NSURE Core Insurance Suite - for Distribution Management Systems

Comprehensive back office solution for Distribution Management of Life & Annuities and P&C business. It allows for defining multiple distribution channels like Agency, Bancassurance, Brokers, Affinity Partners etc. Enables multi-tier hiearchy, automated calculation and generation of commisions, automated tracking of KPI's, persistency calculations. Enables configuration of different Agent support (Loans, Allowances) and Agent KPI based benefits (Production Bonus, Persistency bonus, Quality business bonus). Also enables configuration of ad-hoc competitions based on KPI's. Manages the growth path of agents by setting criteria for promotions, execution of promotion transactions, managing the breakway benefits to the agent leaders.

• End to end distribution management system
• Multiple distribution channels and each channel can have multiple levels of hiearchies, with mulitiple horizontal ranks at each level
• Commission calculation and overriidng commissions. Varied by product and channel
• Accurate Production and KPI tracking at distributor level, which can be aggregated to all levels
• Different types of bonus confiugrable based on target set against different KPI's
• Agent support areas (Interest free loans, Allowances)
• Agent welfare areas (Retirement funds)
• Setting critiera for agent growth, Promotion criteria and asessments, and execution of promotions
• Compensation to agent leaders at promotions
• Managing the policy blocks at Promotions, Demotions, Terminations of agent
• Different persistency calculations
• Commssion and benefit payment
• Can be Integrated to Policy admin systems, finance system for payment, accounting systems for journal entries

• Increases New Business and First Year Premium (FYP)
• Increases Renewal Year Premium (RYP) and Persistency
• Improves Agent’s Motivation
• Improves Customer Service
• Empowers Agents