(Image credit: Murat Ilgarlar.)

Centaurus Financial, Inc., an Anaheim, Calif.-based independent broker/dealer, has signed with Ebix (Johns Creek, Ga.) to offer annuity products on its AnnuityNet platform. Ebix describes AnnuityNet as a highly configurable platform that supports variable, fixed, index and income annuity sales, as well as inforce policy maintenance for withdrawals, fund transfers, and policy updates. AnnuityNet supports Ebix’s carrier products for easy and convenient access by Bank, Broker Dealer, and Agency distribution clients, according to the vendor.

Centaurus will use the AnnuityNet platform to increase efficiency and quality by reducing data entry, gaining productivity through integrations with third party systems, improving visibility into operational metrics, and enhancing their straight-through-processing initiative, Ebix reports.

“The launch of the AnnuityNet platform will support our overall initiative to provide comprehensive sales and operations automation for our variable and indexed annuity business,” comments Westley King, President and CMO, Centaurus. “I’m certain our representatives will benefit from the streamlined application-to-issue process provided by AnnuityNet.”

Streamlining Business Processes

“We are excited that Centaurus has chosen Ebix’s AnnuityNet for the electronic processing of their annuity applications after looking at various solutions in the market,” comments Ash Sawhney, President, Insurance Solutions North America, Ebix. “We believe that implementing AnnuityNet will streamline Centaurus’s business processes help make new business and policy servicing more efficient and effective.”