|By Business Wire||
|July 15, 2014 09:09 AM EDT||
Insurance Technologies, LLC, a provider of sales and regulatory automation solutions for the insurance and financial services industries, announced today that National Life Group has implemented ForeSight® to illustrate the term, indexed universal and universal life insurance products issued by its insurance companies. As a pioneer in providing new kinds of insurance coverage and using progressive underwriting practices, National Life agents now benefit from ForeSight mobile functionality. ForeSight enables National Life agents to access illustrations on multiple platforms and mobile devices, stay connected easily via the web and maintain functionality even in disconnected environments.
ForeSight is a comprehensive point-of-sale illustration platform that supports all aspects of the insurance sales process for multiple lines of business. By implementing ForeSight, National Life is able to provide its agents with advanced sales toolsets, accurate illustration output, tailored user experiences and mobile functionality that enables them to sell more efficiently and quickly in any location.
“After a thorough review of current illustration solutions available in the market, we are pleased with our choice in Insurance Technologies. We have been able to provide our agents with a valuable tool that will help us improve our sales process and increase sales,” said Michael Richardson, Associate Vice President at National Life. “We needed a solution provider with a proven track record of being able to handle complex life insurance products while providing a comprehensive yet intuitive illustration solution to help our agents more effectively illustrate and sell our products in the market. ForeSight has aided these strategic goals with its easy to use interface and mobile accessibility on tablet devices.”
“We are pleased to offer revolutionary products that support the bottom-line goals of our clients in addition to the needs insurance agents have in the field,” said David Fenimore, President of Insurance Technologies. “Illustrations are a powerful asset when integrated strategically with other insurance selling tools, and National Life has done that very successfully.”
National Life is also in the process of implementing even more products in ForeSight.
About Insurance Technologies (www.insurancetechnologies.com)
Based in Colorado Springs, Insurance Technologies provides innovative sales and regulatory automation solutions to the insurance and financial services industries. Our product suite supplies carriers and distribution partners accurate tools to automate and accelerate the sales process allowing more time to develop new sales opportunities. ForeSight® is a mobile point-of-sale illustration platform that supports all aspects of the insurance sales process for multiple lines of business across diverse distribution channels with customized user experience and content branding options. FireLight® is a device-agnostic, user-friendly, easy to deploy e-application business fulfillment platform that automates any existing sales process across all lines of business facilitating straight-through processing.
About National Life Insurance Group (www.nationallifegroup.com)
National Life Group® is a trade name of National Life Insurance Company, Montpelier, Vt., Life Insurance Company of the Southwest, Addison, Texas, and their affiliates. Each company of National Life Group is solely responsible for its own financial condition and contractual obligations. Life Insurance Company of the Southwest is not an authorized insurer in New York, and does not conduct insurance business in New York.