AXA Assurances is the latest insurance carrier to replace their
current Illustration System with the easier-to-use, feature-rich
Novinsoft Illustration System Framework.
Version 1 of the AXA Illustration Software was released to the
field in June. It includes all of their Universal Life, Critical Illness,
Traditional Life, and Mortgage Insurance products. It also comes with a bevy
of Needs Analysis, Financial Calculator, Investor Profiler, Premium
Comparison, and other sales tools.
AIG Life of Canada released Version 10.0 of the WAVE
Illustration System. This is the second major release this year for AIG.
- The Immediate Leveraging sales concept was added for
Universal Life products.
- A new 20 Pay Life has been added to Term products.
- T10 / T20 riders were added to the Permanent Plans
- Third party riders have been added to the Permanent Plans
Plus other additions
Foresters upgraded their Universal Life and Term Illustration
System to our latest environment. D oing
this allows them to take advantage of the latest Windows features and makes
on-going maintenance that much easier.
Foresters also added the Premier Term 20 product to their available
plans.
 Last,
but not least of our insurance carrier releases this quarter, Union Vie
Assurances now has a bi-lingual Universal Life Illustration System. The
latest version now includes English.
Also new and improved from Novinsoft is our MS .NET architecture and
tools for web-based software applications. We will be demonstrating this
latest environment at our Annual Client Meeting on September 17.
Contact us for further information.
As well, check out the press releases regarding the integration of the
Novinsoft Insurance Portal with the Plan Plus Web-Advisor, and
the Celent Group Report on Illustration System vendors.
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April/May/June
2004