Rudd and Wisdom, Inc.
Software Division

9500 Arboretum Blvd., Suite 200
Austin,TX 78759
Main Phone: (512) 346-1590
Main Fax: (512) 345-7437
info@ruddwisdomsoftware.com

Take Care of Your Sales Agents -
Customized Settings and Flexible Hierarchies

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QL.Admin is a one-of-a-kind insurance policy administration system designed to make agent payment and statement processing organized and intuitive.

Why is QL.Admin innovative?

QL.Admin focuses on traditional and interest sensitive life insurance, health insurance and annuity products and has all the processing and reporting features of an expensive policy administration system. You get the best of both worlds at an affordable rate.

How flexible is the Agent Maintenance function?

With agent maintenance, flexibility is built-in. As many as 100 agents may be assigned to a single policy, permitting your company to have an extensive hierarchy of agents and commission payments. Commission rates may be set up to vary by agent level and by plan code allowing riders to pay different commissions than base plans. Commission rates can be a set as a percent of premium or a percent of face amount and can be calculated at the same time.  Agent reserves and advances can also be customized with specific settings. Call 512-346-1590 to schedule a demo.

Agent maintenance allows for various parameter settings to customize an agent’s commission advances, charge backs, reserve account funding, establishment of hierarchy schemes, tracking of 1099 earnings, and creating agent balance reports and commission statements.

Other valuable system functions are:

• Maintain and edit agent contract information including agent level, status, hierarchy, assignment of commissions, minimum payment amounts, advancing criteria, chargeback rules, reserve accounting, and licensing information.
• View premiums and commission earnings separated into first year or renewal amounts for the prior period, the current period, and year-to-date.
• Calculate, edit, and add manual payments to or from agents to be included on the periodic statements.
• Produce periodic statements with complete accounting of premium payments, earned commissions, advances, charge backs, and agents' accounts.
• Create agent statements in a .pdf format for easy electronic distribution.
• Process agent payments by check or by direct deposit.
• Generate agent 1099's on paper and on disk for electronic filing with the IRS.
• Update real time balances and calculations.
• Print agent reports and policy displays.

QL.Admin will show you a new way of managing your agents and their book of business - one that makes policy administration more efficient and affordable. Call us today at 512-346-1590 to schedule a demo.