Press Release

MetLife Investors Selects Insurance Technologies' ForeSightâ„¢

December 03, 2001
Colorado Springs, CO

COLORADO SPRINGS, CO (December 03, 2001) - Insurance Technologies (IT), the premier provider of point-of-sale management software for the financial services industry, today announced MetLife Investors has purchased ForeSight™ Enterprise for its multiple distribution channels.

MetLife Investors (MLI) required innovative technology that could support its existing products, while adding new functionality through the web for its new product offerings. MLI selected the web version of ForeSight Enterprise to illustrate its unbundled variable annuity products and to support new business products. ForeSight Enterprise will support the rich features of MLI’s latest products, including dollar-cost averaging, living benefits, death benefits and bonus features. MLI also required the ForeSight system to be integrated with its current CRM (customer relationship management) system, iContact, allowing them to create a seamless environment for internal users and external agents.

The ForeSight family of products is Insurance Technologies multi-channel desktop, Internet, and wireless “point of sale management” system that integrates many steps in the sales process, from needs analysis to application generation. The policy application data is harvested and generated at each step in the process and carrier specific business rules are applied to create a highly accurate data set. The data set can then be used by ForeSight to populate the policy application form or sent electronically to a new business acquisition system.

About MetLife Investors

MetLife Investors is the newest member of the MetLife family, offering financial solutions throughout the investment lifecycle. The MetLife companies serve approximately nine million U.S. households, or 1 of every 11 U.S. households, including 87 of the Fortune 100 companies with approximately 33 million employees and members. MetLife Investors offers a suite of variable annuity products and will strive to become a full-scale financial services provider by expanding its product line to include variable life insurance, mutual funds and retirement plans.

About Insurance Technologies (http://www.insurancetechnologies.com)

Based in Colorado Springs, Colorado, Insurance Technologies, the pioneer of enterprise wide point-of-sale management, offers software solutions to the financial services industry that include Life, Annuities, Mutual Funds, Long Term Care and Disability Insurance. Insurance Technologies’ flagship software product suite, ForeSight, is an award winning family of applications that manage point-of-sale activities from a single platform and can be used across multiple distribution channels.