Transform your distribution management capabilities
Our solution leverages Producer Management and Compensation Systems (PMACS®), a comprehensive suite of producer and distribution management software modules specifically designed for the insurance industry. It enables faster time-to-market of new compensation plans, is reliable with calculations or accounting, and is easy to manage.
PMACS® supports all life, annuity, security, pension, health, disability and property and casualty products / requirements, and is as flexible as you need it to be. It can be configured any way you want, whether it’s to manage 1,000 or 600,000 producers or for commissions processing for US$2 million or US$1 billion. It includes six modules that can be deployed individually or as a suite of modules — Producer On-Boarding, Producer Management, Compensation Management with Performance Management Accelerator, Performance Management Accelerator, Leads Management and Producer Portal.
The PMACS® solution has 6 components that can be plug-and-play into existing carrier’s producer management infrastructure:
Our solution modules can be deployed individually or as a suite of modules. These modules provide comprehensive features to effectively manage processes across the distribution management value chain.
Breathe life into your operations — Our reusable business rules help configure more than 98% of what you need, and help you introduce new compensation structures in just a few weeks. Our solution supports limitless hierarchy levels, and delivers an increase in operating efficiencies by 30% to 50% through automation and web self-service capabilities.
Stay on top of regulatory requirements — Quickly manage changes to licensing, appointments, CE requirements and maintain a current database of all applicable state rules and regulations.
Get in-depth views of any producer or distributor — PMACS® has producer / commission management gateways to help you quickly import distributor / commission data from multiple systems, so you get end-to-end visibility and comprehensive reporting into all your distribution channels.
Create your preferred operating model — Our solution can be leveraged as business process outsourcing, software as a service, or licensed software. You can choose from one of these service models or operate with a combination of these models as your needs evolve.