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 Press
release – December 12, 2003
Novinsoft Inc., a leading developer of Illustration Systems for the
Canadian life insurance industry is pleased to announce the completion of
their initial Illustration System release for Equitable Life of Canada
using the Novinsoft Illustration Framework. The Equitable Life
Savings and Retirement Products Illustration System was developed to
effectively illustrate the enhanced Personal Investment Portfolio,
Registered Retirement Income Fund, Life Income Fund, Interest Income Fund,
and Payout Annuity products. Incorporated into the design of this new system
were some “bells and whistles” including: multiple scenarios (up to 5 quotes
on one report), spreadsheet functionality, automatic interest and annuity
updates from the web, a loan calculator, and a “tree-structure” design for
easy access to marketing material.
Tami Dietrich, Equitable Life’s Manager, Marketing Services said “Working
with Novinsoft to design and develop a state of the art illustration system
to support our Individual Savings and Retirement Line of business has been a
truly rewarding experience. We are excited to be able to have an
illustration system that we feel supports the marketing needs of our
Managing General Agencies and their producers.”
Neil Menear, President of Novinsoft, said “We’re very happy with how the
Equitable Life Illustration System has turned out. With all the new features
Equitable Life has added, it’s a Cadillac system that we’re proud to be
associated with. We look forward to working with them on further new
development.”
About Equitable Life of Canada
Throughout it’s more than 80 years in operation Equitable Life has provided
generations of policyholders with sound financial protection. We remain
committed to delivering long-term value to our many clients as an
independent, mid-sized mutual Canadian life insurance company.
In the financial services industry of the new millennium, Equitable Life of
Canada provides a choice – a wise choice for our policyholders… now and from
many years to come!
Equitable Life offers our clients a wide selection of quality products to
meet their financial needs, including life insurance, annuities, critical
illness insurance, segregated funds and employee benefit plans.
About Novinsoft Inc.
Novinsoft, a Canadian company established in 1993, is the leading developer
of Individual Life Marketing and Product Illustration Systems for the
Canadian Insurance industry. Novinsoft supplies Wealth Management Systems,
Needs Analysis, and Sales Tools to a number of major Financial Services
companies to assist in the sale of financial and insurance products.
With their knowledge of the industry, and actuarial and programming
expertise, Novinsoft specializes in working with clients to custom design
and develop systems to client specific and unique requirements. For more
information, visit the company’s web site at
www.novinsoft.com.
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