A distributor back-office system connecting all stakeholders for streamlined insurance distribution and commission management.

Equisoft/centralize is an insurance distributors management system (agencies such as wealth management department of bank and master general agent MGA) that sell insurance. It provides complete record-keeping of clients, policies and brokers for multiple carriers. Data from certain carriers is ingested on a recurring basis through standardized ACORD files (in Canada, CITS compliant files). It has complete workflow management to track the sales and new business underwriting process. One of the main benefits of the solution is that is tracks commissions due and paid directly, reconciles with payments received from carriers and identify errors (commonly made by carriers). It also has sophisticated hierarchy management to allocate these commissions to the right parties in the organization's structure. It also offers a portal for agents to see their portfolio. Centralize has dozens of out of the box reports to track production from agents and the firm in general.