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Every agency tracks its commissions differently. Some carriers pay the agency on commission earned basis. Other carriers pay the commission all upfront, and if a policy cancels then the agency is re
In depth look at streamlining the process of recording, tracking, collecting and paying commissions. All meticulously crafted by the Now Certs Agency Management System.
An insurance agent shares his personal experience of ditching the status quo in selling personal auto policies for the far more lucrative business of having only 10 very high value policies.
One of the most complex and diverse aspects of the insurance business is their accounting. Commissions and payments depend on the specific Carrier, MGA, Insured, Line of business, etc.
If there is a single most important reason why an insurance agency should subscribe to a management system, that is to have access to custom, ad-hoc reporting of commissions, payments, performance.