We’re happy to announce the launch of a new set of features that allow insurance agencies to better use LoTops to manager their businesses and sell insurance products.
Admins in LoTops can now create custom Insurance Products that will allow both Agency and User-specific commission rates to be assigned when selling the Product. There is also the option to set Insurance Products as flat-fee and the ability to set periods as monthly, bi-annual or annual.
When any User is selling an Insurance Product as part of a Deal, their commission amount will automatically be calculated and visible in the Deal. Privacy controls have been built to allow Admins to keep Agency commission rates visible only to Admins.
Enhanced reporting now also allows individual Users to track their own commissions and Deals while allowing Admins to view this data for the whole Agency.
We’re looking forward to launching additional insurance-specific features soon!