of New Jersey), located in Newark, NJ (main office). Variable annuities are distributed by Prudential Annuities Distributors, Inc., Shelton, CT. Variable universal life products are offered through Pruco Securities, LLC (member SIPC). All are Prudential Financial companies and each is solely responsible for its own financial condition and contractual obligations.
Media Contact:
Catharine Rybeck
Caliber Corporate Advisers
[email protected]
SOURCE: Modern Life
Get a daily dose of Memphis Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Memphis Sun.
More InformationNEW YORK CITY, New York: Facing a deepening financial crisis, the United Nations Secretariat is planning to cut 20 percent of its US$3.7...
SAN JUAN, Puerto Rico: More than 4 billion people worldwide endured at least one extra month of extreme heat between May 2024 and May...
GAZA - At least 32 Palestinians were killed and more than 200 wounded after Israeli forces opened fire on crowds waiting for food at...
SEOUL, South Korea: On May 30, South Korea's leading left-wing presidential candidate, Lee Jae-myung, said he wants to change the Constitution...
WASHINGTON, D.C.: U.S. federal officials are looking into an attempt by someone who pretended to be White House Chief of Staff Susie...
SEATTLE, Washington: Amazon has struck a significant deal with The New York Times to license its journalism for use in AI tools like...
NEW DELHI, India: India's economy hit a four-year low of 6.5 percent, lifted by an impressive fourth-quarter growth at 7.4 percent....
WASHINGTON, D.C.: A sharp rise in jobless claims and a slump in corporate profits are adding fresh signs of strain in the U.S. economy,...
NEW YORK, New York - U.S. stocks rose Monday but gains were limited due to more tariffs uncertainty as the U.S. prepares to take on...
LONG ISLAND CITY/CHICAGO: JetBlue and United Airlines are teaming up to offer travelers more flexibility and rewards, announcing a...
MADRID, Spain: Europe's tourism sector is poised for a strong 2025, with international visitor spending projected to grow by 11 percent...
BEIJING, China: European companies are spending less and cutting back on investment plans in China because the Chinese economy is slowing...