New York – Insurers mired in the inherent complexities of new annuity products don’t have time to review whether it’s a technology or a business problem. They simply want to solve the problem quickly, and with deft precision.

But the fact remains that most annuity writers’ systems and processes are inadequate to keep pace with modern demands, notes Matthew Josefowicz, president of Novarica’s insurance practice in New York.

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