Agents and commissions
Each agent has a contract with defined authority: the system checks whether the agent is allowed to write a specific policy. Commission is accrued when the premium is received and reversed on cancellation within the clawback window, and the statement is built from these accruals.
Plan All plans.
What is inside
- Agent contracts and authority by product
- Agent authority check before policy issuance
- Commission schemes
- Commission accrual, withholding and reversal with a clawback window
- Agent commission statements
- Sales attribution to a partner
- Agent policies and portfolio statistics through the API
Conditions
An agent works in the back office with the agent role and permissions or through the Partner API.
These parts of the module are on the product roadmap. We confirm timing and scope during implementation.
- A separate agent portal
Frequently asked questions
How is the agent’s authority checked?
Before a policy is issued, the system checks the product and terms against the agent contract. Without authority, the policy is not issued.
What happens to the commission on cancellation?
The commission is reversed if the cancellation falls within the clawback window of the commission scheme.
Can agent statements be exported?
Yes. The statement is built from the accruals for the period and exported for signing.
Use cases with this feature
Other features
Shall we show the system on your products?
We will build your product in the builder, take a policy from quote to claim and estimate the implementation cost for your lines of business and countries.