DMS is the most
solution for carriers.
in a Highly Competitive Landscape
Perhaps the most critical area insurance carriers are paying close attention to is
Distribution Management. The pillar of financial and organizational growth. Carriers that
want to achieve a sustainable growth strategy face challenges in integrating onboarding
and recruiting, agent/agency compensation, compliance, and services into a single
platform when operating in a legacy environment of fragmented systems.
VUE’s Distribution Management Suite is the most flexible distribution platform that easily integrates electronic onboarding and recruiting, agency relationship management (ARM), producer management and compliance, and incentive compensation management.
Key Distribution Functions
Mobile-ready, web-based interface
DMS is an end to end distribution solution, it allows carriers to drive growth by strategically replacing slow manual processes with fast process automation increasing the overall efficiency of their distribution channels. No matter what kind of growth strategy carries choose: by incentive compensation programs, brand and marketing, or adding new producers to expand into new territories, DMS offers unmatched flexibility and configurability to support any carrier’s strategy for distribution and sales.
Out of the Box
- Electronic onboarding with eSignatures, eForms, certification tracking and electronic document management
- Just-in-Time (JIT) appointments
- Track performance and quotas
- Workflows for licensing and tracking ongoing renewals
- Electronic document management
- Integration to the general ledger for tracking & reporting
- Integration with the National Insurance Producer Registry (NIPR)
- Web-based, Mobile and touch enabled interface
- Tools to manage book rollovers and policy transfers during mergers and acquisitions
- Integration with FINRA, Acord, LIMRA, BIG, GIS and many more.
- Personalized payment schedules with unlimited tiers for commission management
- Self-Service Portal for producers
- Milti-tier compensation management
- Unlimited hierarchy creation supporting multiple ways for agents to book new business
Modules & Tools
Distribution Management Suite Modules
- Producer Onboarding
- Producer Compensation
- Producer Management & Compliance
- Agency Relationship Management
- Producer Self-Service Portal
Analytics Reporting & Dashboards Tool
- Performance Analytics
Health Billing & Collection Tool
- Billing & Collections