Managing Producer and Broker Commission Agreements in AMS360

Learn how to accurately configure and manage Producer and Broker Commission Agreements to ensure consistent, reliable commission processing in AMS360. Producer and Broker Commission Agreements are a key component of commission processing in AMS360. When they are not configured correctly, agencies can experience commission inconsistencies, reporting issues, and unnecessary manual adjustments. In this webinar, Kite Technology Group consultants Shelly Werfelmann and Lauren Roberts walk through how Producer and Broker Commission Agreements work in AMS360 and how to apply them effectively. You will learn how to set up agreements, apply them to policies, and understand how they impact commission calculations. Here's what we cover: 00:10 Introduction 02:10 Agenda 02:46 The Importance of Configuring Commission Agreements in AMS360 03:38 Calculating Payout 07:03 Agreements Types and Setup 29:38 Other Areas of Consideration 42:35 Reports: Monitoring and Auditing 51:09 Next Steps 53:04 Conclusion This session is ideal for agencies looking to improve accuracy, consistency, and confidence in their commission setup. Have questions or need help getting the most from your AMS360 system? The Agency Consulting team at Kite Technology Group is here to help. Reach out to us today to start the conversion! Email us at [email protected] Visit our website: https://www.kitetechgroup.com/contact... Call Us: 410-356-3113