Why P&C Insurance Wholesalers Need an Agency Management System

Wholesalers in the Property & Casualty (P&C) insurance industry manage a high volume of policies, submissions, and agency relationships across multiple carriers. Without a centralized system, it becomes difficult to stay compliant, efficient, and scalable. An Agency Management System (AMS) purpose-built for wholesalers addresses these exact pain points.

Let’s explore how a modern AMS can transform your wholesale operations.

1. Managing Agent Relationships and Commissions

Wholesalers deal with hundreds of agents and must accurately manage submissions, quote statuses, commissions, and documentation.

Solution: Expert Insured provides:

• Role-based access for retail agents
• Real-time commission tracking
• Automated payment reconciliation
• Visibility into agent performance and policy pipelines

2. Streamlining Policy Submissions and Renewals

Manual intake of applications and renewals leads to errors, delays, and lost opportunities.

Solution: With Expert Insured, you can:

• Digitize submissions with smart intake forms
• Use pre-filled renewal workflows
• Assign submissions automatically by carrier, LOB, or underwriter
• Track all activity in real-time with status dashboards

3. Ensuring Compliance and Secure Document Management

Wholesalers must maintain audit-ready records, proper licenses, and stay compliant across states and carriers.

Solution: Expert Insured’s AMS includes:

• Digital document repository with version control
• Audit logs for all endorsements and activities
• Alerts for license expiration, E&O insurance, and appointments
• Reporting templates for regulatory bodies and carriers

4. Carrier Reporting and Data Insights

Wholesalers must regularly report on production, loss ratios, and risk exposure to their carrier partners.

Solution: Expert Insured offers:

• On-demand bordereaux reporting
• Dashboards by carrier, line, and agent
• Analytics for submission-to-bind ratios and premium growth
• Exportable reports in carrier-required formats

5. Supporting Scalability with Automation

Growth often brings operational chaos without the right systems in place.

Solution: Our AMS helps you scale with:

• Onboarding tools for new agencies and staff
• Workflow automation by LOB or geography
• API integrations for e-signatures, rating, and accounting
• Custom fields and forms to suit niche business needs

Use Case: National Wholesaler Enhances Operations with Expert Insured

A U.S.-based wholesale broker supporting 400+ agents and 12 carriers upgraded to Expert Insured. Within 6 months:

• Submission cycle time was reduced by 65%
• 98% of agent commissions were paid on time
• Reporting errors dropped to near zero
• Operating cost per transaction fell by 22%

Conclusion

Wholesalers face complexity that spreadsheets and legacy systems can no longer handle. A modern AMS like Expert Insured brings automation, insight, and control to your agency relationships, carrier reporting, and compliance workflows.

Discover how Expert Insured empowers P&C wholesalers to streamline operations and drive profitable growth.

FAQs

Can an AMS track commissions across multiple agents and carriers?
Yes. Expert Insured calculates, tracks, and reconciles commissions in real time with full visibility.

Does Expert Insured support retail agent portals?
Absolutely. Each agent can log in to view policy status, upload documents, and track their pipeline.

Can I use Expert Insured to report production to carriers?
Yes. Built-in bordereaux reporting allows you to meet carrier requirements with ease.

Is the AMS secure for document storage?
Yes. Our system is SOC-compliant with audit trails and encrypted storage.

Ready to simplify wholesale operations?

See how Expert Insured helps you manage more agents, more submissions, and more carriers-with less effort.

Schedule your demo or contact us at sales@selectsys.com