October 24, 2006
Colorado Springs, CO
COLORADO SPRINGS, Colo., October 24, 2006 – Insurance Technologies LLC, a premier provider of point-of-sale insurance marketing software for the financial services and brokerage industries, announces that Massachusetts Mutual Life Insurance Company (MassMutual) has selected Insurance Technologies ForeSight™ to illustrate a range of annuity products. MassMutual joins dozens of other companies using ForeSight.
ForeSight will enable financial professionals to illustrate the features and benefits of proprietary deferred and immediate annuity products issued by MassMutual. In addition to providing professional, Compliance-approved sales illustrations, the Internet-based Insurance Technologies’ ForeSight platform will also include modules for presentations and asset allocation.
“Insurance Technologies’ ForeSight is a convenient educational tool that will be mutually beneficial to producers and consumers,” said Will Luckert, head of annuity sales operations, MassMutual. “ForeSight enables us to offer a comprehensive and flexible online resource to illustrate our growing selection of annuity products.”
“We’re very pleased with MassMutual’s confidence in ForeSight Mobility,” said Paul Skordilis, executive vice president, worldwide sales and marketing, Insurance Technologies LLC. “Together, we’ll help producers who are helping consumers to prepare for retirement.”
About MassMutual Financial Group
MassMutual Financial Group is the fleet name for Massachusetts Mutual Life Insurance Company (MassMutual) and its affiliates, with more than 13 million clients and over $395 billion in assets under management at year-end 2005.
Founded in 1851, MassMutual is a mutually owned financial protection, accumulation and income management company headquartered in Springfield, Mass. MassMutual’s major affiliates include: OppenheimerFunds, Inc.; Babson Capital Management LLC; Baring Asset Management Limited; Cornerstone Real Estate Advisers LLC; MassMutual International LLC and MML Investors Services, Inc. MassMutual is on the Internet at www.massmutual.com.
About Insurance Technologies
Based in Colorado Springs, Colorado, Insurance Technologies LLC offers point-of-sale illustration software to the insurance and financial services industries. Insurance Technologies award-winning product, ForeSight, supports all product types, including Life, Health, Annuities, Mutual funds, Critical Illness, DI, and LTC – all on a single mobile platform.