iPipeline acquires TCP LifeSystems

TCP LifeSystems said its New Business Underwriting solution has reduced processing time from an average of 34 days to 15 minutes with 95% cases written online and 80% executed via straight-through processing.  TCP LifeSystems provides an end-to-end software solution, underpinning insurance policy administration, underwriting, and acting as a central communication exchange point between customers, advisers, providers and reinsurers. Ian Teague, managing director, iPipeline UK said: "Advisers, intermediaries, providers and consumers have high expectations for a streamlined, digital expe...