Security Benefit Group speeds its systems for better performance.Faced with aging technology and a significant lag time in getting new products on the shelf, annuity annuity: see insurance. annuity Payment made at a fixed interval. A common example is the payment received by retirees from their pension plan. There are two main classes of annuities: annuities certain and contingent annuities. provider Security Benefit Group created a "burning platform" to move the company from an outdated out·dat·ed adj. Out-of-date; old-fashioned. outdated Adjective old-fashioned or obsolete Adj. 1. system to one that more than doubled the company's speed. Two years ago, delivering products at the company took 12 to 16 months on a legacy platform. "Time impacted our ability to sell in the marketplace," said David Keith Keith may refer to: People with the given name Keith:
As a small organization, Security Benefit finds getting into the market quickly is an advantage, he said. Security Benefit sells products through the independent broker channel. Based in Topeka Topeka (təpē`kə), city (1990 pop. 119,883), state capital and seat of Shawnee co., NE Kans., on the Kansas River; inc. 1857. In a rich agricultural region, it is an important shipping point for cattle and wheat and a wholesaling, , Kan., it has a primary focus of providing annuities to teachers and has about 500,000 customers. The company processes 250,000 to 300,000 annuity policies, he said. But as a result of a confusing con·fuse v. con·fused, con·fus·ing, con·fus·es v.tr. 1. a. To cause to be unable to think with clarity or act with intelligence or understanding; throw off. b. system, the company's staff spent more time being trained to use the tools than being trained to sell the products. |
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