In Brief: Hancock Enhances Life Application Tool

The John Hancock unit of Manulife Financial Corp. said it had enhanced its JH Illustrator software to make it easier for producers to provide life insurance applications for their clients to complete.

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Entering data has been time-consuming, the company said on Thursday, but the improved software averts the need to enter data more than once.

The application is downloaded and saved directly to the producer’s computer. It can then be printed, completed, and submitted to John Hancock at the producer’s convenience, the Boston-based insurer said.

Hancock’s parent, Manulife, is a Toronto financial services company that had $332 billion of assets under management at June 30.


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