Agency Management Review and Agency Tiering Program
Agency tiering is an agency management methodology used to objectively evaluate the agency plant and better align company resources and agency compensation with a company's distribution strategy. An effective agency tiering strategy can assist your company with better aligning commissions, reducing the loss ratio and reducing operating costs.
Benefits
- Objective measurement of entire agency force
- Communicate vehicle for individual results
- Consistent message among agency managers
- Compensate agencies fairly based on performance
- Drive agency behavior
- Appropriately allocate marketing department efforts
- Reduce agency management expense
- Quickly identify problem agencies
- Reduce underwriting and processing costs
- Higher retention
- Increase agency penetration
- Identify true partners
- Provide organizational visibility for agent results
- Transfer knowledge across the company
- Reassure Board of Directors and management with an external review
Contact us for more information about our Agency Management Review and Agency Tiering Program.
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