EVANSTON, Ill., Nov. 10, 2003 (PRIMEZONE) -- Beacon Research announced today that comprehensive profiles of Bankers Life fixed annuity products have been added to the AnnuityNexus database. The database features carrier-approved, institutional quality information unique in its accuracy, completeness and timeliness. Bankers Life joins the growing group of some 100 AnnuityNexus data partners.
"We are especially pleased to include information on these quality products distributed through the career agent channel," said Stephanie Brandt, director of research at Beacon. "Such information is rarely available elsewhere. Bankers Life is a very important fixed annuity company. They've worked closely with us to assure the accuracy and completeness of their product information and we're delighted to welcome them as data partners."
"Now that their fixed annuities are profiled in our database, Bankers Life and will be able to use our Web-based systems to analyze their products in relation to others," added Judith Alexander, Beacon's director of sales and marketing. "We're glad to be able to enhance our service to them."
About Bankers Life
Established in 1879, Chicago-based Bankers Life and Casualty Company is one of the country's largest and most respected insurers focused on the needs of senior Americans. Besides annuities, Bankers offers a broad portfolio of insurance products including life, long-term care and Medicare supplement insurance. Bankers is served by a career agent force of 3500 agents in 150 branches throughout 49 states and the District of Columbia.
About Beacon Research
Beacon Research is an independent research organization founded in 1997. It compiles market intelligence on fixed annuity products for subscribers to its web-based systems at www.annuitynexus.com. Carriers access these systems to support product development, rate setting and competition research. Distributors use them for product analysis and selection. The new AnnuityNexus Sales Support System is an important resource for retention teams and sales desk staff throughout the distribution chain. Beacon's new Fixed Annuity Premium Study is the first to track these sales at the product level, with analysis by Milliman USA. Beacon also licenses information and software tools to other platforms, including websites for sales representatives, AnnuityNet's annuity automation platform, and LifeLink Corporation's insurance sales platform. Beacon's fixed annuity benchmark series -- the industry's first - is available through Ibbotson Associates. Directly and through strategic alliances, Beacon information can be accessed by hundreds of financial institutions and distributors.
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