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Blog

Digitization in Insurance: Think Different for Maximum Growth

I attended a Forbes Insight webinar on growing business by thinking differently.  It was centered on Open, Design, and Platform Thinking. I was fascinated, made some notes, stored some of the information in my brain, and went on to the next task. Then I read Maan Thakur’s article, “Here’s how hybrid service models give insurers… Read more »

by Margaret LivermoreJune 14th, 2017

#IASA2017 Conference – It’s That Time of the Year  

As sure as night follows day, so does IASA follow the Grand Berkshire Hathaway annual meeting. Someone reading this right now is scratching their head wondering what the heck IASA has to do with Berkshire Hathaway. Well friend, scratch away. In the event that you are familiar with IASA and not Berkshire here is the… Read more »

by John SarichMay 25th, 2017

Meet VUE Software at the 37th Annual Caribbean Insurance Conference

Each year, the Insurance Association of the Caribbean Inc. (IAC), hosts an annual conference, the Caribbean Insurance Conference (CIC), attracting more than 600 attendees from 38 countries, from the insurance and financial industries. This conference offers a collaborative forum for Caribbean insurance regulatory authorities, insurance educational institutes, actuaries, and other groups with interest in the… Read more »

by Margaret LivermoreMay 24th, 2017

Insurance Compliance News: Kansas has Revised Third Party Administrator Life and Health Licensing

Kansas Insurance Department (KID) has passed Senate Bill No. 22, updating statutes relating to the regulation of third party administrators. It amended K.S.A. 40-3801 et seq., regarding the licensure of third party administrators in Kansas. The law became effective March 9, 2017. (See Bulletin 2017-2 http://www.ksinsurance.org/department/LegalIssues/bulletins/Bulletin-2017-2.pdf) An individual or business entity that performs the duties… Read more »

by Karen MachamerMay 18th, 2017

VUE CRM is essential to DISTRIBUTION MODERNIZATION

A well-designed distribution system or platform with the ability to manage the key business process of distribution—recruiting and on-boarding, compliance, compensation, portal, and analytics—will have all the requisite functionality. Additionally, the modular design of the system should let modules “plug and play” with each other. This allows various applications, some disparate, to be used in… Read more »

by John SarichMay 15th, 2017

Property & Casualty Insurers: Technology to Navigate Today’s Changing Ecosystem

In the past decade, property and casualty (P&C) insurance has been the segment most affected by technology.  The speed at which technology is developing and the proliferation of Internet applications, mobile devices, and cloud computing has significantly changed the distribution and sales of insurance premiums. To continue to grow, maintain operational efficiency, and maintain a… Read more »

by Margaret LivermoreMay 10th, 2017

Insurance Compliance News: Virginia Will Require Producers to Complete Annuity Training 

Recently VA amended Chapter 45 of Title 14 of the VA Administrative Code effective April 1, 2017. The revised Rules require agents to complete a one-time, four (4) credit continuing education (C.E.) course on annuity products.  The deadline for compliance with this training requirement is January 1, 2018, for agents currently holding a life insurance… Read more »

by Karen MachamerApril 26th, 2017

Insurance Solutions – The House of Mirrors

Every time I peruse anything dealing with insurance technology, I come upon the term “Insurance Solutions.” I guess insurance solutions is a category for anything and everything related to insurance-technology. So, all insurance tech is in the insurance solutions bucket. I do get that, but any technology that is insurance related isn’t necessarily a solution…. Read more »

by John SarichApril 17th, 2017

In the Age of The Customer, Life & Annuity Insurers Must Embrace Digital Processes

All businesses, regardless of industry, must be aware that customers expect the ease, intuition, and anytime/anywhere interaction of digital. Customers have the power to dictate how and when they want to do business with you—and if you aren’t available, they will go elsewhere. A recent PWC Global Survey found that customers expect this ease of… Read more »

by Margaret LivermoreApril 12th, 2017

How Health Insurance Companies Can Digitally Transform their Distribution Channel

As a company that keeps its finger on the pulse of the insurance industry, VUE Software is always aware of how the latest technology can help companies in the industry thrive and remain competitive by implementing the latest technology. VUE is currently modernizing the platform and processes of health insurers with digital technology. Digital refers… Read more »

by Margaret LivermoreMarch 28th, 2017