According to Varicent, for more than 20 years, Sentry has been using a customized, in-house compensation management solution. While the system was able to calculate commissions, bonuses and management incentives, it required heavy IT involvement and was cumbersome to maintain and update. Sentry is looking to increase business user ownership of the application and reduce the dependence on IT.
"Sentry selected Varicent's solution because it provides a rules-based approach to managing our complex sales compensation plans," said Rick Wittmann, Marketing Director, Sentry Insurance. "With Varicent, we will be able to offer our sales force increased compensation transparency; in addition, we are enhancing the sales compensation department's productivity and effectiveness, as a result of replacing old legacy systems and spreadsheets with the Varicent solution."
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According to the latest telematics report, 43% of fleets anticipate a significant impact from AI on fleet safety within the next three years.
October 2 -
The European Insurance and Occupational Pensions Authority said multiple coverage areas are likely to be impacted as temperatures rise, including medical costs and income protection.
October 1 -
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Marketplaces such as Kin, Insurify and Employers consider whether the AI agent's ability to help them reach more customers outweighs potential distortions to the quotes and prices they provide.
October 1 -
Trust is associated with higher retention and lower likelihood of shopping around for new insurance, according to the JD Power 2026 U.S. Home Insurance Study.
October 1 -
The goal is not to find every place an MGA could use AI but where AI can materially change what the business is capable of doing and then measure whether it actually does.
October 1
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