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Commission Software

GreenWave

Commission management software that automates commission processing for MGAs, brokers, agents and carriers

By SPI Software Solutions

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About GreenWave

Commission management for insurance distribution

GreenWave is commission management software that the vendor says relieves a large administrative burden carried by MGAs, brokers, agents, carriers and support staff.

Automating commission data

Once commission data processing is automated through GreenWave, the vendor expects an immediate, positive effect on profitability. The work moves from manual handling to the software.

Benefits claimed by the vendor

The company points to lower overhead, more capacity, an end to payment discrepancies with carriers and stronger loyalty among producers. Producers are the agents and brokers who sell the policies, so accurate and prompt commission payments matter to the relationship with them.

TrustList summary

GreenWave is commission management software for the insurance trade. It automates the handling of commission data, reducing the administrative load on the people who process it every day.

Main features

  • Commission processing: automates commission calculation and data handling.
  • Discrepancy control: aims to remove payment mismatches with carriers.
  • Lower overhead: the vendor says automation cuts overhead and frees capacity.
  • Producer relations: the vendor links reliable payment to loyalty from the producer channel.

The vendor says that once commission data is processed automatically, a company sees a quick improvement in profitability.

Clients

Managing general agents (MGAs), brokers, agents, carriers and their support staff, who share the workload of reconciling commission figures.

Key facts

  • Category: commission management software
  • Focus: insurance distribution

Summary written by TrustList from the business's own published information, Nov 2026.

Categories & features

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