Getting Information on Your Policies

AgencyComp uses a Policy Import Template to import your policy information. This template is an Excel spreadsheet that you complete with basic policy details.

Before you begin:

1. Download the Policy Import Template at the bottom of this page.
   
2. Review the template to understand which fields are required.
   

For the smoothest experience, we strongly recommend working one carrier at a time when gathering and importing policy data.

Common sources for policy and commission information include:

1. Your carrier commission statements
   
2. Your IMO, FMO, or BGA
   
3. Your carrier representative or the carrier’s commissions department
   

Understanding Your Compensation

To accurately track commissions, it’s important to understand how, when, and how often you are paid by each carrier.

AgencyComp uses Comp Plans to define commission structures. You can choose one of two approaches:

1. Create a Full Comp Plan, or
   
2. Use Temporary Comp Plans during import
   

For important details, review the Understanding Comp Plans When Importing Policies document.

Full Comp Plans

If you choose to create full comp plans:

1. Comp plans should be created before or during the policy import process.
   
2. Plans should be specific to the policies you are importing.
   
3. The exact comp plan name must be entered into the Policy Import Template for each policy.
   

Temporary Comp Plans

If you choose to use temporary comp plans:

1. Policies can be imported quickly without fully defined schedules.
   
2. You can complete or update comp plan schedules after the import.
   
3. Policies with incomplete plans will be clearly identified so they can be finalized later.
   

Additional Compensation Types

In addition to base policy commissions, you may also receive compensation from:

1. Overrides (your own business and downline business, if applicable)
   
2. Riders
   
3. Bonuses
   

Each type of compensation requires its own comp plan.
For example, if you earn both a base commission and an override on the same policy, you will need two separate comp plans. After creating them, enter the appropriate comp plan name next to each policy in the import template.

Adding Policies After Your Initial Import

Once your initial policies are imported, adding new policies is fast and straightforward.
As with your first import, we strongly recommend gathering and importing policy information one carrier at a time.

Policy Import Help

AgencyComp provides:

1. Step-by-step written instructions
   
2. Training videos
   
3. Detailed documentation on comp plans, policy imports, and commission imports
   

If you would like hands-on assistance, we also offer a paid onboarding service to help you get started quickly and accurately.  Visit the Onboarding Service section for more information.