illustrate Inc And Foresters Announce Release Of Foresters Mobile Quotes
TORONTO, ON April 27, 2011–illustrate inc, a leading developer of point-of-sale technology solutions for the North American life insurance industry, and ForestersTM, a life insurance provider committed to the well-being of families, have partnered to create Foresters Mobile Quotes, a new mobile application for use with selected Term and Whole Life products.
Designed to run on any web-enabled smartphone, Foresters Mobile Quotes allows agents to quickly and easily run life insurance quotes on their smartphone, making it an ideal tool to use in one-on-one meetings with clients.
"We live in a very mobile and often fast-paced society," said Larry Noyes, Vice President of Sales and Marketing, U.S. Division with Foresters. "As agents increasingly rely on their mobile devices Foresters wanted to provide ours with the convenience of mobile quotes"
Agents simply enter their client's age, gender, smoker class, and desired amount of life insurance, and Foresters Mobile Quotes instantly calculates the monthly and annual premiums. The app also provides a choice of solutions to consider and allows the results to be emailed instantly to the client. Alternatively, the app can solve for how much life insurance could be purchased given a client’s desired monthly premium.
Foresters Mobile Quotes provides results for LifeFirstTM, a level term insurance product with a suite of feature-rich riders, and PlanRightTM, a series of whole life insurance products designed to help families pay final expenses.
Foresters Mobile Quotes will run on many smartphone devices.
Lorne Brown, President, illustrate inc said, "Given the exponential growth in mobile devices these days, applications like Foresters Mobile Quotes represent an exciting opportunity for us. We're thrilled to be able to launch this new application with Foresters using our OPUS Mobile platform."
About illustrate inc
illustrate inc is a privately held company with significant expertise in illustration and point-of-sale systems used in the insurance and financial services sectors. illustrate inc has grown steadily over the past 20 years as a result of its hard focus on addressing industry need for efficiency, effectiveness and speed to market. With clients in Canada and abroad, illustrate inc continues to evolve to anticipate and meet the changing needs of the insurance and financial services industries. For more information, please visit
www.opusmakethesale.com.
About Foresters
Founded in 1874 as a fraternal benefit society, Foresters
TM champions the well-being of families through quality life insurance, unique member benefits and inspiring community activities. Foresters has assets of over $6.3 billion with liabilities of $4.9 billion resulting in a surplus of $1.4 billion (all figures in Canadian dollars as of December 31, 2010) and maintains an "A" (Excellent) rating by A.M. Best*. Foresters shares its financial strength with more than 835,000 members in Canada, the United States and the United Kingdom. Foresters Equity Services, Inc.†, a wholly owned subsidiary of Foresters, offers investment products in the U.S. Unity Life of Canada‡, a wholly owned subsidiary of Foresters, represents Foresters in Canada. For more information, please visit Founded in 1874 as a fraternal benefit society, ForestersTM champions the well-being of families through quality life insurance, unique member benefits and inspiring community activities. Foresters has assets of over $6.3 billion with liabilities of $4.9 billion resulting in a surplus of $1.4 billion (all figures in Canadian dollars as of December 31, 2010) and maintains an "A" (Excellent) rating by A.M. Best*. Foresters shares its financial strength with more than 835,000 members in Canada, the United States and the United Kingdom. Foresters Equity Services, Inc.†, a wholly owned subsidiary of Foresters, offers investment products in the U.S. Unity Life of Canada‡, a wholly owned subsidiary of Foresters, represents Foresters in Canada. For more information, please visit
foresters.com.
*An "A" (Excellent) rating is assigned to companies that have a strong ability to meet their ongoing obligations to policyholders and have, on balance, excellent balance sheet strength, operating performance and business profile when compared to the standards established by A.M. Best Company. In assigning Foresters rating, A.M. Best stated that Foresters rating outlook is "stable", which means it is unlikely to change in the near future, assuming Foresters financial strength is maintained and operations grow. A.M. Best assigns ratings from A++ to F, A++ being superior ratings and A and A- being excellent ratings.
† Investments offered through Foresters Equity Services, Inc. Member FINRA, SIPC, 6640 Lusk Blvd., Suite A-202, San Diego, CA 92121 T. 858 550 4844.
‡ Unity Life of Canada, a Foresters company, is a wholly owned subsidiary of The Independent Order of Foresters.
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Last Modified: Jun. 07, 2011.
407375 CAN/US (04/11)