FUNCTIONAL OVERVIEW DIAGRAM
- Ease of defining commission rules on diverse policy and business parameters by each Insurer
- Ease of defining commission overrides on different hierarchies
- Ease of administering annualized/indemnity commission and chargebacks
- Time and effort required for commission reconciliation with each Insurer
- Drive agent’s behaviour to achieve business goals
- Timely and accurate commission payment
- Automated commission reconciliation
- Configure commission rules by combination of Products, Riders, Insurer, Role, Class, Rookie status, premium, comm. etc.
- Enhance commission for digital sale, STP etc.
- Use external KPIs such as Persistency, BSC, Assessment Ranking to drive commission
- Define Chargeback rules for policy events
- Define overrides for different hierarchies
- Commission split, negotiable commission
- Wind back and wind forward commission
- Attract and motivate advisors thru innovative Commissions
- Drive business goals thru enhanced commissions
- Secure high value/large portfolio thru negotiated commission
- Auto reconciliation by each Insurer
Excellence is not attained in a day! Our teams have worked beyond expectations to attain in-depth knowledge and offer customized solutions to our clients and partners. We carefully analyse our reach and every strategy to stay true to the time.
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