Pathwork Launches AI Commissions Engine for Insurance Brokerages
Pathwork announced in a press release the launch of Commissions Engine, an AI platform for managing commissions at life and annuity insurance brokerages. The platform is available through an early access program, with Highland Capital Brokerage and Pickett Group among its initial users.
Commissions Engine retrieves carrier statements, validates line items and calculates expected carrier payments. It reconciles payments, flags missing or underpaid commissions and applies brokerage schedules, hierarchies, splits and overrides to calculate producer compensation.
The platform also forecasts revenue by policy and expected payment date. Pathwork says it covers more than 7,000 insurance products from over 250 carriers and connects with Salesforce, AgencyIntegrator, SmartOffice and OneHQ.
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