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This quarter of 2002 included a couple of major releases for
Novinsoft client companies.
- Scotia Life International released their brand new ScotiaMint
System in Trinidad and Tobago.
 ScotiaMint
is a highly parameterized Illustration System with Administration
capabilities. The parameterization will mean much quicker and easier releases
to other countries in the Caribbean. The System includes Needs Analysis,
Illustration of UL and Annuity products, on-line completion of application,
payment, and beneficiary forms. Daily Sales reporting, a Client Database,
batch processing of updates to the Ingenium Administration, and other
functions.
-
 AIG
Life rolled out Version 7.0 of their Wave Illustration System.
This release included major improvements to AIG’s Term, Whole Life and
Critical Illness product features and Illustration functionality.
AIG also added a Critical Illness Rider, new Fund choices, and other
improvements to their Universal Life products.
-
 IOF
Foresters made a number of branding changes to their UL and Term
Illustration Systems.
- The Novinsoft Annual Client Meeting was held September 13 in
Lorraine, Quebec.
This gave us the opportunity to demonstrate our latest web-based UL
Illustration System, Needs Analysis products, and Calculators. All of these
products are now available on a subscription basis accessed from our Servers,
or can be loaded onto your Servers.
The Novinsoft Portal, currently under development, was also introduced.
Clive Robertson of Scotia International presented on the ScotiaMint
project.
Robin Ingle of Ingle Insurance showed how sales of insurance
products on the Internet can work.
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July/August/September
2002