Boost sales and efficiency by reimagining distribution and compensation.
The Life & Annuities insurance carriers are exploring ways to improve their sales and financial growth. Agents are business enablers for Life & Annuities (L&A) carriers - with seamless management of agent incentives and commissions as a key success factor for their business growth. Some of the key capabilities of modern distribution & compensation management systems include:
- Streamlining compliance activities of agents by jurisdictions and lines of business, including integration with National Insurance Producer Registry (NIPR)
- Agent segmentation to enable targeted offerings
- Ability to develop complex and innovative compensation plans – commissions and secondary compensation
- Flexible payment frequencies and payment options
- Easy-to-use user interface to manage distribution hierarchies across channels and lines of business
- Analytics to measure product performance, productivity, and profitability
Coforge has a team of domain and product experts who have the expertise in leading distribution and commission solutions. We partner with leading L&A carriers globally to build growth accelerators around new age distribution management. Our insurance accelerators include a dedicated agent and broker experience platform, cognitive machine vision-based solutions, and predictive analytics-based enablers.
Success stories.
Case Studies | Insurance | Life annuities | Distribution and compensation management.
Aflac Automates Email Processing with AI: A contact center transformation.Case Studies | Insurance | Life annuities | Distribution and compensation management.
Simplified Customer Onboarding for a Global Financial Services Client.Case Studies | Insurance | Life annuities | Distribution and compensation management.
Coforge Speeds Issue Resolution by 90% for Risk Management Provider.-2.jpeg?width=600&height=800&name=CS%20Item%201%20(4)-2.jpeg)
Case Studies | Insurance | Life annuities | Distribution and compensation management.
Aflac Automates Email Processing with AI: A contact center transformation.
-2.jpeg?width=600&height=800&name=CS%20Item%202%20(4)-2.jpeg)
Case Studies | Insurance | Life annuities | Distribution and compensation management.
Simplified Customer Onboarding for a Global Financial Services Client.
-2.jpeg?width=600&height=800&name=CS%20Item%203%20(4)-2.jpeg)
Case Studies | Insurance | Life annuities | Distribution and compensation management.
Coforge Speeds Issue Resolution by 90% for Risk Management Provider.
What we know.
White Papers | Insurance | Life annuities | Distribution and compensation management.
Modernizing Insurance Customer Care.White Papers | Insurance | Life annuities | Distribution and compensation management.
Insurance - Agent Experience.White Papers | Insurance | Life annuities | Distribution and compensation management.
From Good to Great: Taking Customer Relationship to the Next Level.-2.jpeg?width=600&height=800&name=Artefact%201%20(4)-2.jpeg)
White Papers | Insurance | Life annuities | Distribution and compensation management.
Modernizing Insurance Customer Care.
-1.jpeg?width=600&height=800&name=Artefact%202%20(4)-1.jpeg)
White Papers | Insurance | Life annuities | Distribution and compensation management.
Insurance - Agent Experience.
-3.jpeg?width=600&height=800&name=Artefact%203%20(1)-3.jpeg)
White Papers | Insurance | Life annuities | Distribution and compensation management.
From Good to Great: Taking Customer Relationship to the Next Level.
WHAT WE DO.
Explore our wide gamut of digital transformation capabilities and our work across industries.
Explore