Agency Administration System

System Highlights
  • Agent advances and commissions entirely user option driven
  • Agent advances and commissions computed at the benefit level
  • On-line Commission rate structure (Contract Code System)
  • On-line agent inquiry and maintenance
    - By Agent Number
    - By Agent Name
  • Agent on-line tracking and information:
    - Agent account balance history available. Includes:
    * Earned Commissions
    * Advances
    * First year and Renewal Premiums
    * First year and Renewal Commissions
    - Agent production history by line of business and user defined period
  • Agent Statements:
    - Daily
    - Weekly
    - Bimonthly
    - Monthly
    - Overrides
    - Automatic check/EFT generation
    - Agent charges
    - Commission reports by agency hierarchy
    - Advance statements: (User defined)
    * Submission
    * Issue
    * Delivery
    - Earned Commission statements: (User defined)
    * Standard
    * Net of advance on individual policies
    * Detail by coverage
    * Detail by Group
    * Commission charge backs
  • Agent Accounting/General Ledger:
    - On-line inquiry of agent balances
    - Commission entries automatically posted to general ledger
    - Automatic sub-ledger of agent balances (Both ledger and non-ledger)
    - Ledger and non-ledger agents possible
  • Agent Reporting:
    - Persistency
    - Numerous roster formats
    - Licensing by state
    - Vesting and bonus information
    - 1099's
  • Production reporting by user defined periods
  • Agent mailing labels and index cards
  • Existing policyholder marketing list by user selected criteria
  • Manager on-line inquiry and maintenance