Nationwide Financial Develops Web-based System to Streamline
Selling Process
Financial services leader uses NaviSys Front Office(TM) to
streamline new business process for its 15,000+ producers
Laptop Battery EDISON, N.J.--(BUSINESS WIRE)--July 21, 2004-- Nationwide(R) is
enabling its life agents and distributors to streamline business
processes by using Front Office(TM), a Web-based system from
NaviSys Inc., the market leader in front-to-back-office solutions.
The system enables Nationwide's distributors and agents -- more
than 15,000 producers -- to use the Web-based tools to propose
universal life, variable universal life, term and whole life
products to their clients. Nationwide is upgrading its illustration
system and will begin using the new system by early fall.
Nationwide will also implement in 2005 another component of the
NaviSys Front Office(TM) suite, a Web-based electronic application
that uses reflexive questioning to capture the information required
for underwriting and policy issue. The application automatically
accepts data from the illustration system, so representatives will
need to enter customer data only once.
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Thinkpad "The Web-based illustration system fits with our overall
corporate strategy of providing producers access to the tools they
need to make it easier to do business with Nationwide," said Peter
Golato, senior vice president of Individual Protection at
Nationwide. "Producers will have the option of running
illustrations on their desktop or using the Web-based system. In
addition, by combining the electronic application with the
illustration component, Nationwide's producers will find it faster
and easier to propose and submit new business."
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Microsoft John Gorman, executive vice president, NaviSys, said, "We are
impressed with Nationwide's clear vision and willingness to
innovate to streamline new business processing. We are proud to
continue our long-standing relationship with a market leader such
as Nationwide."
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Laptop Computers About Nationwide Financial(R)
-- IBM is a global leader in the creation, development and manufacture of cutting edge computer systems.
- Microsoft
Laptop Computer Nationwide Financial Services (NYSE:NFS), a publicly traded
company based in Columbus, Ohio, is a leading provider of
investments,(1) life insurance, and retirement income services, as
well as public- and private-sector retirement plans and
services.
The manufacturer has not yet provided the relev... .. 4247 £30.03 1 IBM print server IBM print server As a global leader in the PC market, IBM develops, edge, reliabl... .. 4247 £539.92 1.
Desktop Computer The Nationwide group of companies offers diversified insurance
and financial services. The group is led by Nationwide Mutual
Insurance Company, which is ranked No. 118 on the Fortune 500 based
on 2003 revenue.(2) For more information, visit
www.nationwide.com.
Notebooks About NaviSys
Lenovo Leading life insurers rely on NaviSys to streamline, simplify
and transform their businesses. From front-line sales to
back-office administration, NaviSys delivers advanced technology
solutions that improve life insurers' operations, reduce IT costs
and sharpen their competitive edge. NaviSys provides the talent,
vision and commitment to help insurers' businesses to succeed.
Hard Drive NaviSys' platform-neutral software solutions and strategic
counsel empower life insurance carriers and distributors to create,
distribute and administer insurance products through multiple
channels. Seventy-five percent of the largest domestic life and
health insurers and over ninety percent of the top annuity
providers are NaviSys clients. Companies such as AIG/American
General, Guardian Life, Prudential, AIG/SunAmerica, TIAA-CREF and
Western Southern rely on NaviSys' pre-built and customized
solutions. NaviSys has offices in Edison, New Jersey and Ambler,
Pennsylvania. www.navisys.com
Travelstar All copyrights and trademarks are registered and protected by
their respective manufacturers.
Gateway (1) Nationwide Investment Services Corporation, member NASD. In
MI only: Nationwide Investment Svcs. Corporation.
Laptop Parts (2) Fortune Magazine, April 2004
Software Contacts
Hard Drives
NaviSys
Gail Nelson, 800-775-3592 or 732-767-3601
gnelson@navisys.com
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