Commission Tracking Features For Carriers, MGAs and Agents Now Available In Appulate
Westlake Village, CA – November 1, 2017, Appulate, Inc., “Connecting The World Of Insurance” is excited to announce that it has launched commission tracking capabilities as part of Appulate’s product suite.
All stakeholders involved in the insurance binding process will be able to keep track of their commissions succinctly. Carriers will be able to specify the commission they pay; retail agents the commission they receive and wholesale brokers or MGAs – both the commission they receive from the carrier and the commission they pay to the retail agent.
“Appulate is no longer just a data bridge for the P&C sector of the insurance industry”, said Dimitri Nikouline, Chief Technology Officer at Appulate, Inc. “Today, business is being rated, quoted and even bound in Appulate, so commission tracking is an important addition”, commented Nikouline.
Much of Appulate’s growth is a result of its agent network, which is now more than 30,000 agencies across the United States. Agents are using Appulate to not only bridge ACORD and other data to the MGAs and Carriers they do business with, but they are also using Appulate to find new products/programs that they do not currently have access to.
“Appulate continues to listen to the needs of the industry and use its technology talent to provide automation to help the industry grow and modernize”, says Nikouline.
Appulate, “Connecting The World Of Insurance™” offers an unprecedented level of automation to streamline the submission processes through its innovative abilities to bridge data between insurance systems. Today, Appulate technology is used by more than 30,000 retail agents and has been recognized by key industry groups and analysts for its contribution to time and cost savings. The combination of Appulate’s advanced technology, an outstanding level of service and high value proposition has made them one of the fastest-growing technology companies that serve the insurance industry.
Visit Appulate at www.Appulate.com
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2801 Townsgate Road, Suite 210
Westlake Village, CA 91361