As a result of switching to Britecore as our new operating system, you will receive (up to) two (2) Commission Statements and (2) Commission Checks per month.
Policies that have ‘renewed into’ Britecore will be on one Commission Statement which is automatically emailed to you (and looks VERY different from what you are used to seeing). Policies that have NOT renewed into Britecore will be included in on the old statement.
One change you will notice in the new system is that in order to include a commission on the statement the premium has to be paid AND the policy be effective. In the old system, commissions were paid solely of the occurrence of premium payment regardless of when the policy became effective.
This new accounting wrinkle (of which is based in the software) may reduce your commission amount for the first month or so until the accounting catches up with the premium flow.