Press Release
April 12, 2006
Colorado Springs, CO
Sun Life Financial Selects Insurance Technologies’ ForeSight™ to
Illustrate Its Domestic Annuity Products
COLORADO SPRINGS, CO (April 12, 2006) – Insurance Technologies LLC, the
premier provider of point-of-sale management software for the financial
services and brokerage industries, announces that Sun Life Financial,
has selected ForeSight™ to illustrate its domestic annuity product line.
Sun Life joins over a dozen other companies that will be modeling their
full annuity portfolio using ForeSight™ and intends to take advantage of
the deep experience and functionality developed by Insurance
Technologies.
Illustrating the capabilities of Sun Life’s annuity products, ForeSight™
will enable Sun Life’s 180,000 U.S. distributors to effectively
demonstrate the true value of the company’s annuity products. In
addition to the robust features and functionality that ForeSight™
provides, Insurance Technologies will be customizing ForeSight™ to
include all of Sun Life’s unique actuarial calculations, output designs,
validation requirements and proprietary interface requirements.
“We wanted to empower our annuity product line with a powerful
illustrator so our distributors can properly show our customers how
their assets will accumulate and pay out during their retirement,” said
Tom Bullen, National Vice President of Sales for Sun Life, “Insurance
Technologies’ ForeSight™ gives us a flexible platform for our variable,
fixed and indexed annuity product lines that can help every client
regardless of asset allocation and investment options.”
“We have had great opportunities over the past several years to help
companies highlight their annuity line-up and their sales show it. We
are looking forward to moving Sun Life’s sales ahead as well,” said
Kaylene Barnes, Senior Vice President of Client Services, Insurance
Technologies.
About Insurance Technologies (www.insurancetechnologies.com)
Based in Colorado Springs, Colorado, Insurance Technologies LLC offers
point-of-sale illustration software to the insurance and financial
services industries. Insurance Technologies award-winning product,
ForeSight™, supports all product types, including Life, Health,
Annuities, Mutual funds, Critical Illness, DI, and LTC – all on a single
mobile platform.
About Sun Life Financial (www.sunlife.com)
Sun Life Financial is a leading international financial services
organization providing a diverse range of wealth accumulation and
protection products and services to individuals and corporate customers.
Chartered in 1865, Sun Life Financial and its partners today have
operations in key markets worldwide, including Canada, the United
States, the United Kingdom, Hong Kong, the Philippines, Japan,
Indonesia, India, China and Bermuda. As of December 31, 2005, the Sun
Life Financial group of companies had total assets under management of
US$332 billion.
Sun Life Financial Inc. trades on the Toronto (TSX), New
York (NYSE) and Philippine (PSE) stock exchanges under ticker symbol
SLF.
For more information, and/or a copy of the complete release contact:
Heather Davis
Marketing Manager
Insurance Technologies
1-719-442-6400
hdavis@insurancetechnologies.com