Technology: Absent in a Progressive Annuity World

In a world of high-tech devices and instant data access, I am simply amazed by the lack of technology available in today’s insurance industry. It seems the industry has focused only on the technology that they were required to develop. In the 1980s, the life insurance industry was forced to come up with new illustration standards for their insurance proposals. Despite the increased quality of the proposals — and despite the technology being readily available — very few companies have leveraged these developments over to the annuity side of the business.

Technology: Absent in a Progressive Annuity World
Source: Producer's Web