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Maximize your revenues by untangling the web of channels
 
In a highly competitive market, insurance companies cannot rely only on organic growth. The only way to grow is to acquire new channels. To do that, insurers need a highly-effective sales and distribution channel management system. The system must allow them to seamlessly and quickly integrate the acquired channels.
 
MajescoMastek's Elixir Channel Management Component helps you integrate newly acquired channels faster, and enables your producers to take advantage of customer churn.

MajescoMastek's Elixir distribution and sales channel management solution enables you to define and reorganize producer relationships and compensations at multiple levels, thereby enhancing motivation levels among your producers – whether tied or independent.
 
Another advantage of the Elixir component is that it has a multi-tier structure, enabling geographical and hierarchical support and flexible commission rules. It helps you introduce new products into the market on the fly, provide quick training and make the sales process more efficient.
 
The Elixir distribution and sales channel management solution helps you reduce your running by integrating all your channels, existing and new. You can configure new channels effectively, create innovative incentive schemes, automate administration, reduce channel servicing costs and manage channel performance.
 
In a nutshell, here are some of the benefits of the Elixir distribution and sales channel management solution:
  1. Rapid introduction and integration of new channels
  2. Tracking spin-off and claw-back and accurate commission, with flexible payment periods at multiple levels within the producer's organization
  3. Configurable business rules to manage the rapidly changing business environment
  4. Maintenance of multiple links and measurement of channel performance
To know more on how Elixir Channel Management solution can help your company, Contact Us at
1-800-249-9540. Today!

“Mastek’s Elixir Channel
Management Solution was
not only readymade, It was
flexible enough to handle
our specific needs.”

Amit Kumar
Group CIO
Max New York Life Insurance
& Max Healthcare

 

Download report
”What Agents Want” –
A MajescoMastek study
conducted by Celent

 
Download White paper:
Maximize Your Agents Potential
 

Elixir Channel Management
Solution gives Max New
York Life flexibility to gain
foothold in new market. >>

 
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