Texas-Based National Lloyds Modernizes with VUE’s Onboarding and Compliance
Coconut Creek, Florida, 7/20/2017—VUE Software announced that National Lloyds, an A.M. Best A-rated property and casualty underwriter that leads underserved markets in Texas and other southern states, will be transforming their distribution processes with VUE Onboarding & Compliance and VUE CRM for Insurance.
“As a growing company, National Lloyds was seeking modern distribution technology to maintain producer compliance and effectively manage our extensive producer pool. With VUE’s straight-thru processing and one-click synchronization to the NIPR and PDB, no manual entry is required and our producer information is always-up-to-date. VUE Software’s industry expertise, software functionality, and references were instrumental in our choice,” said Elena Banfi, compliance attorney for National Lloyds.
“This is a great partnership for both companies. With VUE’s out-of-the-box cutting edge technology, and the VUE team’s depth of insurance industry knowledge, Lloyds will be able to quickly advance to the next level in their growth process,” explains Jeff Sloan, VUE Software’s VP of Sales, North America.
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 CSSI over two decades ago, VUE Software 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.
About National Lloyds
Headquartered in Waco, Texas, National Lloyds is an insurance holding company that sells policies underwritten through two wholly owned insurance subsidiaries: National Lloyds Insurance Company and American Summit Insurance Company. National Lloyds is recognized as an insurance leader in Texas and throughout the south and both insurance carrier subsidiaries have an AM Best “A” rating. The insurance company subsidiaries are niche property and casualty underwriters, offering primarily fire and limited homeowners insurance for low-value dwellings and manufactured homes.
National Lloyds’ insurance subsidiaries, collectively, are licensed to sell insurance in over 30 states and have an extensive distribution network of over 4,200 independent insurance agencies and more than 160 employees. National Lloyds is a subsidiary of Hilltop Holdings Inc. (NYSE:HTH), a Texas-based financial holding company with $12.3 billion in assets as of March 31, 2017. Find more information at www.NationalLloydsInsurance.com.
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