ACCESSWIRE
25 May 2023, 23:05 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
catharine@calibercorporateadvisers.com
SOURCE: Modern Life
Get a daily dose of Chicago Chronicle 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 Chicago Chronicle.
More InformationGUAM: After Typhoon Mawar brought strong winds and torrential rains, large areas of the US Western Pacific territory of Guam ...
NEW YORK CITY, New York: In one of the largest known Chinese cyber-espionage campaigns against American critical infrastructure, a state-sponsored ...
SAN FRANCISCO, California: Sam Altman, CEO of ChatGPT-maker OpenAI, has said the company could consider leaving Europe if it could ...
WASHINGTON D.C.: Reuters has reported that US President Joe Biden's nominee for a federal judge position in Kansas, Jabari Wamble, ...
WASHINGTON D.C.: Jennifer Homendy, head of the US National Transportation Safety Board, has said the US will investigate recent near ...
MIAMI, Florida: Four Chinese citizens living in Florida have sued the state over a new law barring citizens of China ...
CHICAGO, Illinois: Boosted by an ongoing shortage of previously owned houses on the market and a considerable drop in prices ...
Bullpen woes hardly are the only culprit behind the Chicago White Sox's sluggish first two months. Still, the club appears ...
Among the season-high seven home runs the Houston Astros slugged in their 10-1 road win over the Oakland Athletics on ...
The Tampa Bay Rays' potent offense probably isn't what the Chicago Cubs, generous in allowing runs as of late, want ...
Averaging just 2.9 runs per game in May, the Cleveland Guardians will attempt to kickstart their offense when they open ...
Nathan Eovaldi has overpowered opposing batters in his last five starts. The Texas Rangers right-hander will try to extend that ...