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NetVU Endorses Buy Button as Conceived by PIA

The Executive Board of NetVU, the Network of Vertafore Users, has voted to formally support the position of the National Association of Professional Insurance Agents regarding the Buy Button as conceived by PIA...
May 17, 2016

The Executive Board of NetVU, the Network of Vertafore Users, has voted to formally support the position of the National Association of Professional Insurance Agents (PIA) regarding the Buy Button as conceived by PIA.

The Buy Button is the ability for agents to bind a policy in a once-and-done fashion, in real time in their agency systems, from among their appointed carriers, regardless of the point of engagement or policy sale. The technology exists to do this, but has yet to be used in this manner. Currently, agents must leave their systems, or bridge to the carrier system, to bind a policy. The buy button will empower agents to bind coverage in real time for prospects or clients who call on the phone, walk into the agency, meet, or visit online.

“This is all about empowering agents, carriers and consumers,” said PIA National Executive Vice President & CEO Mike Becker. “The buy button will create new opportunities to reach markets that currently go untapped for most agents. It will expand choices for consumers and build business for our carriers. PIA thanks our colleagues at NetVU for their support of PIA’s initiative.”

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