Because VUE Software offers the only Distribution Management Platform that fully manages all aspects of distribution we have a perspective that is somewhat unique. Our experience shows that carriers in all insurance segments—life/annuities, property and casualty, and health—are addressing distribution as a significant part of their overall business strategy and are willing to invest in improving their distribution strategies.
What does Delivery Optimization and Insurance Modernization have in Common? Simply a means to maximize the implementation of insurance distribution management software. Defense 2 Offense strategy – Delivery Optimization and Insurance Modernization.
The 2018 SILA Education Conference officially kicked off on Sunday, September 30, 2018 with the Exhibitor Fair & Welcome Reception. The VUE Software booth saw a lot of traffic and the VUE team was excited to chat with all the folks that stopped by. The Regulatory Exchange sessions provided regulatory responses to pain points in the industry that can be changed for better efficiency and processing.
VUE Software offers a robust and automated tools engine—VUE Health & Benefits Billing—that allows insurers and third-party administrators to deliver online billing efficiently. VUE Health & Benefits Billing for Individual, Group and Voluntary; Online Billing and Collections Management to helps Insurers, TPAs with Compensation Payout Process
Redefining Insurance Technology Application Development Process (Part 2) – highlights on Agile adoption, existing corporate IT infrastructure, and waterfall’s continuing importance. VUE Software has experienced an increased demand for Agile development methodology with insurers operating single/multi-lines of business.
The blog on an emerging trend called the Re-Emergence of the Core System Custom Build, or as crazy talk around the IT campfire. And throw out the big what if. The big what if sounds like this: hey, here’s an idea, why don’t we build our own policy admin system?
VUE Software is excited to once again be an exhibitor at SILA’s Think Bigger…Finish Strong National Education Conference. VUE software represents the “Think Bigger” theme by leading the Distribution Modernization movement and providing insurance organizations with a solid path to revenue growth and competitive advantage.
Understand how Insurance Technology Application Development Process in insurance distribution and producer management solutions. Based on factors such as technical training and exposure, insurance IT departments staff and implementation experience, the success rate of Agile over Waterfall (42% vs 14%), the overall quality of delivery, and the development approach to the desired system.
As a licensed agent or producer, the requirements include bi-annual continuing education for licensure, annual carrier certification, product trainings, and AHIP/FFM. The producers must go through a re-certification process for each carrier with which they are contracted.
As for Tesla, the insurance companies that were asked to insure the Tesla cars did not have any knowledge of the true cost to insure the cars for this simple reason: they had no idea of the cost to repair the cars. With insurance companies not having any idea of the potential cost to repair a Tesla against a variety of accident scenarios, they began to guess the cost of repair.