Press Release

Insurance Technologies Expands Its Illustration Offering by Introducing FireLight® Illustration

September 13, 2018
Colorado Springs, CO

COLORADO SPRINGS, CO, September 13, 2018 – Insurance Technologies, LLC, a provider of sales and regulatory automation solutions for the insurance and financial services industries, announced the expansion of its illustration software offering with the development of FireLight® Illustration, a new sales component of the FireLight Sales Platform.

FireLight Illustration is 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. Illustrations produced in FireLight are connected to an e-Application and e-Signed within FireLight for a complete, in-good-order sales submission.

β€œIn developing our FireLight Platform SaaS solution, we feel one of the most important components is insurance product illustration. 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. We want this leveraged for all multi-carrier, multi-product, multi-distribution scenarios,” said David Fenimore, CEO at Insurance Technologies.

Insurance Technologies is the developer of ForeSight®, an enterprise illustration system that has been providing life and annuity carriers robust and highly customizable illustration capabilities for life, annuity and other products since 1998.

About Insurance Technologies
Insurance Technologies provides innovative sales and regulatory automation solutions to the insurance and financial services industries. Offering a suite of integrated sales solutions, from pre-sale functions through e-application, to post-sale services, Insurance Technologies provides carriers and distributors the sales capabilities and tools to create automated and cohesive sales experiences for their advisors and clients across all lines of insurance, retirement and investment products. The unique architecture and flexibility of its solutions deliver front and back-office configurability and usability to support multiple business strategies, encourage cross-channel growth and evolve with regulatory changes.

 

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