Posted by
Arjun Somanchi
on
10/21/2011 at 11:41 AM
2011 is turning out to be a busy and exciting year for VUE Software. New products like VUE CRM for Insurance, VUE Benefit Summary Tool and VUE Producer Onboarding have seen great momentum in the life, health and P&C insurance segments. The company also added data entry as an optional service to clients of its VUE Wrap-Up Management platform. Moving forward as we launch newer products and services, VUE Software is looking forward to further enhancing its clients’ abilities to be highly competitive in the insurance marketplace.
While the product teams have been busy architecting cutting-edge distribution management technology platforms, the marketing team was notified that Computer Solutions and Software International (CSSI), parent company to VUE Software, was named to Software Magazine’s exclusive Software 500, a list of the World’s Largest Software Companies. In addition to this, we received the Inc. 5000 recognition again for the third consecutive year. These awards and honors indicate to us that our products are successfully meeting the market’s demands. By using VUE Software solutions, our clients and thousands of end-users are more effectively managing their operations and processes to achieve faster time-to-market and increased profits.
In addition to these accolades, VUE Software also won recognition for providing high-quality communications by winning a Society for Technical Communication (STC) International Award of Merit for its white paper focusing on Compensation Management for MGAs and an APEX Award for Publication Excellence in Technology & Science Writing for its technical whitepaper on VUE Compensation Management.
There are quite a few positives that we could take from this year that encourage us in both strengthening our client and partner relationships, and expanding our offerings to impact the industry. We plan to keep the momentum going.
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Posted by
Stephanie Castro
on
12/10/2010 at 1:14 PM
We are happy to note that VUE Software has been recognized once again for our remarkable growth, by being featured in the Lead411 Technology 500 list of the fastest growing technology companies in the U.S. This adds to our collection of honors we received in 2010. The momentum the company has seen this year is unprecedented, and is a result of our steady commitment to providing cutting-edge technology tools specific to the insurance industry and our strong focus on customer relationships.
We are excited to see a wider acceptance of our solutions in the industry, and this recognition from Lead411 showcases our growth among our peers. As the calendar year comes to a close, we reflect on the many positive things that we plan to carry into 2011. At the same time, we are also mindful of the responsibilities that come along with recognition.
We’re looking forward to exploring the opportunities presented through our VUE Partner Program. Our goal with the program is to develop an ecosystem of complementary solution and service providers — building on the investments our clients have already made in VUE Software solutions and our partners’ technologies. Though still in its initial stages, the program is already showing promise with the announcement of the first Partner Program member – ITK Solutions Group, a CRM and ERP expert.
We are excited for new opportunities for growth in 2011, including the development of a new cloud-based solution which will allow us to compete in a broader market of insurance carriers, brokers and agencies.
We anticipate that 2011 will be another eventful and award-winning year for VUE Software. We thank our customers for their continued support and look forward to expanding our relationship with current and new customers in the New Year.
Check out other references to the Lead411's Technology 500 list here and here.
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Posted by
Stephanie Castro
on
8/5/2010 at 6:39 AM
There are several associations, websites, newswires, blogs and publications providing current and in-depth information on the insurance industry. You probably already know about and follow your favorites. But where should you look for a comprehensive guide to all insurance industry publications out there?
We recently stumbled upon The Alacra Wiki, which is a user-generated compilation of industry publications and resources organized categorically by a number of different industries. Their insurance page contains a wealth of titles assembled in one place, from expert commentary and analysis, administration, statistics and profiles to legislative updates.
Click here to visit the insurance AlacraWiki and make sure you’re connected to all available resources for your industry. You may find a valuable source you didn’t know about, or find a favorite missing that you might want to contribute. Try bookmarking it so you can check back often for updates.
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Posted by
Stephanie Castro
on
2/24/2010 at 8:00 AM
The recent disaster in Haiti has been sobering to consider. The loss of life has been tragic, and the need for medical care and supplies for survivors is nearly overwhelming. Thankfully, world-wide aid efforts have been impressive in mobilizing to care for those in need, and aid organizations continue to make strides to help the victims of this natural disaster.
As the disaster relief process for the Haiti earthquake aftermath continues, one figure that is particularly staggering is the projected cost to rebuild the country. A February 17, 2010, National Underwriter article indicated that estimates for rebuilding Haiti have approached $14 billion. And whereas a majority of United States homeowners purchase property and casualty (P&C) insurance coverage to protect against some of the financial costs of natural disasters, virtually no Haitians had this luxury.
According to a Munich Re expert, at the time of the earthquake Haiti had a P&C insurance penetration rate of less than 1 percent. While Haiti does belong to the Caribbean Catastrophe Risk Insurance Facility (CCRIF) pool, coverage from that pool is only around $8 million. The bulk of the burden for rebuilding the nation’s homes and infrastructure will fall on donors and other countries, as Haiti cannot afford to absorb this cost by itself.
These figures are cause to consider the implications to P&C insurers of protecting countries like Haiti, which is both located in a high-risk location (near the Enriquillo-Plaintain Garden fault zone) and one of the poorest countries in the world. Although risk is high and incomes are low, when disaster strikes, these countries are also the most in need of protection.
And the need for coverage against natural disasters shows no sign of slowing down: there has been a decade-over-decade trend of increased catastrophic events worldwide since the 1990s, with one expert predicting a similar increase into the 2010s. We have seen some of these recent disasters even in our own country. In light of this expectation, P&C insurers might consider examining their approach to high-risk locales, underrepresented groups and reinsurance.
When it comes to P&C insurance in Haiti, as well as insurance coverage in other high-risk, developing nations, what should we consider when thinking about how to protect these nations from financial disaster, while also guarding the insurer against excessive, unsustainable risk?
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Posted by
Stephanie Castro
on
1/27/2010 at 3:47 AM
With the economy barely inching towards recovery, now is a time for health care insurers to be innovative. To stand out in a crowd of comparable coverage options, providing more services for the same expense has never been more important. One insurer who has taken this approach for many years is Anthem Blue Cross and Blue Shield in Missouri. Their cleverly named SilverSneakers® Fitness Program was developed in 1992 to address senior citizens’ wellness needs. Now, the company is expanding the program, says a press release from the company:
Anthem Blue Cross and Blue Shield in Missouri will expand its current partnership with Healthways, Inc. to offer the award-winning SilverSneakers® Fitness Program at no additional cost to Anthem Medicare Preferred Standard and Anthem Medicare Preferred Select members in Missouri beginning January 1, 2010 1.
Understanding and catering to the interests of beneficiaries is one of the primary aspects of success in the health plan market. Anthem BCBS should be applauded for listening to and addressing its members’ needs. “More than ever, older adults are recognizing the benefits of regular physical activity and that's why we are giving our members access to an innovative fitness program designed to meet their physical and social needs”, said Krista Bowers, president of Anthem Blue Cross and Blue Shield's Senior Business.
In addition to happier, healthier members, Anthem BCBS is helping to keep health care costs down. “A 2008 CDC-funded study found that members who participate in SilverSneakers are admitted to the hospital less often and have lower overall health care costs. In member surveys, nearly 70 percent of SilverSneakers participants report improved overall health.”
It’s great to see health insurers embracing member benefits that will positively and directly impact their beneficiaries’ quality of life while also contributing to lowered healthcare costs.
1 Anthem Blue Cross and Blue Shield Expands SilverSneakers® to Additional Members in Missouri
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