CalcFocus announces a new contract to implement its cloud-hosted Forecast illustration application for a leading voluntary benefits carrier. Lifetime Benefit Term new business and inforce illustrations are first in queue followed by other new product introductions. In addition, policy issue integration is coordinated with carrier’s new policy administration platform.

CalcFocus announces a new contract to implement its cloud-hosted Forecast inforce illustration application for a leading life carrier. All historic generations of participating whole life, universal life, variable universal life, and variable life products are in scope. Real-time integration with ten carrier legacy policy administration systems and carrier enterprise document distribution creates a single carrier inforce illustration service while all policies are migrated to a new target policy administration platform.

CalcFocus announces a new contract to implement its cloud-hosted Forecast illustration application for a leading voluntary benefits carrier. New business and inforce illustrations include all universal life product generations in carrier history, a lifetime benefit term product, and multiple accident and health products. Applications include new business illustrations and quotes, inforce illustrations, rate cards for enrollments, and ‘smart’ annual reports for universal life policyholders.

CalcFocus announces a new contract to implement its cloud-hosted comprehensive policy administration platform, Achieve, for a top-tier voluntary benefits carrier. The implementation will sunset two legacy policy administration platforms plus reclaim policies that are currently administered by TPA. In addition, multiple upstream and downstream legacy integration applications will be retired.