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Billing Considerations for Insurance Brokerage
Use of Insurance Brokerage impacts the consumption of credits used for billing in these usage types.
| Usage Type | Usage Type Description | Notes |
|---|---|---|
| Commission Management | Usage is based on the number of commission statement line items that are processed by the Insurance Brokerage. | Commission Management usage isn’t reported in Digital Wallet. Your usage statement will be sent through email on a monthly basis. For details about how the Commission Management usage type is billed, see the Brokerage Credits Rate Card. |
| Agency Billing | Usage is based on the number invoices created or updated by the Insurance Brokerage. | Agency Billing usage isn’t reported in Digital Wallet. Your usage statement will be sent through email on a monthly basis. |
| Policy Servicing | Usage is based on the number of policies issued, renewed, or endorsed by the Insurance Brokerage | Policy Servicing usage isn’t reported in Digital Wallet. Your usage statement will be sent through email on a monthly basis. |
For details about how the Commission Management, Agency Billing, and Policy Servicing usage type is billed, see the Brokerage Credits Rate Card.
For more information on how usage is billed, refer to your contract or contact your account executive.
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