Insurtech provider Vertafore has announced that it has acquired VUE Software. The acquisition will complement Vertafore’s Sircon products, the company said.
VUE Software was founded by Computer Solutions & Software International (CSSI) more than 20 years ago, and offers configurable products to meet the needs of the life and annuity, health, and property and casualty markets.
“VUE’s strong market position, momentum and laser-focus on modernizing insurance distribution make it a natural fit for Vertafore,” said Amy Zupon, Vertafore CEO. “Combining VUE with Sircon’s credentialing and compliance strength, we can now deliver an integrated and simplified solution for insurers managing their distribution.”
Developers will be integrating the two platforms over the next six to 12 months, Vertafore said. The integration will provide enhanced capabilities for producer compensation management and faster agency onboarding.
“We are thrilled that VUE is now part of the Vertafore family, an amazing team who, like us, is solely focused on delivering end-to-end solutions that simplify insurance distribution,” said Stephen Bruno, founder and CEO of VUE. “This is great news for our employees and our customers. Vertafore shares our vision for modernizing the future of insurance distribution, and we are excited to help expand our industry-leading solutions.”