You Earn Commission
CommCIS does the Admin

CommCIS is a comprehensive web-based insurance broker commission management system that provides income protection for brokerages, agencies and individual agents.

How CommCIS can make your life easier

  • By keeping track of all documentation required by compliance regulations, CommCIS supports the business of even the smallest brokerages
  • Powerful workflow capabilities cater for any approval process, for all products and institutions
  • Internet technology allows system access anywhere anytime
  • Comprehensive business intelligence leads to better planning and ensures income protection
  • Enhanced Agent productivity
  • Comprehensive security and integration capabilities
  • Support for Insurance and Investment businesses
  • Painless, affordable implementation and backup services from a blue-chip service provider

 


“CommCIS has fueled SASFIN growth by reducing our administration and increasing productivity.” Louis Horwitz, Chief Operations Officer, SASFIN

Commission management with CommCIS will soon be the new Industry standard. Make sure you're ahead of the pack and streamline your insurance business with the best software for the job.

 

Features

 

  

Product Management

  • Flat, level, annualized, graded or compounding products
  • Manage policies and commissions in real time
  • Complete and detailed audit trail

Agent Productivity

  • Records client details to a level that ensures the "Know thy Client" principle
  • Increases agent productivity
  • Client and contact information

 

Commissions Processing

  • Support for any commission calculation e.g. rules-based, scalable premiums and compound formulae
  • Project and calculate future commissions with automatic renewals calculations
  • Manage agents fixed contract information with commission as per their percentages
  • Reconcile commission against institution statements
  • Track past and future commissions
  • Manage commission splits and hierarchies
  • Import statements electronically from institution

 

Business Intelligence

  • Custom-design your own reports
  • Full drill-down capability
  • Generate commission reports for expected, received and past due commissions by agents, clients, insurance company and line of business
  • Variance reports between expected and received commission, and other reports designed to "self manage" the system
  • Business productivity and financial reports

 

Workflow & Compliance

  • End-to-end processing from client initiation to commission payment transfers
  • On-line approval of policies by institutions
  • Status tracking on leads with automatic e-mail reminders
  • Rapidly adaptable to new process and workflow needs
  • Compliant with New Financial Advisory and Intermediary Service Bill
  • Comprehensive workflow for compliance approvals and follow-ups

 

Technology

  • Access by registered users from anywhere, anytime
  • Merge facility with MS Word to auto-generate standard documentation
  • Attach MS Word and MS Excel documents to client and agent records
  • Interfaces to external systems via XML and other formats
  • Secure transmissions with SSL 128bit data encryption
  • Multi-level user access controls

 

Expense Module

  • Agent expenses can be imported from third party software
  • Commission statements are emailed to agents using commission earned and expenses.
  

 
  The small miracle
behind big business