EVANSTON, Ill., July 22, 2005 (PRIMEZONE) -- Beacon Research announced today that it has added information to its AnnuityNexus database on the fixed annuity products of Allianz Life Insurance Co. of North America (Allianz Life(r)), Old Mutual Financial Network (home to Fidelity and Guaranty Life Insurance Co.), Jackson National Life Insurance Co., and North American Company for Life and Health Insurance. The database features carrier-approved, institutional quality product profiles unique in their accuracy, comprehensiveness and timeliness. These carriers join the growing group of AnnuityNexus data partners.
"Through Beacon's web-based systems, these companies can distribute their product and rate information for publication on marketing organization websites," said Jeremy Alexander, president and CEO of Beacon Research. "This information also will be available for consideration when distributors use our systems to shop for product-line extensions."
"Allianz Life(r), Old Mutual Financial Network, Jackson National and North American are very significant fixed annuity carriers," said Stephanie Brandt, Beacon's director of research. "We've worked closely with all four to assure the accuracy and completeness of their product information and we're delighted to welcome them as data partners."
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 and AnnuityNet's annuity automation 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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