Dual-purpose New Business/In-Force Illustration Systems
Novinsoft has leveraged our unparalleled expertise developing New Business Illustration Systems for the Canadian financial services industry in building superior In-Force Illustration Systems.
Combined New Business/In-Force Illustration Systems
  • Our combined New Business/In-Force Illustration Systems use a single calculation engine; New Business becomes just a subset of In-Force
  • Dual GUI - new business style to ease the learning curve, transactional for access to all possible features
  • Integrated with the client company's admin system at multiple points
The functionality is up to you. For clients such as BMO Insurance, SSQ, Equitable, and Transamerica, In-Force transactions include adding/deleting/editing:
  • UL coverages
  • Death Benefit choices and increases/decreases
  • Riders and Benefits
  • COI options
  • Switch to non-smoker
  • Adding or stopping Maximizer/Optimizer-type options
  • Reinvesting in different funds
  • Switch YRT to Level
  • Lump Sum Deposits
  • Multiple Scenarios
  • Override Surrender Charges, Policy Fees, COI, and Loan Details
  • And more...
Self-Maintenance Tools As an option Novinsoft can provide tools such as Plan Code Database and Auto Rates Generator that allow client companies to do some of the maintenance themselves - thus saving more time and money. Just like our powerful New Business Systems, our In-Force Systems offer full spreadsheet and custom reporting capabilities; as well as importing all the required policy information from Ingenium or other administration systems.Significant dollars can be saved if we develop both your In-Force and New Business Systems. For more information, or a demonstration, please contact Neil Menear.
of our Dual-purpose New Business/In-Force Illustration Systems
  • One calculation engine means significantly less testing
  • The In-Force GUI is very much the same as the Sales Illustration System. Therefore no extra training is required. It’s easy to use
  • Fast products/rates update: same pointers/rates files
  • Less on-going programming and lower maintenance costs
  • Reduced risk of errors
  • Less time to get In-Force to the field
  • Easier to take advantage of New Business-type functionality
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Keep up-to-date on news, events and releases from NOVINSOFT
June 2021
SSQ insurance adds a new product
April 2021
Canada Life adds a new customizable term product
February 2021
RBC Insurance adds Par and Sales Concepts
October 2020
NovinNews is now on Facebook
March 2020
A New Class of Illustrator Applications
August 2019
GWL/London Life/Canada Life Complete Illustration System
September 2018
Our 25th Anniversary
September 2018
Novinsoft Technology Roadmap
July 2018
Par, Par and Not Par
January 2018
Some 2017 highlights
January 2017
Thank Goodness – 2016 is over!
January 2016
Empire Life Web/Mobile Illustration System
September 2014
Recent Client Highlights
April 2014
Tech Meeting
December 2013
Novinsoft goes to Asia
September 2013
Equitable Final Protection
May 2013
20th Anniversary Client Meeting
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