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Insurance Technologies LLC, a provider of sales illustration and point-of-sale software for the insurance industry, has announced additions to the latest version of its product ForeSight.

Version 5.0 provides agents with improved selling power for life insurance products, according to Insurance Technologies, through enhanced financial planning and advanced sales concepts. The new release incorporates:

  • DataSight, which allows carriers to change product rates, product state approvals, import marketing material and forms, maintain user permissions, upload product rate files, and clone products.
  • Sales concept storyboard presentations.
  • Product comparisons (within and across product types).
  • Electronic applications/fillable forms (with integration with underwriting and new business systems).

“Insurance Technologies’ business strategy with ForeSight always has been to provide the premier illustration solution to simplify and aid in the education and selling of complex insurance products, provide customers with a one-stop platform for all line-of-business selling, and to be progressively built on a technology platform that would continue to integrate easily with other front- and back-office systems to accelerate contract issuance,” says David Fenimore, executive vice president and CIO for Insurance Technologies.

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