AFFIRM® for Annuities is a dynamic compliance and order management system designed as the ultimate annuity platform for managing a broad range of annuity transactions. It supports annuity order entry, book of business management, and in-force transactions such as withdrawals, systematic withdrawals, fund transfers, and rebalancing. The platform features a flexible architecture that ensures confident compliance with annuity management and easily accommodates rules, forms, and transmission changes to quickly react to changing regulatory requirements. Low-code/no-code capabilities enable self-service without software changes, improving the management of annuity life insurance products, questions, rules, and forms. It fully supports Product Profile for Annuities (PPfAs) and DTCC file formats, showcasing its annuity software capabilities. The user-friendly interface supports both fixed and variable products, asset allocation, and multiple order funding methods, adhering to industry standards. AFFIRM for Annuities streamlines and automates the annuity sales process, offering self-service capabilities for managing products, questions, rules, forms mapping, and forms generation changes. It also features full reporting and audit tracking through InsureSight® integration and seamless communication between systems through full connectivity.

Features:

• Flexible Architecture Our flexible architecture ensures confident compliance with annuity management, and easily accommodates rules, forms, and transmission changes to quickly react to changing regulatory requirements.
• Low-Code/No-Code Low-code/no-code enables self-service capabilities without software changes to better manage your annuity life insurance products, questions and rules, and forms.
• Product Profile for Annuities (PPfAs) Support Fully supports Product Profile for Annuities (PPfAs), DTCC file formats such as attachment, commission, financial activity, in force web transactions for book of business, showcasing our annuity software capabilities.
• User-Friendly Interface User-friendly interface for both fixed and variable products, supporting asset allocation and multiple order funding methods (compliance workflow and self-service capability and our adoption of industries standards).
• Streamlining & Automation Streamlines and automates the annuity sales process, highlighting the efficiency of our annuity software.
• Self-Service Capabilities Self-service capabilities on managing products, questions and rules, forms mapping, and forms generation changes, enhancing annuity management.
• InsureSight® Integration Full reporting and audit tracking featuring standard reporting and data analytics through InsureSight®
• System Integrations Full connectivity enables seamless communication between the systems, facilitating efficient insurance illustration workflows.