Business Wire
Luma Financial Technologies (“Luma”), a global leader in structured products and insurance solutions, has partnered with Advantage Insurance Network (“AIN”), a national marketing organization network of affiliated independent third-party brokerage distribution firms, to advance the life, annuity and asset-based long-term care insurance experience. This collaboration marks an industry first by introducing Luma’s advanced technology into AIN Essentials (AIN’s proprietary resource platform) in a single sign-on environment, providing all AIN Affiliates with instant access to an unparalleled suite of resources.
Through this partnership, AIN Affiliates can implement Luma’s end-to-end digital solutions, designed to simplify the management and transaction processes for annuities today, and life insurance in the not-too-distant future, in their respective agencies. Affiliates using the platform can efficiently compare products, analyze performance data, and leverage predictive analytics to tailor offerings that align with their agents’ unique goals. In addition, Luma’s integrated electronic applications, e-signature capabilities, and automated pricing technology are available to interested individual Affiliate Firms to further enhance efficiency, freeing AIN Affiliates from manual tasks and allowing them to focus on delivering exceptional service.
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“By partnering with Luma, we are ensuring that AIN Affiliates have simplified access to the most advanced technology available,” said Martin Haile, Chief Marketing Officer at Advantage Insurance Network. “Luma’s platform will empower AIN Affiliates with innovative tools that can streamline processes, enhance service delivery, and drive better results.”
“We are thrilled to partner with AIN and their Affiliates, equipping them with cutting-edge tools that redefine how life insurance and annuities are managed,” said Steven Acosta, Director of National Sales at Luma Financial Technologies. “This relationship underscores our commitment to simplifying complexities in the industry and enhancing the AIN Affiliate-Advisor relationship through efficient, data-driven solutions.”
The unique, industry-first integration of Luma into AIN Essentials ensures that AIN Affiliates have access to multi-carrier annuity quoting in a single sign-on environment, allowing them to stay ahead in a fast-changing marketplace and deliver tailored solutions that resonate with today’s discerning clients.
This collaboration brings together Luma’s best-in-class technology with AIN’s deep expertise in independent insurance distribution, offering AIN Affiliates the resources needed to thrive in an increasingly competitive marketplace.
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