Press Release

Sagicor Selects Insurance Technologies ForeSight™ as their Point-of-Sale Management and Illustration System

March 02, 2006
Colorado Springs, CO

COLORADO SPRINGS, CO (March 02, 2006) - Insurance Technologies, LLC, the premier provider of point-of-sale management software for the financial services and brokerage industries, announces that Sagicor Life has selected Insurance Technologies' ForeSight™ product for their worldwide agency force. While deploying all functional modules and product lines that make up the ForeSight system, Sagicor agents will be able to operate inside a single system for all of their sales management activities.

Initially, Sagicor will implement Customer Resource Management (CRM) capabilities, agent activity evaluation and tracking, financial needs analysis, product suitability recommendations and illustration capabilities. Subsequent phases will deploy electronic-application, inforce policy information and other critical interfaces to provide an end-to-end automated solution for their agents. All this functionality will be deployed using Insurance Technologies' latest version of the ForeSight product, allowing agents to work both in a web (connected) mode as well as a disconnected, thick client mode with full case data and system data synchronization.

"Our partnership with Insurance Technologies will put us well ahead of our competition, and will enable us to compete directly with US and other foreign companies to achieve our sales goals, said Michael McKenzie, Assistant Vice President of Strategic Projects, "we will be reaping the benefits of this decision for many years to come."

"The Sagicor implementation highlights what we see is becoming the global standard and expectation for point of sale functionality," said Steve Leigh, SVP Sales and Marketing, Insurance Technologies, "they will truly be providing a competitive advantage to their agents by deploying this robust mobile solution. As demonstrated in many other companies, ForeSight will undoubtedly improve Sagicor's standing with their agents while dramatically increasing sales."

About Insurance Technologies, LLC (www.insurancetechnologies.com )
Based in Colorado Springs, Colorado, Insurance Technologies, LLC, offers point-of-sale illustration software to the insurance and financial services industries. Our award-winning product, ForeSight, supports all product types, including Life, Health, Annuities, Mutual funds, Critical Illness (CI), Disability Insurance (DI), and Long Term Care (LTC) – all on a single mobile platform.

About Sagicor Life (www.sagicor.com)
Serving Barbados, Trinidad & Tobago, Jamaica, St. Lucia, Antigua and 15 other countries, Sagicor offers a wide range of financial services to the Caribbean region - and beyond. Our financial solutions encompass insurance, investments, retirement planning, home ownership, education savings, savings plans, and money management.

 

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