Understanding the Unique Demands in Insurance
Callidus helps insurers respond to changing channel and market demands through user-configurable compensation plans and web-enabled compensation reports. Callidus solutions are designed to meet the complex needs of today's insurers, including distribution and producer management; flexible, effective-dated compensation plans; and multi-tiered compensation plans including commission, incentives and management/wholesaler overrides:
- Manage a shifting portfolio of traditional and alternative distribution channels
- Drive cross-selling initiatives within the existing customer base
- Satisfy an increasingly stringent financial regulatory environment through accurate payments, transparent information and clear, auditable processes
- Reduce the operational and IT costs associated with distribution management
"Callidus' TrueComp Manager provides strong incentive compensation functionality in key areas, such as hierarchy management, plan configuration, one-off arrangements, onboarding, correspondence, commission rollbacks and audit trail capabilities."
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Gartner, Inc., “MarketScope for Insurance Incentive
Compensation Management Applications, 2009,” by
Steven Leigh, December 16, 2009
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