MediConnect first
began working with Jefferson Pilot in 2001 and
then made the switch to Lincoln once the two
companies merged in 2006. Based in the
Philadelphia area, Lincoln works with MediConnect
as one of their approved vendors for APS
retrieval.
Because quick and
cost-effective APS retrieval is so important to
the company, Lincoln has come to rely on
MediConnect's high level of customer service
directed by a devoted Account Manager. This allows
them to have a more personal touch from
MediConnect and greater access through the APS
retrieval process.
MediConnect's
system is also integrated within Lincoln's Winrisk
system and improves time to service because
retrieved APS records are imaged and uploaded
directly into their proprietary system. This helps
speed-up the underwriting process to get their
applicants insured as quickly as
possible.
Through its affiliated
companies, the company offers annuities (life,
group life and disability insurance), 401(k) and
403(b) plans, savings plans, mutual funds, managed
accounts, institutional investments and
comprehensive financial planning and advisory
services.
To better serve its
customers, MediConnect is replacing its current paper
based invoicing practices with a new, easy to read,
electronic invoicing solution emailed to clients on
a weekly basis. 
Life Settlements are becoming more and
more common in personal financial portfolios of older Americans. In
a Life Settlement transaction a policy owner sells his policy to a
third party for more than the cash value offered by the life
insurance company. The purchaser becomes the new beneficiary at
maturation and is responsible for all subsequent premium
payments.
