Life Insurance Illustration Software Solutions

Helping your Brokers and Carriers to Improve Accuracy

Our Illustration system is a fast, flexible and powerful solution that empowers your brokers and carriers to access uniquely accurate pre-sale and in-force valuations for a wide variety of both group and individually owned policies.

Our Illustrations solution supports variable products, whole life, universal life, term life, corporate-owned life, bank-owned life and more.

Many clients take advantage of the Andesa Illustration system’s pre-integration with our administrative solutions, drawing data from a single, secure source and ensuring that illustrated values equal policy values.

Achieve Secure and Comprehensive Reporting Levels

While it is available as a standalone solution, our Illustration solution offers maximum value when integrated with our Policy Administration and/or Plan Administration solutions. All relevant data is drawn from a common engine – resulting in unprecedented accuracy across truly comprehensive reports.

Our Illustration solution runs in our secure, private cloud environment – allowing authorized users to access it via a web browser, anytime, anywhere. This highly scalable distribution model requires no internal hardware and minimal IT support, significantly reducing total cost of ownership.

Our Illustration Solutions Provide Flexiblity

  • Easy sharing and simultaneous viewing of policy information
  • Easy-to-administer security modes and access to policies
  • Exceptional flexibility in benefit plan and finance vehicle design

When combined with our administration solution, additional benefits include:

  • Elimination of carrier/service provider data coordination and discrepancies between illustrated values and policy values
  • “Day 1” availability of policy values and in-force projections
  • Instant access to policy values, with values projected “as of” and with “knowledge as of”

Why Should You Use Our Illustration Solutions?

Flexible, fast and powerful, our web-based Illustration solution features a number of unique advantages for your brokers, distributors and carriers.

  • Asset-to-Liability matching
  • Easily adjust “carrier specific” product parameters for competitive situations
  • Elimination of carrier/service provider data coordination
  • Elimination of discrepancies between illustration and policy values
  • Fewer players in product development cycle
  • Improved accuracy in what is being illustrated can actually be administered
  • In-force projections available for new products on Day 1
  • Low cost conversion of in-force cases
  • Policy values available online
  • Rapid and easy distribution of new products
  • Rapid and easy distribution of product changes
  • Reduced product costs
  • Superior customer service
  • Complicated sales techniques easily administered
  • Easy sharing and simultaneous viewing of policy data
  • Elimination of carrier/service provider data coordination
  • Elimination of discrepancies between illustration and policy values
  • Exceptional flexibility in benefit plan and finance vehicle design
  • Full integration of benefits (liability) with policies (assets) – Asset / Liability Match
  • Importing of on-going benefit data and add-ons
  • In-force projections available for new products on Day 1
  • Instant access to policy values with values projected “as of” and with “knowledge as of”
  • Sensitivity analysis without recalculation
  • Single entry of benefit and policy data
  • Superior client service
  • Technological infrastructure for total case management

Learn more about life insurance illustration software solutions by contacting us today!

 
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