Global research firm Celent conducted a comprehensive review of 10 illustration systems in use by or being marketed for North American life, health, and annuities products.
Report highlights include:
- Market overview and business drivers.
- Detailed review, key technical specifications and feedback from reference clients.
- Technology and breadth of functionality that positioned Equisoft at the top of the quadrant.
This research presents an overview of key illustration system trends, including mobile-responsive design, API integration, SaaS deployment models, and regulatory compliance with NAIC guidelines. It explains how illustration systems are improving advisor efficiency through real-time calculations, advanced sales concepts, and omnichannel support.
What You’ll Learn from the Report #
- ABCD Vendor View & XCelent Awards: Celent's framework for ranking vendors across Advanced Technology, Breadth of Functionality, Customer Base, and Depth of Client Services.
- Vendor Profiles & Market Analysis: Detailed profiles of ten leading illustration systems, including Equisoft/Illustrate, highlighting strengths, functionalities, and client feedback.
- Integration and API Capabilities: Learn how top solutions connect with policy administration systems (PAS), e-Applications, CRM tools, and external data services.
- Illustration Compliance Requirements: Overview of the NAIC Life Insurance Illustration Model Regulation and its impact on illustration outputs.
- Key Considerations for CIOs: Questions insurers must answer before selecting a new illustration system, focusing on development involvement, digital sales strategies, and distribution needs.
Why Download This Report? #
If you are responsible for selecting or modernizing your organization’s illustration systems, this report offers a practical guide. It helps technology and business leaders align their digital sales tools with strategic goals, improve producer efficiency, and enhance the customer experience.
Gain a clear understanding of where vendors stand in the market, and how solutions like Equisoft/illustrate are evolving to meet the demands of a connected, mobile-first distribution ecosystem.
