Glossary¶
- Appointment¶
The regulatory filing authorising a producer to write business for a specific writing company in a specific jurisdiction.
- Attainment¶
Actual production measured against a target — percentage, pace (ahead / on track / behind) and forecast — recomputed from ingested data.
- Audit trail¶
The append-only record of consequential actions (filings, contract events, alert triage, hierarchy moves…), visible on the producer’s activity tab.
- Background check¶
A screening order placed with a partner provider (or recorded manually) against a producer, with a clear / consider / failed outcome.
- Base currency¶
The tenant’s functional currency: the default for new money records and the target that cross-currency totals are converted into using the tenant’s exchange rates.
- Book transfer¶
Moving all of a producer’s active downline links to another producer of record in one operation.
- Bulk job¶
A mass operation run in two phases — validate (a dry run that classifies every row as ready, skipped or invalid) and commit. Nothing is written until the commit is confirmed.
- Carrier company¶
An individual NAIC-registered writing company belonging to the tenant (as opposed to the tenant’s group-level carrier profile).
- CE¶
Continuing education — the training hours a producer must complete per jurisdictional cycle to keep a license.
- Commission plan¶
The versioned rate card: rate lines (percentage or flat, optionally scoped by product, company, line of authority or tier) with an effective window. Signing its schedule contract locks the version; rates then change only by cutting a new version.
- Commission scenario¶
A what-if simulation of a proposed commission rate against historical data (baseline vs projected, with the delta).
- Commission statement¶
A per-producer statement for a period, built from ingested commission transactions; one statement per producer and period.
- Compliance alert¶
A monitoring-raised issue (license/E&O expiring or expired, CE deadline, …) with a severity, triaged open → acknowledged / escalated → resolved / dismissed.
- Compliance digest¶
The daily roll-up notification of new compliance alerts sent to owners and managers (and, separately, to producers for their own actionable items). Each alert is announced exactly once.
- Composite score¶
The weighted producer performance score built from the volume, productivity and compliance dimensions.
- Debt ledger¶
The append-only record of what a producer owes the tenant, per currency: advances, chargeback carry-forwards, recoveries and manual adjustments. Positive balance = the producer owes; corrections are offsetting adjustments, never edits.
- Distribution link¶
One upline → downline relationship between two producers; the active links form the distribution hierarchy. May carry an override rate.
- Draw agreement¶
A recurring advance paid to a producer against future commission. Recoverable draws post debt to the producer’s ledger when advances are posted; non-recoverable draws are informational.
- E&O coverage¶
The producer’s Errors & Omissions (professional liability) insurance. Current E&O is a market-access prerequisite.
- Exchange rate¶
A tenant-maintained, effective-dated conversion rate between two currencies. Conversions use the latest rate on or before the conversion date; a missing rate is surfaced, never guessed.
- Incentive award¶
One producer’s payout under a program for a period; moves pending → approved → paid.
- Incentive program¶
A reward scheme: bonus, contingent commission, profit share or contest.
- Incentive statement¶
A read-only roll-up of a producer’s incentive awards for a period, grouped by program with per-currency subtotals and a base-currency total.
- Ingestion batch¶
One inbound load of policy and/or commission data from a source system, with processing status and unresolved-row count.
- JIT appointment¶
A just-in-time appointment — filed automatically at the moment of first business rather than in advance, where regulations and tenant settings allow.
- Jurisdiction¶
A regulatory territory — a country or a subdivision (state, province, territory, region) — from the tenant’s reference data.
- License¶
A producer’s regulatory license to transact in a jurisdiction, with type (resident / non-resident / temporary), expiry and CE obligations.
A licensable line of insurance (Property, Casualty, Life, Accident & Health, …) attached to a license.
- Magic link¶
The passwordless portal sign-in: a one-time emailed link that expires after 30 minutes.
- Market access¶
The five-way readiness check (licensed, appointed, product authorised, E&O current, not terminated) deciding whether a producer can place a given product in a given jurisdiction.
- Membership¶
The link between a user account and a tenant, carrying the user’s role (owner, manager or member) in that tenant.
- Monitoring sweep¶
The scan of all active licenses and E&O coverages that raises compliance alerts; scheduled, or run on demand.
- NPN¶
National Producer Number — the industry identifier for a producer. Used to match ingested PAS data to producer records and to look producers up in external registries.
- Outbox event¶
An outbound domain event queued for webhook delivery; pending → published, or failed (dead-lettered) after 8 attempts.
- Override commission¶
The commission an upline earns on their downline’s production: a hierarchy link’s override rate × the written premium of every policy in the branch beneath that link.
- PAS¶
Policy Administration System — the external system of record for policies, quotes and billing that feeds tigerdistribute.
- Payability¶
The derived verdict — producer active, actively licensed, E&O current — signalling the PAS whether to pay the producer. Re-evaluated by the daily monitoring sweep; flips are published as webhook events.
- Payment run¶
The step that turns payable statements and approved awards into payout instructions — consolidating per currency, netting the producer’s debt at run time and applying their minimum payout. Fires inline for immediate-cadence producers or nightly on a weekly/monthly/quarterly cadence.
- Payout instruction¶
A payment run’s consolidated outcome for one producer and currency: the statements and awards it paid, gross, recovery applied and net pay, published to the PAS as a
PayoutInstructedV1event and tracked through published → acknowledged → paid (or held when payability is blocked or nothing is payable).- Plan assignment¶
The dated link putting a producer on a commission plan (effective-from, optionally until). Statements verify against the plan in force for their period.
- Plan cap¶
An optional per-period ceiling on a commission plan, in the plan’s currency. Commission above it is withheld on the statement (a withheld line) and the payable total drops to the cap; the rate-card expectation — and reconciliation — is unaffected.
- Producer¶
An individual agent or business entity (agency, sub-agency, GA, MGA) that distributes insurance products.
- Producer portal¶
The producer-facing self-service area (
/portal): compliance standing, finalized statements, contracts and book of business. Sign-in is by magic link only.Permission for a producer to distribute a specific product from the tenant’s catalog.
- Reconciliation¶
The expected-vs-received comparison on a commission statement; matched when the variance is zero, otherwise variance.
- Recovery¶
The portion of a statement’s gross withheld at settlement to repay the producer’s same-currency debt — the whole balance by default (full offset), or at most the tenant’s recovery cap per statement when one is configured.
- Registry sync¶
Looking a producer up in an external registry (NIPR, PDB, FCA, manual, CSV) by NPN and updating their licenses from the result.
- Roll-up¶
The rule that a producer-subject target counts the producer’s own production plus their entire active downline’s.
- Roster import¶
The bulk job that creates producers from a CSV keyed on NPN; existing producers are skipped, never overwritten.
- Schedule exhibit¶
The signable commission schedule contract rendered from a plan version’s rate table, usually attached to the producer’s master agreement as an exhibit.
- Split rule¶
An effective-dated rule giving a payee a fixed share of a writing producer’s base commission, optionally scoped to one product. Concurrent shares for one writer can never exceed 100%.
- Statement dispute¶
A producer’s question about a finalized statement (or one of its lines), raised from the portal; moves open → in review → resolved / rejected, with the resolution emailed back.
- Target¶
One goal line in a plan: a subject (producer, team or tenant), a metric, a target value (optionally stretch/floor) and optional product/jurisdiction scope.
- Target plan¶
A named set of production targets covering one period (annual, quarterly or monthly); moves draft → active → closed.
- Tenant¶
An organisation (carrier, MGA or agency network) with its own isolated space on the platform. All data belongs to exactly one tenant.
- Tier¶
A named score band defined by the tenant (for example Platinum 80–100), optionally carrying a commission-rate override. Producers are placed into a band from their composite score, or pinned to one manually by a manager.
- Upline / Downline¶
A producer’s parent in the hierarchy / the subtree of producers beneath them.
- Webhook endpoint¶
A subscriber URL (with signing secret) that receives the tenant’s outbound events.