Asteron Life has invested $10 million in new technology, which the company claimed would bring more back-office efficiencies for its financial adviser base.
The new technology platform would include new quotation and e-application systems, which would also create "greater synergy" between its technology and product design, the company stated.
Asteron said the upgrade followed feedback from its financial adviser base, which demanded a reduction in application processing time and cost savings.
"This frees advisers up to focus on more money-making activities, and seeing their clients," the company said.
