Cypress to Streamline Its Technology Enterprise - Wide

By CIOReview | Tuesday, February 25, 2014
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FLORIDA: VUE Software, the provider of distribution and production management solutions for insurance industry has recently announced that Cypress Insurance Group has gone live with VUE Producer Compensation, VUE Producer Management & Compliance, VUE Producer Onboarding and VUE Analytics.

These distribution management solutions have enabled Cypress to better manage the organization’s technology enterprise-wide. Cypress sought a commission management system from VUE Software to integrate with its newly implemented policy management and billing technology. An insurer gets attracted not only towards VUE Software’s comprehensive incentive compensation management solution, but also to the organization’s flexible, advanced solutions for agent management and compliance, agent onboarding, portal access and analytics.

 “We were a fully outsourced operation. One of our biggest challenges was to be able to insource our technology instead,” says Dan Colarusso, Senior Vice President of Insurance Operations and CIO at Cypress.

For Cypress, its amalgamation with VUE Software services has several advantages like dramatic time-savings, error reduction, reduced manual involvement and efficiency improvements. VUE Analytics enables Cypress business users to access, analyze and present information directly from technology system data which drastically helps in saving time.

“VUE Software is pleased to bring end-to-end distribution and producer management to Cypress. Because our comprehensive solutions deliver results as individual components or as a suite, we’re able to understand and meet insurance organizations’ needs across the board from rapid producer onboarding to up-to-date compliance measures, accurate commission payments and results analysis,” says Abhinav Dave, EVP of VUE Software.