Case Study
Insurer Reclaims Ability to Manage Broker Commissions with Optymyze
www.optymyze.com Copyright © 2015 Optymyze. All rights reserved. Problems The company had an immediate need to rectify the situations that their legacy system could not handle: • The legacy software, though marketed as simple to maintain, made it very difficult for business users to access or adjust processes, slowing responses to business changes and at times delaying payments. • There was no automated way to make changes to commission payments based on underwriting so they were unable to drive correct selling behaviors. • There was no method to ensure that producers had acquired or maintained requisite licenses or appointments risking regulatory non-compliance and potential fines. • Commission information updates were painfully slow due to a combination of all of the manual proce