Welcome to SnapRefund’s product spotlight newsletter where we showcase the powerful features of SnapRefund’s products!
In this first issue, we’ll talk about how AgentSnap empowers insurance agents with auto-remittance of premiums, taxes, and fees to upstream entities like carriers, wholesalers, MGAs, and brokers.
When an agent enables auto-remittance of premiums while creating their invoice in AgentSnap, the associated insurer (carrier, broker, GA, etc) will be paid automatically once their policyholder’s invoiced payment settles in the agent’s bank account; saving precious time and protecting them from potential insufficient funds chargebacks.
Auto-remittance can be enabled or disabled on a per-policy basis by checking the auto-remit toggle button at any time: even after a policyholder’s payment settles!