Firm Adds Annuity Web Order%2DEntry Tool

November 28, 2005 at 07:00 PM
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Finetre Corp. has released the AnnuityGateway Solution system.[@@]

The system gives annuity issuers the ability to offer distributors access to a Web-based annuity order-entry tool.

The AnnuityGateway ties into an insurer's agent Web portal system, according to Finetre, Herndon, Va.

The order-entry system can help with tasks such as filling out forms and handling compliance, and it includes an electronic cash transfer feature that can process payment orders the same day the payment orders are received.

Transamerica Life Insurance Company, Cedar Rapids, Iowa, a unit of AEGON N.V., The Hague, Netherlands, has set up a version of the system under the name "TransExpress," Finetre says.

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