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American General To Use Pivot Annuity System

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NU Online News Service, Feb. 18, 5:55 p.m. – American General Annuity Insurance Company has decided to use a Web-based annuity distribution and servicing system from Pivot/Info-One, Columbus, Ohio, Pivot says.

American General is a unit of American International Group Inc., New York, and Pivot is a unit of Wachovia Corp., Charlotte, N.C.

More than 50 carriers now use the Pivot system to market annuities and other insurance products to financial advisors, Pivot says.

The system handles order entry, premium additions, sub-account transfers, beneficiary changes, suitability testing and other tasks, Pivot says.


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