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"[Sircon Compensation] has enabled us to examine every broker compensation arrangement in place, identifying out-of-date incentive programs and recognizing cases where broker commissions were not leveraging the desired business result."
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Drill down into the payment details of each policy and report compensation hierarchies for accurate commission payments and streamlined management of complex distribution channels:
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Facilitate supplemental payments and move books of business with proper perspective and retrospective commission management:
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Reduce disputes by creating simple compensation statements for your agents and paying them based on their preferences:
Reduce disputes by creating simple compensation statements for your agents and paying them based on their preferences:
Go in-depth
You know that delivering clear, competitive agent compensation and incentive programs is essential to your growth strategy. Sircon Compensation enables carriers to design and manage compensation plans that motivate producers to sell and renew profitable products.
With a high-performance calculation engine that can simultaneously manage a large volume of agents, commission schedules, transactions, and bonus programs, Sircon
Compensation is an effective insurance commission tracking software with enhanced tools to optimize profit-sharing programs.
Sircon Compensation is part of the Sircon for Carriers platform, designed to help you better manage your distribution channel and become a carrier of choice for your independent agencies.
Along with Sircon Producer Central and Sircon Onboarding & Self-Service, Sircon for Carriers is an end-to-end solution providing a comprehensive distribution management system with a 360° view of your agents. Sircon for Carriers delivers revenue growth, operational efficiency, staff effectiveness, and reduced compliance risk.