Propcot
A P&C insurance system for MGAs and program administrators, with commission at the center.
| Line | Payable |
|---|---|
| Net payable | $4,175.50 |
- Hinge point
- Bind
- Ledger
- Commission $2,760.00: D. Ruiz $1,656.00, J. Okafor $1,104.00
Everything a program runs on
Quoting and binding, multi-risk policies, endorsements, renewals and application tracking. Every policy, quote, claim and property record in one place. With audit trailing at every step.
Invoices, installment plans, surplus lines tax, stamping, policy and inspection fees, calculated from the policy and kept in step with every endorsement and cancellation.
Agent and agency hierarchies, splits, tiers, overrides, bonuses and chargebacks, posted to a ledger, with each payee seeing a clear statement of their own.
Claims handling from first notice to close, attached to the policy and the insured. With loss run reports a click away.
A custom report builder and dashboards by producer, carrier, program or period. Export what your carriers ask for without rebuilding it each month. Produce reports for internal measurements easily.
- Hill Country Managing AgencyOverride, 2% of premium
- Team RuizTeam book, $1.2M written this year
- Dana Ruiz15%, rising to 17% above $1M
- J. Okafor15%, splits 60/40 with D. Ruiz
- Team HaleTeam book, $640K written this year
- Marcus Hale12%
- Priya Nand15%
Payout: monthly on the 5th, chargebacks netted against the next statement.
Six months, side by side
Setup is quick. Onboarding is planned for six months, because we’d rather build a relationship than hand off a login. You get a development team that learns your programs and agreements, configures Propcot to fit, and keeps shipping updates.
No ticket queue that never answers, and nobody disappears once the invoices start.
- Day one
Onboarding
We have our implementation coordinator work with your primary point of contact to plan and start the onboarding. An integration specialist will be available as needed.
- Months 1–2
Data mapping and migration
Your policies, producers and history, mapped and moved from your current system.
- Months 2–3
Configuration
Programs, rules, hierarchies, taxes and fees, set up to match your agreements.
- Month 4
A parallel run, then live
We run a closed period side by side with your old process, then switch over.
- Months 5–6
Refine and tune
Through month six we work with your team on processes and workflows until they fit.
- Month 7 on
Ongoing support
Updates keep shipping, and we’re still a phone call away once onboarding ends.
A typical plan. Every program’s timeline is set together on the onboarding call.
What a customer says
“Propcot’s world-class automation tools have significantly reduced errors while saving our staff valuable time, allowing us to better serve our clients. … Without a doubt, Propcot is the best insurtech company I have ever worked with.”
See Propcot on your data
A 15-minute intro call with someone from the team that builds it. Tell us how your program runs today.