Coconut Creek, Florida, 01/06/2016 — VUE announced today that The Savings Bank Life Insurance Company of Massachusetts (SBLI), a national life insurance carrier has selected VUE Software’s Distribution Management Suite, a solution built exclusively for Carriers. A contributing factor in the decision making process is VUE Software’s Producer Compensation module, which allows SBLI to pay their commissions accurately and on time. The N-tier hierarchy capability, and modern straight-through processing solutions also played a major role in the selection. VUE Software will implement its leading 5-module Distribution Management Suite and Performance Analytics tool.
The Savings Bank Life Insurance Company of Massachusetts (SBLI) is a national insurance carrier that has been providing individuals and families with affordable life insurance since 1907. SBLI has over 600 thousand policyholders and an A+ financial strength rating from AM Best. They also have excellent financial strength ratings from other independent rating agencies like Standard and Poor’s and Weiss Ratings. For policy information please call 1-888-630-5000.
VUE 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.