Software for commissioned work

Products built on our commission engine, starting with insurance.

Propcot

A P&C insurance system for MGAs and program administrators: policies, billing, commissions and reporting in one place, with commission at the center.

Statement for Dana RuizNovember 2026
LinePayable
Net payable$4,175.50
Split 60/40 with J. Okafor
Hinge point
Bind
Ledger
Commission $2,760.00: D. Ruiz $1,656.00, J. Okafor $1,104.00
Commission statements
Invoice INV-2026-11-0422Issued November 3, 2026
Bill toMedina River Outfitters
PolicyPC-24-10422
Renewal premium, general liability$9,250.00
Policy fee$150.00
Inspection fee$125.00
Surplus lines tax, 4.85% of premium$448.63
Stamping fee, 0.04% of premium$3.70
Total due$9,977.33
Quarterly plan
December 3, 2026$2,494.33
March 3, 2027$2,494.33
June 3, 2027$2,494.33
September 3, 2027$2,494.34
Premium invoices
Bordereau for Carrier BNovember 2026

Carrier B takes 40% of the 60% carrier side on each syndicated policy.

PolicyPremiumShareDue to carrier
PC-24-10530Southside Logistics$100,000.0024%$24,000.00
PC-24-10544Universal City Movers$42,500.0024%$10,200.00
PC-24-10561Live Oak Cold Storage$18,000.0024%$4,320.00
Total due$38,520.00
Carrier bordereaux

Sample documents. Producers, insureds and amounts are fictional.

CBaaS

Commission Billing as a Service: our commission engine as an API. Your systems send it policy and payment events, and it sends journal entries and payouts to the accounting and payments systems you already use.

CBaaS APIIllustrative request
POST /v1/policy-events
{
  "policy": "PC-24-10530",
  "event": "bind",
  "effective": "2026-11-03",
  "premium": 100000.00
}
201 Created
{
  "ledger": { "entries": 8, "balanced": true },
  "payables": [
    { "payee": "Carrier A",  "amount": 24000.00 },
    { "payee": "Carrier B",  "amount": 24000.00 },
    { "payee": "Carriers C–E", "amount": 12000.00 },
    { "payee": "Producer 1", "amount": 24000.00 },
    { "payee": "Producer 2", "amount": 16000.00 }
  ],
  "journal_entry": "JE-2026-11-0412",
  "payout_batch": "PB-2026-11-05"
}

Storytold

Coming soon.

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