The Hartford's annuity wholesalers lighten up with iPads

The Hartford's annuity wholesalers lighten up with iPads
Apple's ubiquitous device enables sales force to ditch smart phones, laptops
MAR 18, 2011
In an attempt to free its annuity wholesalers from reams of paperwork, The Hartford Financial Services Group Inc. has started distributing iPads to its field sales force. As part of a pilot program, the insurer handed out iPads to a dozen of its annuity wholesalers at the insurer's national sales summit last month. A full iPad rollout among The Hartford's 60 annuity wholesalers may commence this spring if the pilot program is well received, said Lori LaForge, chief marketing officer of annuity marketing. The insurer is running a similar pilot program with its mutual fund wholesalers, following on the heels of a similar move made in January by John Hancock Financial Services Inc. “We wanted to embrace technology,” Ms. LaForge said. “We wanted our wholesalers to be more efficient; instead of carrying their BlackBerry, laptop and boxes of literature, they have the marketing department at their fingertips.” Right now, the wholesalers have access to online presentations and information on the products they're offering, but The Hartford may add video presentations, online training programs and illustration tools. The devices also have e-mail functionality. The Hartford hasn't come up with any dedicated apps for its sales force's iPads, as it's waiting to hear on how the pilot goes. “We're hoping to hit some objectives and goals, and if we do, we'd like to make it a longer-term strategy,” Ms. LaForge said.

Latest News

The 2025 InvestmentNews Awards Excellence Awardees revealed
The 2025 InvestmentNews Awards Excellence Awardees revealed

From outstanding individuals to innovative organizations, find out who made the final shortlist for top honors at the IN awards, now in its second year.

Top RIA Cresset warns of 'inevitable' recession amid tariff uncertainty
Top RIA Cresset warns of 'inevitable' recession amid tariff uncertainty

Cresset's Susie Cranston is expecting an economic recession, but says her $65 billion RIA sees "great opportunity" to keep investing in a down market.

Edward Jones joins the crowd to sell more alternative investments
Edward Jones joins the crowd to sell more alternative investments

“There’s a big pull to alternative investments right now because of volatility of the stock market,” Kevin Gannon, CEO of Robert A. Stanger & Co., said.

Record RIA M&A activity marks strong start to 2025
Record RIA M&A activity marks strong start to 2025

Sellers shift focus: It's not about succession anymore.

IB+ Data Hub offers strategic edge for U.S. wealth advisors and RIAs advising business clients
IB+ Data Hub offers strategic edge for U.S. wealth advisors and RIAs advising business clients

Platform being adopted by independent-minded advisors who see insurance as a core pillar of their business.

SPONSORED Compliance in real time: Technology's expanding role in RIA oversight

RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.

SPONSORED Advisory firms confront crossroads amid historic wealth transfer

As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.