Core Benefits Group selects VUE Software’s Producer Compensation System
VUE’s Producer Compensation provides an automated compensation management process with strong reporting functionality.
COCONUT CREEK, Fla. — June 30, 2014— VUE Software®, the leading provider in Distribution Modernization, today announced that Core Benefits Group, a multi-line MGA specializing in health, life, property & casualty and more has selected VUE Producer Compensation, an automated, flexible solution that provides clear performance measures and accurate payments.
Core Benefits Group, a health distributor known for providing excellent customer service and offering the best insurance products from industry-leading insurance carriers, decided they needed a more modernized system of paying their producers. Their previous system had very limited functionality. Their main problem was that it did not have a comprehensive reporting function which resulted in having to enter everything manually. They recognized that they were falling behind with regards to technology and paying their producers on time is crucial in order to continue selling policies and growing the business. They wanted to automate the full business process in order to keep current with market trends. Once they heard of VUE Software they realized they had found a system that had everything they were looking for.
VUE’s Producer Compensation increases producer retention and satisfaction by empowering those producers to focus solely on sales and revenue rather than having to deal with shadow accounting. VUE Producer Compensation module is an automated compensation management process with strong reporting functionalities. Core Benefits Group was able to reduce their transaction costs by automating their entire compensation process. With VUE’s Producer Compensation, Core Benefits now has the ability to add new channels and support multiple hierarchies based on line of business, geography, etc. They can create incentive programs for their producers that maximize sales of the most profitable products. The commission statements are easy to read and show the producers exactly what they want to see. With the features and functionalities of VUE’s Producer Compensation, Core Benefits Group has gained a stronger market position.
Mr. Eric Bustos, Vice President of Sales and Marketing for VUE Software said, “We were very happy to help Core Benefits Group automate their commission processing with VUE’s Producer Compensation and we look forward to being a part of their continued growth and success.”
About Core Benefits Group
Core Benefits Group is an MGA Health Distributor. Core Benefits Group will meet with you to understand your business and the custom insurance solutions that will provide you the affordable financial protection your business needs. At Core Benefits Group, our goal is to gain a thorough understanding of your business and learn exactly which types of insurance will give you the best affordable protection. We also take the time to act as a reliable consultant, answering all your questions, and helping you through all insurance processes, even after you purchase your insurance.
VUE Software is a single scalable platform built from the ground up for Insurers, MGAs, FMOs, IMOs, and Insurance Distributors who have outgrown their current tools and require greater automation for producer administration and sales processes. Founded by Computer Solutions & Software International (CSSI) over two decades ago and recently acquired by Vertafore, VUE offers configurable solutions to meet the unique needs of the Life and Annuity, Health, and Property and Casualty markets. The company leads the Distribution-Modernization movement and provides insurance organizations a solid path to revenue growth and competitive advantage, supporting multiple product types, distribution channels, and hierarchy types.