April 9, 2010
Colorado Springs, CO
COLORADO SPRINGS, CO (April 9, 2010) – Insurance Technologies LLC, the premier provider of illustration and point-of-sale software for the financial services and brokerage industries, announces the successful implementation of ForeSight™ for Thrivent Financial for Lutherans to support their need for an on-line Variable Annuity Hypothetical and Hypothetical Historical Sales Illustration system
This strategic investment in ForeSight has allowed Thrivent Financial for Lutherans to deploy their first Variable Annuity Sales and Marketing system leading to great success in 2009 (gaining Market Share and moving into the "Top 20" in an otherwise down market for 70%+ of today's VA manufacturers).
ForeSight was selected by Thrivent not only for its innovative reputation, but as the best fit for their needs. ForeSight's illustration presentations were immediately recognized as beneficial for their sales team and investors by providing a point-of-sale resource to educate and inform financial representatives about the living benefits, death benefits, riders and investment options of Thrivent's VA products. One illustration from ForeSight says more than hundreds of words in a detailed product description. With ForeSight, Thrivent is equipped with a proven, powerful and persuasive learning and sales tool needed in today's marketplace.
"By leveraging ForeSight's flexibility, Thrivent Financial for Lutherans rolled-out the solution to all their financial representatives in 2008, as a means of improving their ease of doing business." says David Fenimore, Insurance Technologies' CIO. "We are excited to offer ForeSight to help grow Thrivent Financial for Lutherans' Variable Annuity business, support their sales efforts with illustrations that are simple to generate and make a tangible impact."
About Insurance Technologies (http://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, Annuities, Critical Illness, DI, and LTC – all on a single mobile platform. Our latest innovation VisibleChoice® is a multi-carrier annuity sales platform designed to leverage multiple annuity products and features. Together, they improve point-of-sale effectiveness and help close more sales quickly.
About Thrivent Financial for Lutherans (www.thrivent.com)
Thrivent Financial for Lutherans is a not-for-profit membership organization helping nearly 3 million members achieve their financial goals and give back to their communities. As a not-for-profit fraternal benefit society, Thrivent Financial sponsors national outreach programs and activities that support congregations, schools, charitable organizations and individuals in need. Thrivent Financial has main offices in Minneapolis, Minn., and Appleton, Wis.