Dyad Strengthens Partnership with IPFS and AndDone to Enhance ALIS
Dyad, a prominent figure in insurance distribution software, has strengthened its partnership with Imperial PFS (IPFS) and AndDone to enhance its ALIS platform by integrating premium finance and digital payment capabilities. This strategic move is designed to optimize the insurance distribution process for Managing General Agents (MGAs), wholesalers, and program administrators, providing a seamless quote-to-bind payment workflow. By streamlining operations and expediting processing times, Dyad aims to enhance both operational efficiency and regulatory compliance requirements.
Streamlining Insurance Operations
Jeff Wargin, Chief Product Officer at Dyad, emphasizes that the partnership focuses on "streamlining operations and enhancing efficiency." The integration with IPFS and AndDone allows users to manage quotes, finance, and payments directly within the ALIS system, reducing the need to switch between multiple platforms. This integration is designed to improve risk management, minimize administrative tasks, and offer more predictable transactions through AI-driven embedded finance solutions.
Positioning Dyad as an Industry Innovator
This collaboration enhances the ALIS platform's value by integrating comprehensive financial solutions into existing workflows, positioning Dyad as a leader in the insurance technology industry. The initiative marks the first phase of an expansive collaboration aimed at establishing a connected ecosystem for insurance finance and payments. With future phases in development, Dyad seeks to further streamline efficiencies for agencies, positioning itself at the forefront of innovation in the insurance sector.
For more information on the partnership and the services offered by Dyad, IPFS, and AndDone, visit their respective websites.