Insurance Technologies Partners with Fiduciary Exchange, LLC (FIDx) to Deliver Seamless Annuity Illustration and e-Application Capabilities in the Envestnet Insurance Exchange Platform

June 20, 2019
Colorado Springs, CO

COLORADO SPRINGS, CO, June 20, 2019 – Insurance Technologies, LLC, a provider of sales and regulatory automation solutions for the insurance and financial services industries, is pleased to announce its new partnership with Fiduciary Exchange, LLC (FIDx), a technology-empowered network that seamlessly integrates the brokerage, insurance and advisory ecosystems to deliver annuity illustration and e-application sales capabilities within the Envestnet Insurance Exchange Platform, a wealth management platform.

Together, the companies deliver a new and streamlined way for advisors to integrate annuities into their clients’ portfolios from their wealth management process, which had previously not been available. Leveraging the robust capabilities of ForeSight® Sales Illustration and the FireLight® Sales Platform with the FireLight Embedded API, carriers can leverage their existing solutions to offer a suite of annuities within the Envestnet platform. With this connection, advisors never have to leave the system they’re familiar with (Envestnet) to incorporate insurance solutions into a holistic wealth planning offering, while carriers spend less time managing multiple systems and more time conducting business.

“We are constantly looking at ways to provide better and more efficient offerings to the brokerage, insurance and advisory organizations utilizing our platform and technology services,” said Rich Romano, chief technology officer, FIDx. “This strategic partnership with Insurance Technologies is yet another step in meeting that goal. We are thrilled to be working so closely with their team and are dedicated to continuing to develop and expand our technology to meet the needs of advisors and insurance carriers alike.”

Advisors using Envestnet now have the opportunity to conduct needs analysis and provide real time annuity performance illustrations during client interactions;  and if the product meets the need and the client desires to move forward with the investment, the data collected during the analysis process is transferred directly to the e-Application for completion and e-Signature using the FireLight business rules and technology embedded directly within the Envestnet solution for a seamless end user experience. 

“This partnership encompasses new technology and expertise from both sides, bringing to market something that had never been done before. Carriers can now reuse the functionality of FireLight and ForeSight directly in the Envestnet platform, providing a continuous user experience. We’re excited to be the exclusive Illustration provider as well as a strategic e-App solution for FIDx, allowing our Carrier clients to cost-effectively offer their products on the Envestnet platform, and look forward to expanding our partnership offerings with FIDx in the future,” said Doug Massey, EVP of sales and relationship management, Insurance Technologies.

About Fiduciary Exchange, LLC (FIDx)
Fiduciary Exchange, LLC (FIDx) is a technology-empowered network that seamlessly integrates the brokerage, insurance and advisory ecosystems to offer best-in-class annuities and insurance solutions from the industry’s leading carriers. Motivated by its mission to expand the frontiers of the wealth management space and provide holistic solutions to address investors’ changing needs, FIDx enables advisors to offer guaranteed income and downside protection as core components of their clients’ portfolios—integrated within the same wealth management platforms they already use every day. An independent technology firm led by seasoned industry veterans and built from the ground up as an integrated platform, FIDx is providing a modern solution to bridge advisory firms to insurance carriers so advisors can truly deliver comprehensive advice, enabling their clients to achieve retirement security. For more information on FIDx, please visit

About Insurance Technologies
Insurance Technologies provides innovative sales and regulatory automation solutions to the insurance and financial services industries. Offering a suite of integrated sales solutions, from pre-sale functions to illustrations through e-application and e-delivery to post-sale services, Insurance Technologies provides carriers and distributors the sales capabilities and tools to create automated and cohesive sales experiences for their advisors and clients across all lines of insurance, retirement and investment products. The unique architecture and flexibility of its solutions deliver front and back-office configurability and usability to support multiple business strategies, encourage cross-channel growth and evolve with regulatory changes.

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