Insurance Technologies is proud to announce the fifth major release of its flagship product, and has received commitment from marquee clients to migrate to ForeSightâ¢ 5.0, which has a general availability date of August 19, 2008.
ForeSightâ¢ 5.0, built on the Microsoft .NET Framework 3.5 using Visual Studio 2008 Team System with Team Foundation Server, simplifies and streamlines the selling of Life, Annuities, Critical Illness, Disability Income and Long Term Care, while giving agents the advanced tools they need to customize offerings to customers and producers across multiple distribution channels. It supports all the steps in the selling process â needs analysis, asset allocation and sales concepts, hypotheticals, forms generation, application processing, and group or multi-life cases.
The application manages all point-of-sale activities from a single platform, increasing the productivity of producers, improving agility and speed to market as well as reducing expenses. Its native .NET Framework capabilities provide high performance on a mobile platform while providing users with a familiar style and a fast, flexible, and secure operational environment.
Disconnected desktop users are supported through the ForeSightâ¢ "Console" application, which delivers the exact same functionality found in the Web application on the desktop with no internet connectivity required. This is done using the same codebase, so the user sees the exact same behaviors whether on the web or on the desktop.
Two-way case synchronization is supported for user data and automatic software updates are handled through ClickOnce. Rich integration options to related systems such as application processing, underwriting, and administration are provided through ACORD transactions and Web services.
âWe are honored to accept the Windows in Financial Services award recognizing the exceptional work of Insurance Technologies employees to deliver ground breaking solutions,â says David Fenimore, EVP, Engineering & CIO for Insurance Technologies. âWhile this award recognizes the utilization of latest technologies to create powerful software applications, it also underscores the Insurance Technologies continued commitment to invest in providing the best solution for our clients.â
âInsurance firms struggle with the need to simplify the selling of products in an easy-to-use, centralized manner that still provides the best and most advanced tools for agents,â said Bill Hartnett, U.S. insurance industry solutions director, Microsoft Corp. âthe ForeSightâ¢ innovative solution, using Microsoft technologies, delivers these benefits, providing a great degree of customization, while also allowing agents to work in a familiar and easy-to-use environment.â