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At the close of each month, the Accounts Department initiates the reconciliation process by reviewing the Uninvoiced/Pending Commission Report. This report provides a breakdown of all business placed across various insurer branches where commissions remain outstanding.

While booking a policy, when it comes to setting the brokerage receiveable, there are 2 configurations: 1. Rule Based: Here,

Policy custom fields enable brokers to gather additional policy-specific and insurer-specific details that SIBRO does not provide by default.

Client custom fields empower a broker to capture additional information of a Client that SIBRO does not ask for out of the box.

Understanding and accurately recording long-term policies is crucial for maintaining IRDA compliance and ensuring precise financial reporting. This article will guide you through the correct procedures for handling long-term policies in SIBRO.

In cases where a customer walks in directly or prospecting is managed outside SIBRO, creating an Upcoming Prospect and converting it each time can be time-consuming and misaligned with the workflow.

In India, policy booking starts with the Premium Transaction. Elsewhere, it begins with a Policy Request, followed by Policy Issuance, with the Premium Transaction occurring 30-45 days later.

Learn how to effectively manage lost business by marking prospects as lost, analyzing reasons, and restoring them if they return. Streamline your workflow and insights!

Easily record follow-ups via notes, WhatsApp, or email for each prospect. Use dispositions to categorize prospect stages, ensuring organized tracking and efficient sales management.