Producer Commissions

Commission Information

Are you looking to refresh a stale portfolio and increase your revenue? You’ve come to the right place.

We offer a competitive introductory commission rate and specialty health insurance products to meet your customers’ evolving needs. As a producer for Tokio Marine HCC – MIS Group, you’ll also receive personalized service via your dedicated account executive and sales and marketing support designed to help you succeed.

Keep reading to learn what you should expect from your commissions and how to get paid.

What Percentage Commission Can I Earn?

You will receive 15% commission as a new agent. If you are a General Agency or Managing General Agency who contracts sub-agents, please contact Kristen Kaweck to determine whether you qualify for an increased commission percentage.

You may also be eligible for increased commission rates as you grow your production.

When Will I Receive My Commissions?

You earn commission on an application once the policy goes into effect. We pay commissions monthly on the third-to-last business day of each month.

You may choose a bimonthly payout if:

  1. You set up direct deposit and
  2. You have earned at least $100 in commissions

We issue bimonthly payouts on the second Wednesday of each month.

How Do I Set Up a Wire Transfer or Direct Deposit?


Wire Transfer

Wire transfers are available for international accounts. You must maintain an average of $1,000 in commissions each month to be eligible for a repetitive wire transfer.

Click here to access the wire transfer payment direct deposit form.

Please send the completed form to accounting@hccmis.com or fax it to 317-221-8075.


Direct Deposit

You also have the option to set up a direct deposit account with us.

Click here to access the ACH payment direct deposit form.

Please send the completed form to accounting@hccmis.com or fax it to 317-221-8075.

NOTE: If you are not set up with direct deposit, you will continue to receive paper checks in the mail to the address we have on file.

How Do I Check My Commission Totals?

The most efficient means to check your up-to-date commission totals is to visit Producer Zone and follow these steps:

  1. Log into your account.
  2. Click "Service Tools" in the main menu.
  3. Click the “Commission Statements” option in the drop-down list.
  4. From there, you will be able to see your statements reported by year. 

Contact your Account Executive if you have questions regarding your commission. Please wait until after the end of the month when all commissions have been posted to inquire about the current month’s commission.

 

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