📋 Status: In DevelopmentThis use case is currently being developed with working demo flows and detailed implementation guides. Expected completion: Coming soon.
Overview
Problem: Diversifying revenue for financial institutions when customers are in their early career stages, while meeting Danish §41 regulatory requirements for pension and life insurance advice. Solution: Wizflow provides continuous, automated advisory services that help customers optimize their pension and life insurance coverage while ensuring regulatory compliance. Impact: Growth in lifetime value (LTV) per customer through early engagement and ongoing advisory.What You’ll Learn
When this use case guide is complete, you’ll discover:📋 Regulatory Context
- Danish §41 requirements for pension and life insurance
- Compliance obligations for financial advisors
- Documentation and audit trail requirements
🔄 “Always On” Advisory Model
- Continuous monitoring of customer circumstances
- Automated trigger-based recommendations
- Proactive outreach and guidance
- Self-service adjustment capabilities
🛠️ Implementation Framework
- Regulatory compliant workflow design
- Customer lifecycle monitoring
- Automated advice generation
- Integration with pension and insurance systems
💰 Revenue Optimization
- Early customer engagement strategies
- Cross-selling opportunities
- Customer retention through ongoing value
- Long-term relationship building
Preview: Core Capabilities
The §41 advisory solution will include:Lifecycle Monitoring
Track customer life events and changing needs
Automated Advice
Generate compliant recommendations based on circumstances
Self-Service Portal
Customer-facing tools for policy adjustments
Compliance Tracking
Full audit trail and regulatory documentation
Regulatory Considerations
- §41 Compliance: Ensuring all advice meets Danish regulatory standards
- Documentation: Comprehensive record-keeping for audits
- Customer Communication: Clear disclosure and consent processes
- Professional Standards: Maintaining advisor qualification requirements
Related Resources
Understanding the foundation:- AI Assistant Overview - Powering automated advisory
- Global Variables - Managing customer data and calculations
- Conditional Logic & Routing - Implementing complex advisory rules
Regulatory Questions?
Need clarification on §41 compliance requirements? Our team has deep expertise in Danish financial regulation. Contact support@wizflow.io.
Implementation Priority
Return: MediumComplexity: Simple implementation
Timeline: 3-5 weeks typical implementation
Prerequisites: Pension/insurance system integration, regulatory framework setup