SymbioSys Distribution Management-as-a-Service is a unified service to manage registrations, various types hierarchies, agent movements, performance, persistency, advisor classifications and rating, incentives, contests/campaigns, compensation and Finance for multiple distribution channels (captive agency, BANCA, brokers, IFA’s etc) across various Lines of Business (Life, Group Life, Health, P&C). It provides a lot of power & flexibility to drive your business strategies based on the priority – like pay commission on daily basis/frequency desired by business, offer incentives for digital sales, segment-based compensation rules, newly evolving distribution channels etc.

SymbioSys Distribution Management has configured 1000+ unique rules for various KPIs, performance and compensations across its 13 implementations. It has processed 2+ million payees across channels. It enables insurers to launch new channel partner in <5 days.

SymbioSys Distribution Management is designed for global insurance distribution needs with unique capabilities like:

Hierarchy Management

Manage all possible types of hierarchies (reporting, monitoring, geographical, recruitment etc) as per your designations with absolutely no restrictions for contract management, regulatory rules, license managements, & payment credentials

Empower senior team to digitally onboarding new advisors along with capabilities to automate all types of movements of advisors & portfolio based on your own rules

Performance management

Create & monitor various types of KPI’s based on inputs from Policy, Premium, Commission, Agent, lead, & activity but also for various unique KPI’s based on different types of Persistency, hierarchy, segmentation rules

Leverage Balanced Score Card approach for performance tracking & rewarding to ensure that performance is tracked & aligned to business goals

Do not treat all agents alike, but reward high performing agents based on the true value to organization

Compensation management

Reduce time & cost of administering diverse types of compensations accurately

Dynamic Rule engine driven compensation computation for faster adaptation to emerging types of compensations, pay-outs

Ensure compensations are truly helping in achieving business objectives

Reduced risk of compliance failures due to the siloes & manual interventions

Finance Management

Automate ability to create a bank file for payments ready with local taxations, rules, & schedules of choices

Effectively improve ability to track, control & administer adjustments, write-offs, payments hold & release systemically with minimal manual interventions

SymbioSys Distribution Management-as-a-ServiceC2L BIZ SOLUTIONS PVT LTD

SymbioSys Distribution Management-as-a-Service

C2L BIZ SOLUTIONS PVT LTD

SymbioSys Distribution Management-as-a-Service

C2L BIZ SOLUTIONS PVT LTD

SymbioSys Distribution Management-as-a-Service
C2L BIZ SOLUTIONS PVT LTD