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Beacon supports the annuity
distribution process from a product’s initial development to
its sale. If an organization is serious about fixed annuities,
there’s a good chance it depends on us for market intelligence
and sales support.
- America’s leading carriers rely on Beacon’s market
intelligence for sales support, rate setting, product
development and competition research. Our data and tools are
used to enhance websites and illustration/proposal systems
for producers. In partnership with a leading actuarial
consulting firm, we will soon enable insurers to estimate
the market share of their fixed and immediate annuity
products.
- Distributors turn to Beacon information to select
product line offerings and provide product information to
producers, minimizing staff time devoted to data maintenance
and answering questions from the field. Beacon’s
sophisticated technology simplifies the producer’s selection
of the most appropriate products for clients and provides
the necessary documentation of due diligence.
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Market
Intelligence | |
Beacon Research has the
information you need to take advantage of today’s increased
demand for fixed annuities.
- Our web site’s Market
Intelligence Module gives you responsive information for
product development, pricing, or distributors’ product line
selections.
- Beacon soon will publish monthly sales reports, enabling
carriers to estimate their fixed products’ market share by
product type and distribution channel.
- Beacon is developing the industry’s first
premium-weighted interest rate benchmarks, enabling the
inclusion of fixed annuities as an investment class for
purposes of macro-level financial modeling, model
portfolios, and improved standards for rate-setting by
carriers.
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Sales
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Beacon helps carriers and
distributors support each step of a producer’s fixed annuity
sales process. Our on-line marketing data is easy to
understand and available whenever needed by producers and
sales support personnel.
- We enhance distributors’ producer websites with
standardized product information. Because Beacon handles
data collection and maintenance, our clients save time and
money and gain peace of mind.
- Beacon’s self-explanatory walk-throughs enable even
inexperienced reps to select the best products for their
clients, minimizing the need for assistance. Search criteria
and results are captured on-line, providing valuable
evidence of due diligence.
- Beacon develops or enhances illustration/proposal
systems. Our information also integrates with financial
planning software. Including Beacon product profiles with
proposals and applications supports the sale with credible
third-party information.
- Carriers and distributors help reps compete for new or
retention business with the on-line Annuity
Nexus Sales Support Module, providing immediate answers
about competing products.
- Beacon data supports accuracy checks in case
tracking/transaction processing systems, accelerating the
sale by minimizing error-related delays.
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