Forest Road
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NIC Roadmap

Data Initiatives

DATA INITIATIVES

HIGH LEVEL DESCRIPTION

NIC BUSINESS CASE/RATIONAL

Annuities

In development. Scheduled for April release

  • Aggregate annuity data from multiple annuity Carriers and make annuity data and information accessible to NIC users through the NIC platform.

  • Empower Distributors with a single view of their Agent (life & annuity book).

  • Empower Agents with a single view of their client (life & annuities).

  • API to feed annuity data to Distributor systems and apps.

  • Annuity insights (data driven sales & service opportunities).

  • Annuity notifications.

  • Premium data service that generates subscription fees from Carriers, Distributors and Agents.

Long Term Care

  • Aggregate LTC data from multiple LTC Carriers and make LTC data and information accessible to NIC users through the NIC platform.

  • Empower Distributors with a single view of their Agent (life, annuity & LTC book).

  • Empower Agents with a single view of their client (life, annuities & LTC).

  • API to feed LTC data to Distributor systems and apps.

  • LTC insights (data driven sales & service opportunities).

  • LTC notifications.

  • Premium data service that generates subscription fees from Carriers, Distributors and Agents.

Disability Insurance

  • Aggregate DI data from multiple DI Carriers and make DI data and information accessible to NIC users through the NIC platform.

  • Empower Distributors with a single view of their Agent (life, annuity, LTC & DI book).

  • Empower Agents with a single view of their client (life, annuities, LTC & DI).

  • API to feed DI data to Distributor systems and apps.

  • DI insights (data driven sales & service opportunities).

  • DI notifications.

  • Premium data service that generates subscription fees from Carriers, Distributors and Agents.

Enhanced User Profile
(Manual Data Entry)

  • Create a front office profile for all NIC users and Policy Owners so that users can add their own notes and contact information to a user record, Agent or office profile (separate from locked down Carrier fed data).

  • Segregate and identify all manually entered data to meet regulatory requirements.

  • Premium features that generates subscription fees from Agents.

Additional Insurance Products
(Manual Data Entry)

  • Enable users to add additional insurance product information that is not available in a data feed.

  • Segregate and identify all manually entered data to meet regulatory requirements.

  • Premium features that generates subscription fees from Agents.

Third Party Consumer Data

  • Integrate a 3rd party data service to enrich the consumer profile with information that will assist NIC users to better identify sales & service opportunities.

  • Premium features that generates subscription fees from Agents.

Commission Data Feeds

  • Add commission feeds direct from Carriers to NIC to enable Distributors and Agents with a consolidated view of commissions.

  • Premium features that generates subscription fees from Distributors and Agents.

Pending Policy Data Feeds

  • Add new business feeds direct from Carriers to NIC to enable Distributors and Agents with a consolidated view of their new/pending business.

  • Premium features that generates subscription fees from Distributors and Agents.

High priority road map items

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