Canada Life replaces RepNet with Business Space

Since April 25, 2023 Canada life broke with his advisor system, RepNet. A new platform calledbusiness area was created after a successful test phase. “More modern and adapted to the digital age,” it says David StewartSenior Vice President of Independent Distribution of Canada lifeThis new platform replaces the old RepNet system, which was developed with a paper-first approach and was intended only for desktop computers. »

However, the new platform is accessible from most devices such as mobile phones, tablets and computers. This new system offers users a more intuitive and user-friendly experience. RepNet will be retired by the end of 2023, Stewart says.

According to David Stewart, the system includes features such as illustration, customer portal access, dashboards for insurance anniversaries and customer annual statement occasions.

This gives advisors access to useful information in real time, allowing them to better manage their client base. Additionally, the platform is equipped with a more efficient search function, making it easier to access all the information advisors need for their needs.

David Stewart also emphasized that this new platform allows for easy integration for advisors. You can enroll without assistance or benefit from the support of a dedicated team responsible for integrating Canada Life's 30,000 advisors.

General agents and Volksbanks, i.e. investment firms that offer insurance through financial security advisors, can also use the platform to support advisors.

The start ofbusiness area allows Canada Life to position itself on a par with its competitors, acknowledges Mr. Stewart. This entire trend shows how ready advisors are to transition to a digital experience.

Canada Life expects to have 90% of its advisors registered on the platform by September. In addition, further expansions of the program are planned for this year, particularly with regard to the integration of asset management and continuing education.

Tyrone Hodgson

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