Digital. Dynamic. Dependable.
Elevate Distribution Management, from Onboarding to Commissions
Digital onboarding, real-time performance insights, and dynamic compensation—streamlining every step for efficient and impactful policy distribution.
“With Newgen, we simplified agent onboarding and achieved reduction in payout errors, leveraging data-driven compensation plans that enhance agent productivity and drive top-line growth.”
Head of Distribution, Leading Insurance Company
Learn more about Newgen’s Digital Distribution Solution can do for you
Agent Onboarding & Hierarchy Management
Minimize delays with an all-in-one recruitment platform and streamline onboarding, licensing, training, & compliance. Manage collection, verification, and organization of documentation and adjust hierarchies to reflect agent movements, performance shifts, and organizational changes. Remove gaps in the management of complex, multi-tiered agent hierarchies across diverse LOBs, products, and geographies.
Advanced Compensation Rule Engine
Get foresight into compensation outcomes under various business scenarios through AI-driven simulations. Utilize configurable compensation rules engine supporting complex commission, incentive, and bonus schemes that are tailored to products, and agent tiers. Allocate quotas with top-down and bottom-up approaches to increase attainment.
Commissions Reconciliation
Seamless integration with existing workflows enables automated reconciliation. Leverage KPI-driven intuitive dashboards to get real-time insights into compensation trends, enabling proactive, data-informed decisions.
Performance Tracking & Enhancement
Align performance indicators with 360-degree agent view and customizable KPIs. Monitor agent performance against goals to gauge progress. AI-driven recommendations provide targeted suggestions for performance improvement based on real-time data and historical trends to address performance gaps.
Agent Onboarding & Hierarchy Management
Minimize delays with an all-in-one recruitment platform and streamline onboarding, licensing, training, & compliance. Manage collection, verification, and organization of documentation and adjust hierarchies to reflect agent movements, performance shifts, and organizational changes. Remove gaps in the management of complex, multi-tiered agent hierarchies across diverse LOBs, products, and geographies.
Advanced Compensation Rule Engine
Get foresight into compensation outcomes under various business scenarios through AI-driven simulations. Utilize configurable compensation rules engine supporting complex commission, incentive, and bonus schemes that are tailored to products, and agent tiers. Allocate quotas with top-down and bottom-up approaches to increase attainment.
Commissions Reconciliation
Seamless integration with existing workflows enables automated reconciliation. Leverage KPI-driven intuitive dashboards to get real-time insights into compensation trends, enabling proactive, data-informed decisions.
Performance Tracking & Enhancement
Align performance indicators with 360-degree agent view and customizable KPIs. Monitor agent performance against goals to gauge progress. AI-driven recommendations provide targeted suggestions for performance improvement based on real-time data and historical trends to address performance gaps.
Brands using Newgen Platform
Key Benefits
- Reduced manual paperwork and faster agent activation
- Improved sales efficiency and personalized recommendations with AI-driven insights
- Seamless engagement across digital, mobile, and traditional channels
- Comprehensive view of agent productivity for improved compensation structure
Explore Newgen’s other Insurance Solutions
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