AMA: I'm Rob Borthwick, Head of Product - Datafeeds at Iress, Ask Me Anything!
We have 3 questions:
- We are finding that that cover information coming through on the datafeeds seems to be duplicating or containing incorrect amounts (such as 2 lines on the same cover for 2 different amounts, which don't add up to the correct total cover amount the client has). This means the client total cover amount and the individual cover line amounts are incorrect. When you check the insurer portal the information is correct so how is it coming through incorrectly on the datafeed?
- Some insurers contain information that can't be mapped - clients are coming through as both clients and companies (e.g. Mr C & Mrs J Weber come through as a company (this is the addresses field on a letter not an actual entity, but also as Carl Weber, and Jess Weber come through as individuals) thus causing hundreds of Do Not Map or duplicates for the company record. Is there a way to stop these Company entities company coming in? If we turn on this datafeed we are going to have thousands of entity records to go through and mark as Do Not Map.
- We have only 4 insurers with datafeeds and 6 who don't have datafeeds, is there a timeline to have the other insurers provide datafeeds?
- rob.borthwick8 months ago
Iress Team
Hi @carolyn.pretorius
Thanks for your questions.
1 – Without knowing the specifics of your situation I am going to assume that you had a conversion done that brought through the Insurance Policies initially. It has been identified that there was an issue with the Conversion process that resulted in causing the datafeeds to duplicate cover details. Please contact Iress support to assist with this.
2 – I would need an example to be able to look into this further.
3 – There are currently about 20 datafeeds that supply Insurance data. Iress continues to work with Insurers to get more datafeeds. We currently have projects underway with Neos to get datafeeds for MLC Life & NobleOak which will be available prior to end of year. We are also in early stages of discussions with Metlife. Which other Insurers are you after?
- carolyn.pretorius8 months agoActive Interactor
Hi Rob,
1 - the policy came through only from the datafeed, have deleted and re-mapped/refreshed but it still comes back on with multiple lines and incorrect amounts but the insurer portal is correct.
2 - We have a ticket for this but neither the insurer or Iress could resolve. I can send you screen shots and an explanation?
3 - we are in New Zealand, so NIB, Southern Cross, Chubb Life, Resolution Life (who used to have one), Unimed and AIA (not Sovereign).
Thanks
- rob.borthwick8 months ago
Iress Team
Hi Carolyn,
If you can provide me the Iress Support ticket reference (ISD), I can take a look
Welcome to this AMA thread!
Here's how to get involved:
- Submit your questions: Just type them out and post now ahead of the AMA! This is a text-based event, so no audio or video is needed. The expert will be online to answer whatever questions you have during the scheduled time.
- Be respectful: Keep it friendly and professional. Respectful dialogue makes the AMA enjoyable and informative for everyone.
- Stay engaged: Feel free to follow up or ask about different topics as the thread goes on. The more you interact, the richer the conversation.
- Enjoy the experience: Use this opportunity to gain insights and connect with peers and experts. Let’s make this AMA one to remember!
Looking forward to all your amazing questions and let the asking begin!
Recent Discussions
9th Apr AMA: I'm Sarah Jacobs, Xplan optimisation expert and product manager, Ask Me Anything!
With the government proposing to replace SOAs with Client Advice Records (CARs), are your advice document processes in Xplan as efficient as they could be? For example, curious about how to optimis...sarah.jacobs21 days agoIress Contributor709Views4likes18Comments27th March AMA: I'm Lana Graham, Xtools+ expert and product manager. Ask Me Anything!
Xtools+ has helped countless advice practices work out solutions to their clients' financial problems – even for the most complex scenarios. Why not fully harness its potential and have a say in what...lana.graham24 days agoIress Contributor869Views3likes43CommentsAMA: I'm Jess Lamb, Xplan expert and Director at Practice Dynamix, Ask Me Anything!
Advisers and paraplanners, are you providing the best possible experience during the client review? And how could you be using Xplan to be making the process even more efficiency? Join me here on T...jessica.lamb28 days agoAdvisely Partner623Views5likes22Comments13th March AMA: I'm Jason Zhang, Xplan Portfolio expert and product manager, Ask Me Anything!
Managing client portfolios effectively is essential for a well-run advice practice – but are you using all the features available to you in Xplan? Make 2025 the year you fully harness Portfolio's pot...jason.zhang2 months agoIress Contributor499Views6likes17Comments