Annuity Market News articles from June 2007

Annuity Market News archives from June 2007

A Tipping Point for Annuity STP: Quest for Paperless Processing Accelerates.
June 1, 2007... The combined efforts of annuity issuers, distributors and technology vendors-channeled through their trade group, NAVA-may finally have brought the variable annuity industry to a tipping point in its quest for paperless processing. After...

SunGard Sees Opportunities in Annuities: High-Tech Giant Offers End-to-End' Processing Capability.
June 1, 2007... For years, insurance companies have cobbled together annuity processing systems with both homegrown technology and massive "back-end" administration solutions from long-standing vendors like IBM, Computer Sciences Corp. (CSC) and others. ...

The Handwriting is Off The Wall: Three Ways to Sign an Annuity Contract Without a Pen.
June 1, 2007... If the terms "public key infrastructure," "biometric handwriting," and "click-wrap" are still geek to you, they probably won't be unfamiliar for much longer. NAVA has designated these three electronic signature technologies as valid...

At Deadline.
June 1, 2007... Bankers Issue Report Card On Annuity Providers, With VAs Earning a B+ Variable annuity providers earned a B+ average and fixed annuity providers earned a B- in the "Bankers' Report Card" in the 2006 Study of Bank Brokerage & Retail...

People Moves.
June 1, 2007... Zargaj Becomes VP at John Hancock's New Unit John Hancock has hired Michael Zargaj as vice president, head of product and marketing, in its new division, John Hancock Retirement Income and Rollover Solutions. He reports to Senior Vice...

One Less Compliance Issue: Annuity Fund Transfers.
June 1, 2007... By John Ziambras, Managing Director and Insurance Services General Manager, Depository Trust & Clearing Corp. Once upon a time, compliance was a lower case "c" and lived in a small room somewhere in a company's legal department. All that...