Annuities

Legent utilizes the DTCC Insurance Services platform to process annuity contracts.  As participants in this service, Legent has access to more than 55 annuity families and more than 155 active carriers.  

This platform allows correspondents the opportunity to link, in an automated environment, annuity contract information so that it appears on customer brokerage statements.  It also supports the transmission of annuity commissions which can then be combined with Investment reps’ other brokerage commissions and paid together at month end settlement. 

Additionally, once a customer’s contract has been linked, the Legent Annuity program gives the investment professional access to the following information on their workstation:

• Annuity Name
• Contract Number
• Cusip
• Contract Registration
• Contract Positions
• Contract Value

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