The AdminServer System is not only superior to traditional legacy systems in business functionality, but also resolves the time-to-market challenges that have plagued the industry for decades. The system's architecture and functional capabilities deliver a common platform for both the individual life and annuity insurance carrier organization, as well as the group/institutional market segments. Insurance lines of business that can be administered by AdminServer's package include traditional and variable products on the life side of the business, as well as fixed and variable lines for annuities. Group/Institutional companies can administer the same lines of business and accidental death & dismemberment (AD&D) lines. Carriers will now be able to dramatically lower the cost of policy ownership services for their product lines of business by utilizing a common platform that does not require systems modifications.