Producers

Insurers often work with producers, which are business entities that find potential policyholders and assist in the policy issuance process. For the value they add to the business, producers are paid commission. Commission is typically some percent of the premium of the policies they help to underwrite.

Producer information is usually maintained in the policy administration system and shared with BillingCenter when the producer is created.

For more information, see Producers and commission.

You can query for, create, and modify producers using Cloud API. You can also work with related entities such as producer codes, producer contacts, and statement invoices.