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Scalable Architecture: Essential for Enterprise Efficiency

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Though cost cutting and operational efficiency are top priorities for insurers, these companies should embrace strategies for business growth as well. Organizations need to position themselves to expand their product reach and improve business growth through widespread distribution channels. But expansion brings increased expenses and high volumes of transactions that insurers may not have dealt with in the past.

As companies grow in size, they usually experience operational and administrative complexities. These challenges could include adding more agents to a network, the consolidation of multiple compensation systems, regulatory changes or changing territories.

Implementing enterprise-wide compensation management technology is a forward-moving initiative that may smooth out complexities, eliminate unwanted expenses and accommodate increasing workloads.

A scalable compensation management system is a must for growth-oriented insurers. Solutions that utilize service oriented architecture (SOA), web services and other advanced technologies allow large organizations with high volume demands to meet their increasing workload. Deploying these web based and scalable systems helps in easing the operational complexity and keeping pace with expansion.

There is a growing demand for solutions that are robust in functionality, yet remain flexible, adaptable and scalable. One of our recent projects involving Insphere Insurance Solutions is a great example of the power of these types of solutions in action.

It was a complex installation involving the integration of VUE Compensation Management with over ten other technology systems. The successful integration of VUE Compensation Management showcases the solution’s flexibility, adaptability and scalability for diverse insurance business structures. It’s a point of pride that VUE Compensation Management is at the core of Insphere Insurance Solutions’ innovative technology platform.

“It was essential for us to select a solution that would meet our current needs and be flexible enough to adapt to our evolving requirements as well. The VUE Software suite offered solutions that seemed tailor-made to fit our business model.”

– Phillip J. Hildebrand, President and CEO, Insphere Insurance Solutions



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