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!
