Core Benefits Group, a multi-line MGA specializing in health, life, property & casualty and more has selected VUE Producer Compensation, an automated, flexible solution that provides clear performance measures and accurate payments.
Core Benefits Group, a health distributor known for providing excellent customer service and offering the best insurance products from industry-leading insurance carriers, decided they needed a more modernized system of paying their producers. Their previous system had very limited functionality.
Their main problem was that it did not have a comprehensive reporting function which resulted in having to enter everything manually. They recognized that they were falling behind with regards to technology and paying their producers on time is crucial in order to continue selling policies and growing the business.
They wanted to automate the full business process in order to keep current with market trends. Once they heard of VUE Software they realized they had found a system that had everything they were looking for.
VUE’s Producer Compensation increases producer retention and satisfaction by empowering those producers to focus solely on sales and revenue rather than having to deal with shadow accounting. VUE Producer Compensation module is an automated compensation management process with strong reporting functionalities.
Core Benefits Group was able to reduce their transaction costs by automating their entire compensation process. With VUE’s Producer Compensation, Core Benefits now has the ability to add new channels and support multiple hierarchies based on line of business, geography, etc.
They can create incentive programs for their producers that maximize sales of the most profitable products. The commission statements are easy to read and show the producers exactly what they want to see. With the features and functionalities of VUE’s Producer Compensation, Core Benefits Group has gained a stronger market position.
Eric Bustos, VUE Software’s VP of Sales and Marketing said, "We were very happy to be able to help Core Benefits Group automate their commission processing with VUE’s Producer Compensation and we look forward to being a part of their continued growth and success."