LIDMA

AcronymDefinition
LIDMALife Insurance Direct Marketing Association (Woodstock, GA)
References in periodicals archive ?
Long: The largest segment in terms of membership growth includes existing members of the Life Insurance Direct Marketing Association or LIDMA, which formed because their members previously couldn't join NAILBA.
Developed by a large contingent of LIDMA members including carriers, technology vendors, industry attorneys and front-line producers, the LIDMA e-Process utilizes newly developed technologies, such as e-signature, enhanced "part 2" data collection and e-delivery, to substantially reduce the time required for new policy purchases to be initiated by the consumer and delivered by the carrier.
DocuSign has been an industry leader in adopting and utilizing key aspects of the LIDMA eProcess," said Pat Wedeking, president of LIDMA.
Developed by a large contingent of LIDMA members including carriers, technology vendors, industry attorneys and front-line producers, the LIDMA eProcess utilizes newly developed technologies such as e-signature, enhanced "part 2" data collection and e-delivery to substantially reduce the time it takes for a new policy purchases to be initiated by the consumer and delivered by the carrier.
The LIDMA Vision Award recognizes people and organizations that make substantial contributions to the advancement of the direct response segment of the life insurance industry.
That breakout session featured speakers associated with LIDMA, the Life Insurance Direct Marketing Association.
Speakers Pat Wedeking, longtime President of LIDMA, and AccuQuote's Byron Udell mentioned that they see buying habits changing and trending this way, but reminded the audience that agents are still involved in these sales -- just not face-to-face.