Here’s a fact pattern we see play out often during and after acquisitions.
You’re the acquiring firm. You’ve invested significant time, resources, and capital. You know the business you’re buying inside and out. You close the transaction.
Then, you realize you have a problem: your teams have no centralized visibility into existing annuities and life insurance policies for the business you just bought.
What’s the true health of the book? What risks are lurking? What policies might blow up? What sales opportunities are you missing? What don’t you know about what you bought that you could know, or should know?
These blind spots make it harder to make strategic decisions and can lead to negative outcomes for clients and frustrating experiences for financial professionals.
Proformex solves this problem.
We give acquiring firms centralized, accessible visibility into existing annuity and life insurance books. These views are customized to your new hierarchy, meaning you can view businesses individually or roll everything up at an enterprise level. This gives your teams clear line of sight into what you own and you a clearer picture of risks, opportunities, and the information needed to make strategic decisions.
You’ve invested significant capital into each acquisition. You deserve to actually know what you bought.