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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.
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
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.
Being intuitive, automated, in the cloud, unlimited are great benefits of any software. However, when talking about an insurance agency management system, this just isn't enough.
Clearly there are many benefits to an agency when using Carrier Downloads. Most current data is transferred directly from the carrier. Avoiding possible errors. Saving time and data entry.