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

Creating new channels for digital engagement

Empowering partners with In Force data

Improving communications with target marketing

Digitizing relationships through NIC's technology hub