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iPipeline UK Announces Ian Teague, COO/CFO, Appointed UK Managing Director

iPipeline® -- a leading provider of electronic quote and application services to the UK life and pensions market -- today announced Ian Teague, COO/CFO, has been appointed to the position of UK Managing Director. In this new role, Ian will be responsible for the day-to-day management of the company and its strategic direction. He will report directly to Larry Berran, COO/CFO, iPipeline US.

“We have made substantial progress during the past year, expanding our Mercury Platform with innovative products that have historically delivered outstanding value to the North American insurance industry. New products including XRAE® (underwriting health class estimator), iGO® e-App for Annuities (an intelligent fillable e-application) and PolicyEX® (e-Policy delivery) promise to revolutionize how we do business in the UK life and pensions market,” said Ian Teague, UK Managing Director, iPipeline. “I look forward to the opportunity to closely align with my US counterparts to develop and expand our role in the UK market place.”

“We see an enormous opportunity within the market place to revolutionize how providers, distributors, and IFAs market, sell and process their diversified financial products,” said Larry Berran, COO/CFO, iPipeline. “The global insurance industry is adapting to the aftermath of the economic crisis. Many providers are seeking new technologies that conserve capital, replace substandard processing tools, improve distribution methodologies, and create more cost-effective operations that deliver stronger performance at home and abroad. iPipeline’s solutions have proven their value in North America and will do the same for the industry in the UK.”

Andrew Simon, CEO, exits iPipeline UK. Andrew has been with iPipeline (formerly Assureweb) for 6 years and built the management team that led the company to be acquired by iPipeline in 2012.

iPipeline, who holds the title of Best Quotation Provider for Advisory Firms, offers the widest choice of products to advisers in the UK; Annuities, Bonds, Income Protection, Pensions and Term.

About iPipeline UK

iPipeline UK (previously Assureweb) is a leading provider of business intelligence, e-quote, e-application, policy delivery, and policy holder services to the UK life and pensions market. iPipeline offers the UK’s broadest range of integrated and licensed solutions used by approximately 35 providers, 5,700 distributors, and 22,500 IFAs via their Websites or CRM systems. To learn how you can better use iPipeline’s industry-leading solutions to streamline and accelerate your business activities, visit us at www.ipipeline.com/uk.

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