National Life Group (Montpelier, Vt.) has implemented Insurance Technologies’ ForeSight illustration platform for the term, indexed universal and universal life insurance products issued by its insurance companies. 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, the vendor claims. The insurer has begun implementing other products via the ForeSight platform.
National Life Group made what it calls a thorough review of current illustration solutions and chose ForeSight, which Michael Richardson, AVP, National Life, describes as a valuable tool that will help the company improve its sales process and increase sales.
“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,” Richardson elaborates. “ForeSight has aided these strategic goals with its easy to use interface and mobile accessibility on tablet devices.”
Insurance Technologies describes ForeSight as a comprehensive point-of-sale illustration platform that supports all aspects of the insurance sales process for multiple lines of business. By implementing the, 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, according a vendor statement.
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.
(Related: National Life Pursues Rapid Modernization with FAST Insurance Components.)