Next Steps
Producer Lifecycle
Producer Lifecycle Management
Onboard Quickly
Reduce onboarding time from weeks to hours, so new producers start selling quickly.
Reduce onboarding time from weeks to hours, so new producers start selling quickly.
Appoint Just in Time
Only appoint producers who are actually selling and promote healthy competition.
Only appoint producers who are actually selling and promote healthy competition.
Cut Operational Costs
Eliminate manual interventions through comprehensive automation.
Eliminate manual interventions through comprehensive automation.
Coordinating the stages of an insurance producer’s interaction with your organization — from recruiting and credentialing to profile updates and even termination — can make producer management very time-consuming. Organizations looking to streamline these processes should evaluate a Producer Lifecycle Management (PLM) system. VUE Software® PLM solutions deliver the tools to recruit, onboard, train and manage producers, leading to faster revenue generation while reducing administrative overhead. Web-based portals and integrated solutions help insurers effectively implement producer management processes that attract top performers and simplify workflow.
Accelerate Onboarding
Speed and streamline onboarding using a sophisticated online process that makes a great first impression on prospective producers. Pre-filled and contextual forms reduce input redundancies and capture only what is needed from producers to enhance the onboarding experience. The system handles the following activities automatically:
- Business background data collection
- Background checks
- Collect and verify license of Information
Reduce Administrative Costs
By eliminating third-party fees for National Insurance Producer Registry (NIPR) and Producer Database (PDB) checks, VUE Software PLM dramatically reduces transaction costs for qualifying and appointing new producers. Administrative costs also decline due to the following key features and more:
- Standards-based NIPR and PDB integration
- Data-capture for producer demographics
- Ability to easily secure supporting documentation
Attract Top Talent
With 24/7 access to the producer portal, producers can leverage a user-friendly interface that starts with onboarding. SmartVUE™ pages motivate them to focus on generating business and helping customers instead of shadow accounting. Innovative, user-friendly features help attract top talent and give producers a positive impression:
- Online producer portal that includes administrator access
- One-click commission statement generation
- Dashboards with sales volume data
Coordinate Channel Communications
Dashboard alerts and notifications greatly simplify communication for the entire channel. Rich automation capabilities reduce the cost of supporting complex distribution channel interactions. Real-time updates allow greater responsiveness to producer requests. Communication support includes document mail-merge capabilities along with the following:
- Integration with email, fax and standard mail
- Automatic communication to producers, users and clients
- SAS 70 infrastructure compliance
