
What is AFFIRM Advantage?
AFFIRM Advantage is a simplified version of AFFIRM designed specifically for smaller Banks and Broker/Dealers that offers you the same efficiency, consistency, suitability, compliance and supervision of your larger competitors in a package tailored just for you.
Carrier Maintained
AFFIRM Advantage is supported by nearly every major carrier who load, test, and maintain their products, forms, and rules in the system. As a distributor, you can be assured that the information is current, correct and up to date, and since everything is managed for you, you can focus on selling instead of maintaining Carrier information.
Compliant by Design
AFFIRM Advantage is built to manage compliance and suitability from the ground up. Because suitability monitoring is built into the system, you have a built in approval workflow, and the system is constantly monitoring against the product and suitability rules to ensure proper orders. You then review the system generated warnings and look for major compliance issues while AFFIRM validates all the little things.
Increase your Sales
AFFIRM Advantage is Web-based, so your advisors can log in from anywhere. Forms are completed correctly and accurately. The system is reflexive, asking just the questions you need for your order, and building the screens as you go, making the sales process easier and ensuring nearly 100% IGO (In-Good-Order). By making sales easier, your advisors will sell more annuities to the clients who truly benefit from them.
Get Fully Implemented in 30 Days or Less!
Weve created AFFIRM Advantage to offer you all the critical functionality in an easy to deploy, cost effective package for firms of any size. Your advisors can be selling orders on AFFIRM Advantage in less than 30 days.
Standards Based
AFFIRM Advantage fully utilizes the ACORD Product Profile, allowing Carriers to provide Distributors all of their product rules electronically using a standard method. Completed applications are then delivered to Carriers electronically using the DTCC Insurance Processing Services APP format or the ACORD New Business for Annuity format (NBfA).
Features
AFFIRM Advantage is built on Blue Frogs award winning ADMServer Framework, a cross-functional software development framework designed to manage data for insurance services. ADMServer has a rich metadata environment, based on ACORD XMLife standards, that defines and creates Databases, Data Translation, Systems Communication and Complex User Interfaces. These functions are used in conjunction with a methodology for describing complex business and processing rules that allow ADMServer to inherently handle communications with distributors, carriers and service providers to access critical point-of- sale information from licensing and appointment checks all the way to application upload. ADMServer is capable of communicating in ACORD, DTCC (NSCC) formats, and a variety of other common industry formats.
For additional information, please download high level product information here:
AFFIRM Advantage Product Info Sheet
View A Brief Presentation about AFFIRM™ Advantage
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