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  5. EMEA Illustration Systems 2014: ABCD Vendor View

EMEA Illustration Systems 2014: ABCD Vendor View

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18 March 2014
Nicolas Michellod
Jamie Macgregor

Abstract

Life insurance sales are driven by technology, even though face-to-face sales are still demanded. Producers expect life policy illustrations to provide them and consumers with ease of use, strong visual impacts, and up-to-date and accurate product information to help make the sale.

In the report EMEA Illustration Systems 2014: ABCD Vendor View, Celent looks at illustration systems available to life insurers in Europe, the Middle East, and Africa (EMEA). The following IT vendors and systems are profiled in this report.

“Illustration systems can vary greatly in scope and complexity,” says Nicolas Michellod, Senior Analyst with Celent’s Insurance Group and coauthor of the report.

“Increasingly, these systems are fully integrated with other point-of-sale tools like needs analysis, contact management, e-applications, and new business systems.” adds Jamie Macgregor, Senior Vice President of Celent’s Insurance Group and coauthor of the report.

Celent profiles 18 illustration systems in EMEA, with eight full profiles and ten limited profiles, using its ABCD Vendor View, which is a standard representation of a vendor marketplace designed to show at a glance the relative positions of each vendor in four categories: Advanced technology, Breadth of functionality, Customer base, and Depth of client services. This 82-page report contains 62 tables.

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