Press Release
October 24, 2006
Colorado Springs, CO
Insurance Technologies Selected to Illustrate Annuities from
MassMutual
COLORADO SPRINGS, Colo., October 24, 2006 – Insurance Technologies LLC,
a premier provider of point-of-sale insurance marketing software for the
financial services and brokerage industries, announces that
Massachusetts Mutual Life Insurance Company (MassMutual) has selected
Insurance Technologies ForeSight™ to illustrate a range of annuity
products. MassMutual joins dozens of other companies using ForeSight™.
ForeSight™ will enable financial professionals to illustrate the
features and benefits of proprietary deferred and immediate annuity
products issued by MassMutual. In addition to providing professional,
Compliance-approved sales illustrations, the Internet-based Insurance
Technologies’ ForeSightTM platform will also include modules for
presentations and asset allocation.
“Insurance Technologies’ ForeSight™ is a convenient educational tool
that will be mutually beneficial to producers and consumers,” said Will
Luckert, head of annuity sales operations, MassMutual. “ForeSight™
enables us to offer a comprehensive and flexible online resource to
illustrate our growing selection of annuity products.”
“We’re very pleased with MassMutual’s confidence in ForeSightTM
Mobility,” said Paul Skordilis, executive vice president, worldwide
sales and marketing, Insurance Technologies LLC. “Together, we’ll help
producers who are helping consumers to prepare for retirement.”
About MassMutual Financial Group
MassMutual Financial Group is the fleet name for Massachusetts Mutual
Life Insurance Company (MassMutual) and its affiliates, with more than
13 million clients and over $395 billion in assets under management at
year-end 2005.
Founded in 1851, MassMutual is a mutually owned financial protection,
accumulation and income management company headquartered in Springfield,
Mass. MassMutual’s major affiliates include: OppenheimerFunds, Inc.;
Babson Capital Management LLC; Baring Asset Management Limited;
Cornerstone Real Estate Advisers LLC; MassMutual International LLC and
MML Investors Services, Inc. MassMutual is on the Internet at
www.massmutual.com.
For more information, and/or a copy of the complete release contact:
Keri Gregg
Insurance Technologies
1-719-442-6400
kgregg@insurancetechnologies.com