Company administrators have full control over setting agency commission rates based on line of business (LOB) and state. Commissions are automatically calculated, recorded, and reported whenever a policy transaction takes place—including any policy changes. Agency statements are generated and emailed directly to agencies, eliminating the need for manual processing. The SimpleINSPIRE platform offers flexible commission payment options, including payments based on written premium, paid premium, or the full amount of the first payment received. It also supports Agency Statement Billing and Payments to simplify financial management. Additionally, insurance brokers and agencies can sign up for ACH payments to receive their commissions through secure direct deposit.

insurance agency management software