In current market conditions, life & pension providers are increasingly looking at ways to improve profitability by driving down the cost of new business processing and client servicing as well as increasing the speed to market of new products. In addition new regulation is forcing providers to consider new distribution channels beyond that of the intermediated (IFA) channel such as going direct to orphan clients and implementing worksite marketing propositions.
In light of these industry factors you could be considering how your current IT infrastructure will support these objectives and might be facing numerous issues such as how to:
- consolidate disparate, costly bespoke e-commerce solutions
- minimise administration support and improve operational efficiency
- reduce the number of IT staff involved in supporting multiple internal systems
- utilise new sales channels such as worksite marketing and going direct to orphan clients to secure distribution and protect market share
- achieve straight through processing whilst providing an aggregated client view
- remove error-prone, paper based processes
how Focus can help
Focus has a range of products and services to assist you with your overall e-commerce strategy including:
focus:360° life & pension extranet - a solution to help you revolutionise your e-commerce strategy by providing a single consolidated extranet platform which supports multiple distribution channels, such as direct to consumer and worksite marketing.
focus:360° consumer - a consumer facing portal to assist you with developing your direct to consumer channel to reach the public and orphan clients as part of your overall distribution strategy.
domain expertise consultancy services - a selection of services to help you develop your e-commerce strategy from inception, built on our in-house experience and expertise.