April 23, 2012
Colorado Springs, CO
COLORADO SPRINGS, CO, April 23, 2012 – Insurance Technologies, LLC, a provider of sales automation solutions for the financial services industry, announced today its receipt of the IRI (Insured Retirement Institute) E-Signature Certification for e-signature processing on the FireLight® platform. Insurance Technologies is the first order entry vendor to receive IRI E-Signature Certification, providing the industry a comprehensive electronic application and fulfillment solution with built-in e-signature that provides agents a trusted and flexible workflow to present and capture e-signature thru multiple options, including capturing the signature directly on tablet devices.
The IRI E-Signature Certification is designed to ensure vendors are fully compliant with current e-signature industry standards and it defines a more rigorous industry-focused set of STP standards. As a provider of electronic business processing with built-in SPeRS, ESIGN and UETA e-signature compliance, Insurance Technologies understands the significance of receiving IRI review and certification.
Insurance Technologies e-signature functionality in the FireLight platform is included without an additional software license, providing the most cost effective and versatile business process in the market today. By aligning with IRI industry e-signature and STP standards, along with industry data standards like ACORD, Insurance Technologies is able to provide a point-of-sale solution with high levels of integrity while driving unparalleled end user adoption. FireLight e-signature capabilities offer multiple signing approaches including both in-person and remote signing methods to meet diverse business processes. To ensure document and signature authenticity, FireLight certifies documents with PKI-based signature signing providing customers a secure platform for processing business.
"We applaud Insurance Technologies for their commitment to this process that was established to ensure that platforms meet rigorous industry standards," said IRI President and CEO Cathy Weatherford. "IRI E-Signature Certification demonstrates IRI's commitment to bring together industry leaders to create efficiencies that better the institutions that offer insured retirement strategies and the consumers that rely on those strategies for lifetime income during retirement. The certification provides an independent validation that allows for consistency across the industry. Through the certification, IRI is able to share best practices with members and certified providers, while assuring that standards are current to keep pace with innovative technologies."
"Our FireLight platform presents a fresh and unique approach to order entry, which eases the rollout and adoption by the field force with significant cost savings along with a cost effective partner relationship," said Jim Ferrell, VP FireLight Evangelist, Insurance Technologies. "We have worked diligently with the IRI staff to achieve this certification and are proud to have achieved this industry e-signature certification."
About Insurance Technologies (www.insurancetechnologies.com)
Based in Colorado, Insurance Technologies provides innovative sales automation solutions to the financial services industry, supplying Carriers, Broker Dealers, Bankers and Advisors the accurate sales tools allowing them more time to develop new sales opportunities. Our product suite manages the sales process across distribution channels thus providing Straight-Through Processing (STP) resulting in more in good order applications. ForeSight™ is a mobile point-of-sale platform that illustrates all business lines across diverse distribution channels. FireLight® is an electronic fulfillment platform that provides a low cost, flexible and easy to deploy solution for all product lines resulting in world class electronic application processing. With over 200 employees, Insurance Technologies is known for our best of class products, advanced technology, dependable delivery and highly regarded customer service.
About Insured Retirement Institute (www.irionline.org)
The Insured Retirement Institute (IRI) is a not-for-profit organization that for twenty years has been a mainstay of service, commitment and collaboration within the insured retirement industry. Today, IRI is considered to be the authoritative source of all things pertaining to annuities, insured retirement strategies and retirement planning. IRI proudly leads a national consumer education coalition of nearly twenty organizations and is the only association that represents the entire supply chain of insured retirement strategies: our members are the major insurers, asset managers, broker dealers and more than 150,000 financial professionals. IRI exists to vigorously promote consumer confidence in the value and viability of insured retirement strategies, bringing together the interests of the industry, financial advisors and consumers under one umbrella. IRI's mission is to: encourage industry adherence to highest ethical principles; promote better understanding of the insured retirement value proposition; develop and promote best practice standards to improve value delivery; and to advocate before public policy makers on critical issues affecting insured retirement strategies and the consumers that rely on their guarantees.