CalcFocus signs a Carrier Contract to provide New Business and Inforce Illustration Services

Philadelphia, PA, October 11, 2022 – CalcFocus announces a new contract to implement its cloud-hosted Forecast illustration application for a new carrier’s innovative variable universal life product introduction.

Processing is guided by carrier’s self-service sales and administration services portals whose application services interact with CalcFocus’ illustration web applications.

The platform includes new business and inforce illustrations.The platform includes new business and inforce illustrations.

“The carrier’s variable universal life product design meets multiple market needs and has a very interesting charge structure,” says Bob Oakes, Chief Customer Officer, “CalcFocus is pleased to provide illustration support for this new carrier’s first product.”

CalcFocus was founded in 2013 by a group of insurance technology veterans in response to seismic changes in the life and annuity industry landscape. CalcFocus Forecast Illustration and Achieve Administration products are cloud-hosted web services to augment or replace selected legacy illustration and policy administration functionality; and CalcFocus services may be orchestrated to become a comprehensive enterprise policy administration and illustration platform. The CalcFocus platform was designed with a pragmatic approach to configurability and a dogmatic approach to quality. Learn more at www.calcfocus.com.