With the insurance agency management software, company administrators have the flexibility to configure agency commission rates by line of business (LOB) and by state. The system ensures that accrued commissions are automatically calculated, securely stored, and included in reports each time a policy transaction occurs, whether it's a new issuance or a policy amendment. Agency statements are generated and emailed directly to agencies, eliminating the need for any manual handling.

The SimpleINSPIRE platform, a robust insurance agency management software solution, offers several commission payment structures—including payments based on written premium, paid premium, or the full amount upon the initial insured payment. The software also streamlines Agency Statement Billing and Payment processes.

Additionally, the platform allows insurance brokers and agencies to enroll in ACH payments, enabling them to receive commission payouts conveniently through direct deposit.