IT provider Focus Solutions has teamed up with EDS Solcorp to launch a solution for insurers to manage demand for annuity products.
The company says demand for annuity products has increased following A-Day, partly as the result of financial decisions being put off until the first day the new regime came into force – 6 April 2006. The extranet-based solution works with EDS Solcorp’s ProductXpress product calculation engine to increase automation of the annuity quotation and application process, cutting the time required to return answers to intermediaries and their clients. Darren Bayley, propositions manager at Focus Solutions said: “It is imperative that annuity organisations provide a high level of customer ser...
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