EVANSTON, Ill. -- Beacon Research announced today that it has been selected to provide a customized front-end application for BISYS' producer Web site. The application will enable BISYS-affiliated agents and brokers to easily and quickly select the most appropriate fixed annuities for their clients.
Under terms of the agreement, Beacon also will supply and maintain information on all fixed annuity products marketed by BISYS. The Beacon Research AnnuityNexus database features carrier-approved, institutional quality information unique in its accuracy, completeness and timeliness.
"This enhancement to our Web site is part of our ongoing initiative to provide producers with the best insurance products and support in the industry," said Dale Humphrey, marketing business leader at BISYS Insurance Services. "Beacon Research is the insurance industry's leading source of fixed annuity data. Its Web-based software tools are powerful and easy to use. We look forward to simplifying the fixed annuity selection process for our producers and dramatically reducing that number of submitted applications that are not in good order."
Humphrey also expects a bottom-line impact. Sales should increase as producers primarily focused on life insurance take advantage of the new fixed annuity front-end, while data maintenance costs decline.
"As the industry's largest independent distributor of life insurance products, BISYS Insurance Services is committed to supporting agents and brokers with the distribution resources they need to be successful," said Jeremy Alexander, president of Beacon Research. "We are very proud to be part of fulfilling this commitment."
Source: Beacon Research
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