Frank Dunnigan, WNP member and columnist. -
In the fall of 2008, WNP founders Woody LaBounty and David Gallagher asked if I would be interested in writing a series of articles on local history/folklore and thus, Streetwise was born, making its debut as a monthly column in January of 2009. I’m grateful to have been given this opportunity, and also happy that Woody agreed to loan me the column’s name one that he had been using for many of his own WNP articles dating back to the late 1990s.
Now, after 8+ years, the calendar tells me that Streetwise is reaching its 100th column a good time to take a look back to see where we have been.
MRS Introduces E-App for Annuity Policies
MRS, a global leader in insurance automation and technology solutions, announced today the release of a new electronic application (E-App) system for annuity policies. The new technology will allow financial and insurance professionals to complete and submit annuity applications online, effectively improving turnaround time for processing and final delivery. We re proud to bring new MRS technology to hardworking financial and insurance professionals,” said Tim Dineen, Chief Executive Officer at MRS. “We’re dedicated to creating streamlined applications that make doing business easier while helping our clients deliver policies to their customers even quicker.
The annuity market is substantial and provides a significant amount of revenue for carriers. An annuity policy helps the buyer manage their income in retirement, and other than pensions, annuities are the only products that provide guaranteed lifetime income. The market size o
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