Agency Compensation Review and Financial Modelling
Our company provides end-to-end solutions for designing agency compensation schemes or revamping 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 insurance company. The design of such a scheme is a key factor in determining the success and efficiency of an insurance company’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 insurance company’s business objectives and comply with regulatory requirements. We offer comprehensive support to our clients, including conducting market research, analyzing data, and developing customized solutions that meet their specific needs. In addition, we can revamp existing agency compensation schemes to enhance their effectiveness and efficiency.