Why is it that a LIMRA study shows that shoppers who go looking for life insurance online tend not to buy it?
COLORADO SPRINGS, CO, December 22, 2011 – Insurance Technologies, LLC, a provider of sales automation solutions for the financial services industry, announced today the successful deployment of VisibleChoice®, an annuity sales and research platform, for Allied Beacon Partners, Inc. (ABP).
Allied Beacon Partners, Inc. performed an evaluation of multiple vendors prior to selecting VisibleChoice as their new annuity sales solution for their Financial Advisors. One of the deciding factors in their decision to move forward with VisibleChoice is its superior value at delivering quick, comprehensive, real-time annuity product information and product changes across all annuity types (Variable, Fixed and Fixed Indexed) on one platform. Product information accessible through VisibleChoice includes, but is not limited to, shares class, income benefits, withdrawal benefits, carrier ratings, underlying fund fact sheets, and actuarial reviewed feature and rider descriptions, providing ABP Financial Advisors the information needed to make new and 1035 exchange suitable annuity sales.
Another determining factor to move forward with VisibleChoice for Allied Beacon Partners is its ability to easily and quickly integrate into their existing sales process, expediting the implementation and training of the system. The advanced capabilities built into VisibleChoice also provide Allied Beacon Partners the opportunity to create a paperless review process saving both Advisors and the home office valuable sales time.
“We’re very pleased to offer VisibleChoice to our representatives. Brokers finally have one central location to view all fixed and variable annuities past and present. This is a valuable tool that enables reps to make the right choices for their clients”, said Richard Landi, Executive Vice President, Equities Trading, Allied Beacon Partners, Inc.
“In a market where annuity products and benefits are continually evolving, Insurance Technologies understands that it is critical for broker dealers like Allied Beacon Partners to provide their Advisors a sales tool that will assist them in making informed product recommendations to their clients,” said Larry Wiedeman, CEO of Insurance Technologies. “We are excited to welcome Allied Beacon Partners to the VisibleChoice family and to be able to provide all the capabilities and benefits VisibleChoice has to offer to ABP Advisors.”
About Insurance Technologies - www.insurancetechnologies.com
Based in Colorado, Insurance Technologies provides innovative sales automation solutions to the financial services industry, supplying Carriers, Broker-Dealers, Bankers and Advisors the accurate sales tools allowing them more time to develop new sales opportunities. Our product suite manages the sales process across distribution channels thus providing Straight-Through Processing (STP) resulting in more in good order applications. ForeSight™ is a mobile point-of-sale platform that illustrates all business lines across diverse distribution channels. VisibleChoice® is a multi-carrier annuity sales solution that compares side-by-side product features and values thus reducing compliance risk and increasing suitability. FireLight® is an electronic fulfillment platform that provides a low cost, flexible and easy to deploy solution for all product lines resulting in world class electronic application processing. With over 200 employees, Insurance Technologies is known for our best of class products, advanced technology, dependable delivery and highly regarded customer service.
About Allied Beacon Partners, Inc. - www.alliedbeacon.net
Allied Beacon Partners, Inc. (ABP) is a full service financial firm headquartered in Richmond, Virginia with representatives nationwide. Established in 1984, ABP provides wealth management solutions using some of the most comprehensive investment products available in the industry today. ABP caters to the diversity of its clients by offering a full range of financial services, including traditional investments in stocks and bonds, a range of insurance products, real estate and 1031 tax-deferred exchange strategies, retirement planning, and investment banking. Distinct to the industry, ABP also offers an array of Alternative Investment products for diversification and risk mitigation that are not available to the general public. ABP also provides access to an assortment of public and non-traded Real Estate Investment Trusts (REITs). Allied Beacon Partners has long been known for its sound business principles and tradition of helping investors build, manage and preserve financial wealth. Allied Beacon Partners, Inc. is wholly owned by Beacon Acquisition Partners, which is a publicly traded company listed on the Canadian National Stock Exchange (www.cnsx.ca) (Symbol BAP).
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