Simplifying Commission Management with SimpleINSPIRE
The SimpleINSPIRE platform makes it easy for company administrators to manage agency commission rates by line of business (LOB) and by state. Whenever a policy transaction occurs—including updates or changes—commissions are automatically calculated, recorded, and reported, ensuring accuracy and transparency.
Agency commission statements are generated and sent out via email automatically, with no manual effort required.
The platform offers flexible commission payment options, allowing payments to be based on written premium, paid premium, or the full amount of the first payment from the insured. It also fully supports agency statement billing and payments, streamlining financial operations.
For added convenience, insurance brokers and insurance agency management software agencies can enroll in ACH direct deposit to receive their commissions quickly and securely.
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