(Image credit: Adobe Stock.)
Insurance Technologies, LLC (Colorado Springs, Colo.), a provider of sales and regulatory automation solutions for the insurance and financial services industries, has announced the expansion of its illustration software offering with the development of FireLight Illustration, a new sales component of the FireLight Sales Platform.
Insurance Technologies describes FireLight Illustration as a single entry, multi-carrier, multi-product system designed for advisors to quickly access and produce compliant and compelling illustrations for different lines of business for different carriers to create a simple and cohesive sales experience. It provides carriers one system with self-servicing capabilities to manage all their products, sales channel experiences, and more; enhancing product accessibility to distribution partners and driving efficiency while reducing both labor and costs, according to the vendor. Illustrations produced in FireLight are connected to an e-Application and e-Signed within FireLight for a complete, in-good-order sales submission.
“In developing our FireLight Platform SaaS solution, we feel one of the most important components is insurance product illustration,” comments David Fenimore, CEO, Insurance Technologies. “It is important to provide a solution where integration projects are no longer required because FireLight has a single data model where information is collected once then used by every component.”
This takes illustration to a place where it is beyond a requirement, but a desired activity in the sales process due to new use cases where illustration is part of a selling ecosystem, not a point solution, according to Fenimore. “We want this leveraged for all multi-carrier, multi-product, multi-distribution scenarios,” he says.