Orlando, FL, 5/19/98 --The OLifE object standard has grown far beyond its
initial application to the agent desktop, as presenters demonstrated to
attendees at an OLifE Update workshop today.
OLifE, a data integration standard for insurance and financial services,
was originally developed to allow disparate applications on an agent's
desktop to share common data. Today, OLifE's power is being harnessed to
integrate desktop applications to Internet applications; support distributed
computing within a location or between locations; and support legacy
systems, providing data integration between legacy system and desktop.
Jerry Beavers and Mick Occhiuto from Mutual of Omaha presented Mutual of
Omaha's agent desktop. The software selected for their field force includes
E-Z Data's contact management systems, a custom sales solution from Sterling
Wentworth Corporation, and product illustrations by United Systems. OLifE
provides the integration between these packages. Beavers is IS manager of
Mutual of Omaha; Occhiuto is responsible for system design to increase field
Rob Marone, vice president/engineering of ECTA Corporation, proved OLifE
can be used beyond the desktop. He demonstrated ECTA's Internet proposal
system and software from Financial Profiles integrating with data on the
desktop. Marone also showed that OLifE can be used in applications that are
not developed specifically for insurance, as he accessed data from Microsoft
Outlook, instead of an insurance contact management system. This was
achieved by using Spidertek's OLifE Outlook Server, which allows insurance
applications to pull data from this generic contact manager, using OLifE.
Jeannie Farquharson of NN Financial in Toronto attended the workshop to
find out how OLifE could help her firmin the buy/build decision. "NN
Financial is committed to the independent distribution channel, and we're
looking for better ways to satisfy our brokers," she said. "As we face the
buy/build decision, these demonstrations showed me what OLifE can do for us,
and who's participating."
The standard has taken on an international focus, said Tana Sabatino,
OLifE group manager, ACORD. OLifE-compliant software is being developed and
implemented in the U.S., Canada, several European countries, South Africa,
Australia, and Japan. The value of the Standard is that it builds on an
existing technology - Microsoft's ActiveX - and makes it unnecessary for
software developers to "reinvent the wheel" each time a client asks for
"OLifE Update" was one of 37 workshops presented during the three-day
ACORD Technology Conference '98, attended by 900 of the industry's leading
technology users and providers. The Conference, which includes tracks for
property/casualty and life agents, company representatives, CIOs, and
service providers, is in its sixth year as the industry's premier event for
technology education and exploration.
The 1999 ACORD Technology Conference will take place at Disney's
Contemporary Resort in Lake Buena Vista, FL, May 23-25.