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Leading Industry Analyst Firm Rates Incentives Solutions ‘Promising’ in Insurance Incentives Compensation Management Market

Ratings are published in latest MarketScope report on Insurance ICM in December 2012

Tel Aviv, Israel, March 12, 2013 – Incentives Solutions (www.incentives-solutions.com), a leading provider of SPM Solutions and Technologies , today announced that it has been rated as ‘promising’ by Gartner, the world’s leading information technology research and advisory company, in the Insurance Incentives Compensation Management Market*. Gartner granted Incentives Solutions a ‘Promising’ rating, based on Gartner’s evaluation criteria of customer experience, viability, product roadmap  and  vertical strategy.

The research team headed by analyst Steven Lee reported that in the past 12 months, the global market showed a 23% growth for new implementations across life, health, and property and casualty (P&C) insurance.

The expertise of Incentives Solutions in managing agent agreements and commission payments provides insurance companies with added value in assigning agents’ objectives and quota, increasing transparency as well as automating invoicing processes

“We are delighted to be recognized by Gartner in this growing and dynamic market for

Sales performance Management solutions”, commented Tal Frank, CEO of Incentives Solutions, “Managing commission plans and performance of insurance agencies and distribution channels is one of the most complex and challenging areas in the insurance and financial services business. The successful implementation of our solutions creates a significant high value for our customers, as well as a quick ROI. Regulation, dynamic market and the need to be effective and cost-efficient than ever before, require a dedicated expert system and hence we see increasing demand for our solutions in this area.”

For more information please see www.incentives-solutions.com.

*Gartner, Inc., MarketScope for Insurance Incentive Compensation Management, Steven Leigh, December 20, 2012.

About Incentives Solutions

Incentives Solutions is a global provider of flexible and comprehensive performance measurement and incentive pay best-of-breed systems that increases both employee and channel partners’ results driven motivation, while significantly decreasing administrative and IT costs.

The user friendliness and flexibility of the products enables rapid Return on Investment (ROI), low Total Cost of Ownership (TCO), and full compliance with financial regulatory requirements.

Our clients include: Amdocs, AIG, Coca Cola, Nestle, Orange, Nextel del Peru, Bezeq, Cellcom, Ayalon Insurance, Phoenix Insurance.

Founded in 2002, Incentives Solutions streamlines employees’ performance management, Sales and Service Performance Management (SPM) and thereby delivers the most innovative solutions on the market.
Company website: www.incentives-solutions.com.

About the MarketScope

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.