Foresters Equity Services, Inc. Selects VisibleChoice® As Its Annuity Research And Point-of-Sale Support Software For Their Registered Representatives - Insurance News | InsuranceNewsNet

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May 1, 2012 Newswires
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Foresters Equity Services, Inc. Selects VisibleChoice® As Its Annuity Research And Point-of-Sale Support Software For Their Registered Representatives

COLORADO SPRINGS, CO, May 1, 2012 – Insurance Technologies, LLC, a provider of sales automation solutions for the financial services industry, announced today the successful implementation of VisibleChoice®, an annuity sales and research platform, for Foresters Equity Services, Inc (Foresters Equity). VisibleChoice provides Foresters Equity Reps real time variable, fixed and fixed indexed annuity product information to easily research product benefits and features in a comparable format to make quick annuity sales, saving valuable selling time.

As part of Foresters Equity initiatives to provide their Reps a dedicated back office with modern technology solutions to make the sales process more efficient, Foresters Equity evaluated several annuity comparison platforms to provide more value to their Reps. Foresters Equity chose VisibleChoice as their new sales tool offering for its annuity research features, capabilities, and friendly user workflow. With easy access to share classes, income benefits, withdrawal benefits, carrier ratings, underlying fund fact sheets, actuarial reviewed feature and rider descriptions and FINRA reviewed reports, VisibleChoice provides Foresters Equity Reps a wealth of product information needed to make suitable product recommendations, on one system.

Because of the strong suitability regulations around new and exchange transfer annuity sales, Foresters Equity selected VisibleChoice for its integrated suitability and record-keeping functionalities. VisibleChoice enables Foresters Equity Reps to serve their clients quickly while meeting clients’ needs and home office record-keeping processes.

“At Foresters Equity, we strive to promote a sales-friendly atmosphere. VisibleChoice was the comprehensive and intuitive sales tool we were looking for to bring our technology and value-adding offerings to the next level,” said Heather Broderick, Director of Marketing & Recruiting of Foresters Equity Services. “By providing VisibleChoice to our representatives at no cost to them, we’re able to maintain our commitment to affordability while accommodating a quick and efficient variable annuity sales process.”

“Insurance Technologies is pleased to provide Foresters Equity Services a solution that not only coincides with their 2012 company goals to provide more value to their Registered Reps, but also a solution that was easy to integrate into their existing business process at an affordable price,” said Steven Acosta, Vice President of Sales of Insurance Technologies. “We know the importance for broker dealers to provide sales tools that make the sales process more simplified for Advisors while automating home office compliance and suitability strategies. We are excited to provide VisibleChoice to Foresters Equity Services and welcome them as a VisibleChoice client.”

About Insurance Technologies - http://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 Foresters Equity Services - http://www.forestersequity.com

Foresters Equity Services, Inc (Foresters Equity), created in 1986, is a nation-wide independent broker dealer licensed by the Financial Industry Regulatory Authority (FINRA) with its headquarters in San Diego, California. Foresters Equity is a subsidiary of Foresters, an international Fraternal Benefit Society headquartered in Toronto, Canada. Foresters Equity specializes in mutual funds and variable investment products with a primary objective to provide customers with reliable information suited to their investment objectives and short and long-term financial needs. Foresters Equity qualified Registered Representatives provide investment strategy that best fits individual needs and is dedicated to assisting individuals plan for their future financial needs by providing an array of products and services. Offering investment products in forty eight states and the District of Columbia, Foresters Equity currently maintains over 23,000 clients, $750 million in assets under management and over 400 registered representatives across the US. Foresters Equity Services, Inc. is a member of both the FINRA and the Securities Investor Protection Corporation (SIPC).

For more information, and/or a copy of the complete release contact:

Kristin Wills
VP, Marketing
1-719-442-6400
[email protected]

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