Calculate commissions for any insurance product
A streamlined solution
Get the powerful tools you need without an expensive CRM.
Track your commissions in six easy steps
Commission tracking with AgencyComp is just a few short steps away. Our knowledge base is filled with videos and step-by-step instructions that will have you tracking your commissions in no time at all.
Add your carriers and compensation plans
Carriers are the companies you represent. A compensation plan describes how commissions are paid on a policy.
Import your client policies
AgencyComp provides import templates for Percentage of Premium, Medicare Advantage, Fee, Target Premium, and Graded policies
Create an import map for each carrier
A map provides a diagram of which fields are imported from the commission statement
Import your commission statements
Statements in Excel can be quickly imported
Post commissions to policies
Posting is the process of linking a commission to a policy
There are six reports to help track your commissions
Flexible enough to calculate commissions for virtually any product
Unlike most commission trackers, AgencyComp does not require you to purchase an expensive CRM with features you don’t need or use. With minimal data, you can calculate, project, and identify missing or inaccurate commissions. AgencyComp can calculate commissions for almost any type of policy.
Commissions can even be calculated and tracked for complicated commission plans. Our Medicare Advantage and Prescription Drug Plan compensation module does not require lengthy setups for policies paying at different effective dates. We have consulted with Medicare experts to develop a quick and easy module that can track these commissions for any enrollment type or effective date.
Target Premium commissions can be difficult to calculate because of the many variables associated with the policy. Our target premium commission module accounts for any lump sum or 1035 exchange amount, number of years premiums are paid and target premium amount. The commission schedule can accept any target premium commission period and any renewal period.
Percentage of Premium
- Term Life
- Medicare Supplement
- Final Expense
- Long Term Care
- Voluntary Benefits
- Medicare Advantage
- Prescription Drug Plans
- Individual Health
- Group Health
- Universal Life
- Whole Life
Our robust reports include:
These valuable reports can help you understand where your commissions are derived, allowing you to spend more time where you are most profitable.
View first year commissions on policies in underwriting
Analyze your book of business by premium or commission
Project revenues up to 10 years
Projected vs Actual
Compare expected commissions to those received
12-month lookback on commissions received and missed
Determine any debit balance for policies with advanced commissions