Agency Compensation Review and Financial Modelling
Our company provides end-to-end solutions for the design of agency compensation schemes or the revamp of existing schemes. An agency compensation scheme is a plan or system for paying commissions or other incentives to agents or intermediaries who sell insurance products on behalf of an insurer. The design of an agency compensation scheme is a key factor in determining the success and efficiency of an insurer's distribution channel. Our team of professionals has the expertise and experience necessary to design effective and efficient agency compensation schemes that align with an insurer's business objectives and meet regulatory requirements. We offer end-to-end support to our clients, including conducting market research, analyzing data, and developing customized solutions that meet their specific needs and requirements. In addition, we can also revamp existing agency compensation schemes to improve their effectiveness and efficiency.