GAINSCO Selects VUE Software's Distribution Compensation Platform

COCONUT CREEK, Fla., Aug. 30, 2017 /PRNewswire/ -- VUE Software announced today that GAINSCO Inc., a property & casualty insurance holding company established in 1978, selected VUE's Distribution Compensation Platform to administer complex commission and incentive programs.

This implementation will enable GAINSCO to build flexible compensation programs, create multiple hierarchies per payee, create gamification profiles, retroactively make changes to plan, agent, or policy characteristics, input effective dates, and much more.

Philip West, CIO of GAINSCO notes, "Our business challenge is managing multiple compensation hierarchies, bonus structures, and performance reporting. VUE Software's Distribution Compensation platform will streamline our internal business processes, improve management of our sales channel, and enable financial growth. Also, VUE's modular design will allow us to expand into other VUE distribution applications as our business requirements change."

"With a history of successful P&C Insurance partnerhsips, VUE is very excited to be working with GAINSCO. With our robust, cutting edge Compensation solution, GAINSCO will be able to streamline their complex commission and incentive payouts, positioning them for future growth," said Jeff Sloan, Vice President of Sales, North America.

GAINSCO markets their products to more than 4,500 independent insurance agents across 9 states: Texas, New Mexico, Arizona, Oklahoma, Florida, Georgia, South Carolina, Virginia, and Tennessee.

Solution Overview: 
VUE Distribution Compensation

About VUE Software®
VUE Software is a single scalable platform built from the ground up for Insurers, MGAs, FMOs, IMOs, and Insurance Distributors who have outgrown their current tools and require greater automation for producer administration and sales processes. Founded by CSSI over two decades ago, VUE Software offers configurable solutions to meet the unique needs of the Life and Annuity, Health, and Property and Casualty markets. The company leads the Distribution-Modernization movement and provides insurance organizations a solid path to revenue growth and competitive advantage, supporting multiple product types, distribution channels, and hierarchy types.

About GAINSCO
GAINSCO, INC. is a Dallas, Texas-based holding company established in 1978. The Company, through its insurance brand, GAINSCO Auto Insurance®, specializes in minimum-limits personal auto coverage and actively distributes its nonstandard personal auto products primarily through independent retail agents in Florida, Georgia, South Carolina, Tennessee, and Virginia {Southeast Region} and in Arizona, New Mexico, Oklahoma, and Texas {Southwest Region}. Its insurance company subsidiary is MGA Insurance Company, Inc.

Media Contact:
Michael Palmisano
Vice President of Marketing
954-333-2313

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SOURCE VUE Software