DistributionCore

P&C Distribution Channel & Compensation Management

In today’s volatile market, insurers must broaden current distribution channels and focus on making it as easy as possible for existing distributors to do business with them. This requires broad-based, Web-enabled distribution functions that allow producers to submit new business, request quotes, and access all information necessary for providing exceptional service to their customer base. It also requires effective distribution and compensation management that aligns the insurer’s objectives with those of its distribution partners.

DistributionCore enhances PolicyCore to give insurers greater ability to truly partner for profit with their agents, brokers and other channels - in new competitive models - by offering fast, cost-effective agency portal, producer self-service and distribution management capabilities.

Exigen Edge

Producer Portal – Insurers can provide producers a web-based, self-service portal that reduces cycle-times for quote, bind and issue, endorsements, and inquiries to facilitate higher conversion rates and superior customer service

Compensation Management – Insurers can easily create incentive programs that maximize sales of more profitable products and then quickly modify them in response to market opportunities. Complete compensation metrics and commission statements keep producers focused on profitable sales and serve to increase producer retention. 

Producer Management – Companies can efficiently manage the entire appointment process and all producer licensing information

Producer Performance – Allows insurers to analyze key performance indicators and producer activity to help maximize productivity and profitability.

Distribution Management – Insurers can “white-label” brands in multiple distribution channels

Product brochure (PDF) > 

Core Processes

• Channel Productivity
• Channel Profitability
• Channel Compensation
• Distribution Strategy

Core Features

• Role-based access to information and rules-based provision of functionality increases producer autonomy and control
• Accurate and up-to-date Agent Licensing Management
• Flexible Commission Management
• Provides "white-labeling" of products in multiple distribution channels
• Customized performance management reporting including producer performance data, alerts to post-sale activity
• Embedded CRM providing “one view” of all customer-related information, including: preferences, products and services, transaction history, current activities, relationships; integration of all sales and service channels; and pre-integrated CTI capabilities
• Smart Workspaces provide adaptive user interfaces that reflect the profiles of each user (including roles, skill levels, scope of responsibility, and authorization) to substantially reduce user training requirements and increase individual performer productivity
• Integrated document management including automatic generation, capture and management of all documents related to a policy, and their organization into electronic policy file folders
• Integrated business activity monitoring service increases accountability of performers, tracks processes for regulatory audit, supports performance management, and enables activity-based costing to enhance financial performance
• Fully integrated business process and workflow management, including: prioritized work queues; automatic or manual task generation and assignment, itemized task lists for all current and future activities with detailed measurement; and monitoring and escalation of service levels associated with each task