b2b-daily
Home | FinTech | FinTech Insurance

AIMCOR and SCOR Unveil QuickLife: A Tech-Driven Term Life Insurance Revolution

Avatar photo
by Caitlyn Jones
February 21, 2024
Image Credit: Vecteezy
AIMCOR and SCOR Unveil QuickLife: A Tech-Driven Term Life Insurance Revolution

In an extraordinary move to redefine term life insurance, AIMCOR Group has teamed up with French reinsurer SCOR to launch AIMCOR QuickLife, a groundbreaking digital product. By incorporating Techficient’s Dynamic Platform into this initiative, potential policyholders can expect to receive online underwriting decisions with unprecedented speed. This fusion of technology and expertise simplifies the notoriously complex process of acquiring life insurance, making it not only faster but also more accessible to a broader audience. The collaboration has produced a platform that facilitates the rapid delivery of services to clients, while equally streamlining operations for agents.

Central to QuickLife’s innovation is its use of predictive data modelling and advanced analytics, enhancing the customer experience by dramatically cutting down approval times. Traditionally, the purchase of term life insurance has been riddled with paperwork and protracted waiting periods. However, QuickLife’s technology-driven approach offers a stark contrast and is a boon for those seeking swift, hassle-free protection for their families. The efficiency engineered into every step of the product’s design ensures a frictionless application experience, indicative of the digital transformation that’s sweeping through the insurance industry.

Strategic Collaboration Fostered by Industry Leaders

QuickLife—a life insurance venture powered by Ameritas and backed by SCOR’s reinsurance—is reshaping the future of the industry. This strategic alliance leverages SCOR’s robust backing and harnesses AIMCOR Group’s vast distribution network for a more profound market reach. According to Marc Verbos of AIMCOR, this is set to give their firms a significant edge in competition.

The initiative is praised by Bob Jurgensmeier from Ameritas, who stresses its innovative approach, while John Ziambras of AIMCOR highlights its role in fostering innovation and improving operations. Symbolizing the industry’s push towards digitalization, QuickLife is driven by a desire to modernize insurance access, using technology to streamline processes and meet the needs of today’s families. This partnership not only demonstrates collaborative strength but also aims to deliver insurance products more efficiently and accessibly.

InsurTech

Explore more

AI Redefines the Data Engineer’s Strategic Role
January 30, 2026

A self-driving vehicle misinterprets a stop sign, a diagnostic AI misses a critical tumor marker, a financial model approves a fraudulent transaction—these catastrophic failures often trace back not to a flawed algorithm, but to the silent, foundational layer of data it was built upon. In this high-stakes environment, the role of the data engineer has been irrevocably transformed. Once a

Generative AI Data Architecture – Review
January 30, 2026

The monumental migration of generative AI from the controlled confines of innovation labs into the unpredictable environment of core business operations has exposed a critical vulnerability within the modern enterprise. This review will explore the evolution of the data architectures that support it, its key components, performance requirements, and the impact it has had on business operations. The purpose of

Is Data Science Still the Sexiest Job of the 21st Century?
January 30, 2026

More than a decade after it was famously anointed by Harvard Business Review, the role of the data scientist has transitioned from a novel, almost mythical profession into a mature and deeply integrated corporate function. The initial allure, rooted in rarity and the promise of taming vast, untamed datasets, has given way to a more pragmatic reality where value is

Trend Analysis: Digital Marketing Agencies
January 30, 2026

The escalating complexity of the modern digital ecosystem has transformed what was once a manageable in-house function into a specialized discipline, compelling businesses to seek external expertise not merely for tactical execution but for strategic survival and growth. In this environment, selecting a marketing partner is one of the most critical decisions a company can make. The right agency acts

AI Will Reshape Wealth Management for a New Generation
January 30, 2026

The financial landscape is undergoing a seismic shift, driven by a convergence of forces that are fundamentally altering the very definition of wealth and the nature of advice. A decade marked by rapid technological advancement, unprecedented economic cycles, and the dawn of the largest intergenerational wealth transfer in history has set the stage for a transformative era in US wealth