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Rating:Allstate Links to AnnuityNet Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, July 17, 2002

Allstate Links to AnnuityNet

by: Lisa Pearly

Allstate has executed an agreement with AnnuityNet to be a preferred vendor of annuity order-entry technology for Allstate's financial services network of selected distribution partners. Allstate plans to use AnnuityNet's technology with some of its distribution partners.

Allstate's sales partners will use AnnuityNet's intelligent wizard to guide reps through the application process and automatically check for accuracy. This helps avoid delays later in the process or having to repeat processing steps because of incomplete information, said the insurer.

The system provides current forms, requests only information necessary for that particular order, and checks to ensure that all required information is completed before processing. Other key advantages of the platform are compliance checks and straight-through paperless processing that delivers the application directly to Allstate's policy administration system. 

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