Our journey started with a simple goal, to transform the insurance and financial industry through powerful sales and regulatory automation solutions that empower financial professionals and advisors to better serve their customers.
For 25 years, our guiding principle has not wavered: be a dependable partner to our clients, make the complex simple, and develop best-in-class sales solutions.
We are happy to celebrate 25 years of designing, developing, and delivering software solutions and services that have helped the industry evolve insurance sales processes and experiences. We've grown from just a handful of employees developing life insurance illustration software to over 250 employees developing digital sales automation solutions that support the end-to-end sales process across all lines of insurance and retirement products. We look forward to the next 25 years and the developments ahead.
Insurance Technology Partners first started developing illustration engines and providing consulting services for COLI administration system and internal business systems.
In 1996, development of the ForeSight Illustration System begins to provide the industry with a robust, customized illustration system.
Focused on developing powerful sales and regulatory automation solutions, Insurance Technology Partners changes its name to Insurance Technologies, Inc. to align with our business goals and commitment. Insurance Technologies, Inc. later becomes Insurance Technologies, LLC in 2005.
ForeSight Illustration desktop system is introduced to the industry delivering comprehensive sales illustration and inforce reprojection capabilities. The first ForeSight client goes live in 1998, illustrating Variable Universal Life products.
In October of 1998, Insurance Technologies also moves into its new home office in downtown Colorado Springs, which remains the home-office location today.
Insurance Technologies hosts its first client conference at The Broadmoor Hotel in Colorado Springs, bringing together clients for strategic discussions on product and industry directions.
ForeSight Illustration web was developed in 2000 and is implemented with its first client in 2001.
ForeSight goes international in 2001, first in Canada and then expanding into other countries, including South Korea, Mexico, Chile, India, Taiwan, Brazil, and more.
Insurance Technologies clients continue to expand the use of ForeSight to support their multiple lines of business, including Life, Annuity, LTC, DI, CI.
Insurance Technologies announces ForeSight Mobile, the industry’s first point-of-sale illustration solution to provide full functionality on-line and off-line. ForeSight can be deployed to the web, desktop, and mobile, using a single code base.
In 2004 Insurance Technologies also goes Gold by becoming a Microsoft Gold Partner.
Palm Beach Capital invests in Insurance Technologies to further expand and enhance its product offering and position within the industry.
Insurance Technologies participates in the Microsoft Insurance Value Chain (IVC) program and IVC labs showcase, providing support for the development and delivery of straight-through processing capabilities to the insurance industry.
The design and development of FireLight e-Application and business fulfillment solution begins.
FireLight e-Application solution is introduced to the industry in July 2010, providing the industry its first intelligent e-application solution to support in-good-order business processing for all lines of business.
Insurance Technologies also welcomes FLEX, the Insurance Technologies Wellness Program mascot. Insurance Technologies launches its company Wellness Program to promote the benefits of health and financial wellness to its employees.
Our home office receives a make-over, from a full network infrastructure expansion and upgrade, new communication walls in conference rooms, upgraded outdoor patio, and more, giving employees a refreshed work environment. In 2014 Insurance Technologies expands its office space into the adjacent building. A rooftop bridge is installed, connecting the offices to maintain a cohesive work environment.
ForeSight provides the industry tablet-friendly sales illustration capabilities, addressing the increasing need for mobility and simplified ways for producers to run and display illustrations.
Insurance Technologies develops disconnected functionality in FireLight, allowing advisors to capture in-good-order business and collect e-signatures when an Internet connection is not available.
Moelis Capital Partners LLC, a middle-market private equity firm, invests in Insurance Technologies and David Fenimore is promoted to Chief Executive Officer of Insurance Technologies.
Insurance Technologies announces the expansion of FireLight e-Application solution into an end-to-end digital sales platform, enabling carriers and distributors to reshape how they engage prospects and policyholders across the entire sales lifecycle, enhancing the sales experience for advisors and consumers.
To align with the company’s new product and strategic direction, we give our brand a make-over. Insurance Technologies says goodbye to its long-time logo and releases a new brand look. Though our logos undergo a significant transformation, our existing expectations and commitment to providing best-in-class sales automation solutions and service to the insurance and financial services industries remains.
To further support our clients’ needs to digitally process business where the sale happens and to expand into new sales channels, Insurance Technologies develops FireLight Embedded, allowing clients to leverage FireLight Sales Platform features and sales activities in third party systems.
The latest release of ForeSight is equipped with added illustration features, including compare and composite illustration capabilities, further supporting the way agents sell insurance and support their clients.
Thomas H. Lee Partners (THL), a premier private equity firm investing in growth companies, acquires Insurance Technologies. The partnership with THL unlocks new strategic, operational, and product development growth opportunities enabling us to continue to develop and deliver industry-leading digital sales automation solutions with the highest level of service.