VUE Software to Update Group Life & Disability Systems for Symetra
Coconut Creek, Florida, 12/11/2018— VUE today announced that Symetra Life Insurance Company has selected VUE to update the billing and collection and compensation management systems for the insurer’s Group Life & Disability (LAD) business line.
VUE will replace some of Symetra’s LAD existing systems and integrate with their policy management system, providing an end-to-end solution for list bills and self-administered billing. This platform will include premium collection and aging reporting, automated non-payment notifications, and loading census data. VUE will provide capabilities for applying premium net of commissions, invoices with claims fee charges in addition to regular list bill and self-administered billing.
“The list billing and member management processes requires great attention to detail and can be time and labor consuming. The ability to provide multiple products on a single invoice, easily manage coverage and subscriber changes, process and reconcile billing payments and commissions will streamline the process for Symetra and provide great benefits to their customers and agents,” commented Phillip Brown, Vice President of Global Alliances, VUE.
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.