Screen shot of LifeBase OnLine Literature Library

Offshore actuaries Boal & Co have web-enabled "LifeBase Offshore", their popular product database software for offshore life assurance companies, and re-engineered it to meet the research and analysis needs of independent financial advisers (IFAs) worldwide.  LifeBase OnLine, the new IFA system, is launched on 19 November 2003 at www.lifebase.co.uk.

LifeBase OnLine is a product analysis tool-kit covering over 110 offshore life assurance products and 29 product providers, across all of the main offshore life centres (Isle of Man, Ireland, Guernsey, Luxembourg).  The new on-line system gives IFAs access to a wealth of detailed and up-to-date product information and LifeBase analysis, including:

• Product details, charges and design
• Product projections (fully interactive)
• Fund performance statistics and charts, covering more than 1,000 offshore life funds
• Product Literature library
• Product comparisons.

Screen shot of a LifeBase OnLine projections graph.

Mark Kiernan, who led the design and development project, said:

"The world-wide web is the ideal medium for access of our LifeBase database and analysis by IFAs around the world.  My brief was to re-engineer our LifeBase Offshore CD-ROM system, not just to enable it to operate on-line, but also to adapt its design to meet the needs of IFAs.  LifeBase Offshore, our successful software for life offices, is very powerful and is designed to meet the particular needs of marketing and product development departments.  IFA needs are different, though, and for them the emphasis is on speed, ease of use, and quick access to printed results and charting output."

Screen shot of LifeBase OnLine Product Details

Screen shot of a Fund Performance graph

Managing Director Gary Boal added:

"LifeBase On-line is a major e-commerce initiative for Boal & Co, bringing LifeBase into the reach of UK and international IFAs for the first time.  The new IFA site is fully integrated, including easy on-line payment for the subscriber research area.  LifeBase Offshore life office customers will also have full automatic access rights to the site, so that they can see exactly what IFAs can.

"LifeBase Offshore continues to be our premier software for life companies.  We are delighted that LifeBase On-line for IFAs has now joined the stable, and we look forward to registering UK and international IFAs to the new site at www.lifebase.co.uk.

IFAs wishing to register for LifeBase OnLine can do so at www.lifebase.co.uk, where they can take a guided tour and obtain a free trial of the on-line system.

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MEDIA ENQUIRIES

For further details, please contact:

	Gary Boal	Mark Kiernan
Telephone	+44 (0)1624 824181	+44 (0)1624 824181
E-mail	gboal@lifebase.co.uk	mkiernan@lifebase.co.uk

NOTES FOR EDITORS

1.      Boal & Co is an international firm of actuaries and consultants operating in the following consultancy disciplines:

a.       Offshore Life Assurance

b.      European Cross-Border Life Assurance

c.       Life Assurance Software

d.      International Pensions.

LifeBase On-line is a new service line within the Life Assurance software area.

2.      Boal & Co operate from offices in Castletown, Isle of Man and Dublin, Ireland.

3.      Boal & Co is a member firm of Milliman Global, a premier global consulting organisation providing independent actuarial and management advice to leading corporations, governmental entities and other quality clients, both large and small.  Milliman Global employs 2,800 people, including 1,300 actuarial consultants, and has revenues of $432 million.  With more than 100 offices in 28 countries, Milliman Global is well positioned to help international insurance and other clients with their most complex global challenges.

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