Press Release

7/10/2006

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Investigo Provides Insurance information for US Allianz Securities

 

Investigo Provides Industry’s First Practice Management System
that Integrates Comprehensive Financial and Insurance Data for Broker Dealers


MINNEAPOLIS, July 10, 2006—Investigo—provider of the financial services industry’s most advanced practice management system—announced today that it has formalized an agreement with Allianz Life Insurance Company of North America in which Investigo will integrate detailed insurance data from the firm with investment information for USAllianz Securities®, a broker dealer subsidiary of Allianz Life Insurance Company of North America. The agreement represents the first time any practice management system will integrate comprehensive financial and insurance information.

 

Investigo CEO Tom Rozman cited results of an investment industry survey that his firm conducted last fall. “Broker dealers are starving for information and must have a way to track the sales of insurance products through their firm.”

 

By bringing information into its data warehouse, Investigo enables USAllianz Securities registered representatives to log on from anywhere to access a client’s entire portfolio.

 

According to USAllianz Securities Director of Business & Technology Integration Mark Welton, “The integration provided by Investigo streamlines the process and provides an asset to our registered representatives, who will automatically have a consolidated view of their clients’ portfolios without manually entering insurance data.”

 

Investigo’s DTCC-formatted feed will automatically integrate contract and policy information, greatly reducing the need for manual input, providing reps with a cost-effective practice management tool which now integrates a significant block of their assets under management.

Unlike competitive systems, Investigo is built with an intuitive understanding of the hierarchy in a broker dealer organization and can easily provide management with different levels of access to the information they need.

 

About Allianz Life Insurance Company of North America

Founded in 1896 and based in Minneapolis, Allianz Life Insurance Company of North America is a leading provider of fixed and variable annuities, life insurance policies, long term care insurance products, and health excess of loss insurance products in the United States. Allianz Life Insurance Company of North America is one of the primary companies of Allianz AG. Allianz AG employs over 177,000 people worldwide.

 

About Investigo

Investigo offers the most comprehensive practice management system in the financial advisory industry. Advisors using Investigo spend more time with clients and less on administrative functions; improve client service with more accurate consolidated reporting; and save money by reducing the number of software packages they need to buy and maintain. Investigo’s web-based platform integrates a broad range of practice- management applications – including data aggregation, reporting, CRM, compliance and online document management – all at a significantly lower price than competitive products. In addition, Investigo has partnered with best-in-class software vendors like Morningstar, MoneyGuidePro and LaserApp. Headquartered in Minneapolis, Investigo downloads data for thousands of advisors and millions of accounts representing several million in assets under management. For more information, call (952) 920-1441 or visit www.investigo.net

 


Public Relations Contact:
Dale Jones
Strategic Advantage Public Relations
(303) 298-9630