Annuity product rules and forms are posted by carriers onto AnnuityNet. In turn, brokers are provided with an easy-to-use Web-based application process and a suitability questionnaire. Designed to increase annuity sales and reduce compliance risk, AnnuityNet makes possible more efficient, more appropriate, and more successful transactions – at a lower cost than manual, paper-based systems. Currently, AnnuityNet features over 1,000 annuity products from nearly 40 insurance carriers – including fixed and variable annuities, equity-indexed annuities, and SPIA’s. Each month, AnnuityNet processes nearly 15,000 annuity transactions – with a total value of approximately $1.5 bb – over the Internet for more that 20 brokerage firms.

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