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Blog

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

Core Systems: The Elephant in the Room is Distribution Management

The New Car without a Transmission Core systems are always in the insurance news since they are the engine that drives each, and every insurance company. Recently, Novarica published its biannual review of Core Systems—Policy Administration Systems—for the P&C world. One is struck by the number of policy admin systems that are in the study… Read more »

by John SarichMarch 16th, 2017

CRM for Insurance – Distribution Modernization, Future Technology

A simple definition of CRM is “A system for managing a company’s interactions with current and future customers. CRM involves using technology to organize, automate, and synchronize sales, marketing, customer service and technical support.” Most people engaged in sales and marketing are familiar with contact databases such as ACT and Goldmine. Most companies in the… Read more »

by John SarichMarch 14th, 2017

The Importance of Insurance Licensing Software

Automation, paperless, not having to decipher a producer’s handwriting, not having to contact an agency for missing information, no more manual entry in multiple databases, protection of personally identifiable information (PII), less human error, built in compliance … these are just a few reasons why it is important to have VUE insurance licensing software do… Read more »

by Karen MachamerMarch 6th, 2017

LIMRA Distribution Conference for Financial Services (2017): Learn How to Handle Disruptors in the Insurance Industry

The Life Insurance and Market Research Association (LIMRA), and an international research, learning, and development organization established to help members improve their marketing and distribution effectiveness. LIMRA provides companies with retirement, insurance, and distribution insights and analysis. With  850 members from 70 countries LIMRA’s conferences deliver current industry developments and trends to their international audience…. Read more »

by Margaret LivermoreFebruary 27th, 2017

CRM for Insurance – Challenges, Roadmap and Technology

A simple definition of CRM is “A system for managing a company’s interactions with current and future customers. CRM involves using technology to organize, automate, and synchronize sales, marketing, customer service and technical support.” Based on what CRM software has become over the past decade or so, it is easy to see why someone would… Read more »

by John SarichFebruary 22nd, 2017

The Power of VUE Compensation’s Revenue Reconciliation for Insurance Distributors

Accounting and auditing can be very complicated especially for businesses. Although accounting has evolved with technology applications such as Excel and Quick Books, more often than not it is still a predominantly manual process. A few years ago while attending a meeting I was introduced to a software solution that immediately captured my attention. I… Read more »

by Margaret LivermoreFebruary 13th, 2017

The End of the ACA: “Don’t Worry ‘bout A Thing”

Remember Johnny Carson’s “Carnack the Magnificent” where he would don the outfit of a Vizier and predict the question to the answer he just provided? What a great and timeless shtick that only Carson could pull off. If “Carnack the Magnificent” were still around, he just might look at the demise of the Affordable Care… Read more »

by John SarichJanuary 30th, 2017

Eliminate Producer Compliance Issues with VUE Software’s NIPR Integration

The National Insurance Producer Registry (NIPR) was established in October 1996 as an independent nonprofit affiliate of the NAIC. The NIPR is a unique public–private partnership that supports the work of the state departments of insurance and the NAIC in making the producer-licensing process more cost-effective, streamlined, and uniform for the benefit of regulators, the… Read more »

by Karen MachamerJanuary 18th, 2017

Agency Management Applications: Not ready for prime time with Managing General Agents

The technology designed to operate in the gray area of insurance—a space often called wholesale insurance, the purview of Managing General Agents—is quite limited. In my “what kind of technology do you use?” conversations with MGA’s, they tell me it is a mixed bag. Some use off-the-shelf technology products, some use homegrown applications (think Excel… Read more »

by John SarichJanuary 12th, 2017