Annuities Distribution Technology Trends
Authors: Rob McIsaac
Published: January 2013
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The annuity business has grown and changed considerable over the past decade. Solutions that automate the sales process have matured significantly during this period and have been deployed by a large number of carriers and distribution partners. Given the potential for these solutions to improve the sales experience, reduce costs for both carriers and distributors, while supporting changes in compliance processes, carriers are considering broader implementations to support their business models. In this study, Novarica reviews the drivers that lead to implementation, the products that are currently on the market, and the issues carriers will want to consider as they frame their future strategic plans in this line of business.