January 30, 2003
Colorado Springs, CO
COLORADO SPRINGS, CO (January 30, 2003) - Insurance Technologies, the premier provider of point-of-sale management software for the financial services and brokerage industries, today announced that American United Life Insurance Company® (AUL), a OneAmericaTM financial partner and current customer of Insurance Technologies, has purchased ForeSight™ Enterprise for its annuity operations. AUL has successfully been illustrating its life insurance products with ForeSight since 2000.
“ForeSight’s range of product functionality provides us with a clear competitive advantage during the sales process," said Teddy Orr, Manager, Sales Promotion & Product Support for AUL. “We are confident ForeSight will boost our annuity operations, just as it continues to increase our life product sales.”
Utilizing the rich annuity features inside the ForeSight system, AUL’s sales force will soon have functionality to more dramatically illustrate its variable and fixed annuity portfolio. The illustration output and simplicity of the user interface will help customers and representatives see the value in AUL’s products.
“AUL has been using and realizing the value of ForeSight for more than two years,” said Lloyd Smith, Senior VP, Client Services, Insurance Technologies. “We are extremely excited they have selected ForeSight to support their annuity operations in addition to their current variable and term life products.”
About American United Life Insurance Company®
American United Life Insurance Company® (AUL) is a diversified company offering 401(k) plans and other retirement products; individual, group and credit insurance; and annuities. Headquartered in Indianapolis, IN, AUL is licensed to sell in 49 states and the District of Columbia. AUL can trace its history back to 1877. AUL is the founding member of OneAmerica Financial Partners, Inc.
About Insurance Technologies (http://www.insurancetechnologies.com)
Based in Colorado Springs, Colorado, Insurance Technologies is the pioneer of enterprise wide insurance point-of-sale management, offering a feature rich software solution to the financial services and brokerage industries, supporting life, annuity, mutual fund, long term care, disability insurance and accidental death and dismemberment products.
The ForeSight family of products is Insurance Technologies’ multi-channel desktop and web solution integrating steps in the sales process including sales channel branding and content administration, needs analysis, asset allocation, quotes, hypotheticals, illustrative cash flows, suitability analysis, jurisdictional compliance, application generation and electronic fulfillment.