Innovator Plan
The innovator plan is a pure technology plan that can be used flexibly by companies in the life insurance distribution chain.
Cost
There are three components to the pricing of the innovator plan: a one-time setup fee, a per agent fee, and a per submitted application fee.
The one-time setup fee is currently $3,000 unless you're accessing the innovator plan through an affiliated BGA partner with an enterprise level innovator plan contract.
The per agent fee is currently $79/month/user with an annual commitment or $99/month/user with a monthly commitment.
The per submitted application fee is currently $29.
Revenue
With the innovator plan, you can use any contracting channel and manage commissions by yourself.
Functionality
The innovator plan provides access to the client and agent facing technology of the White Swan platform.
With the innovator plan, you manage operations by yourself, but can also choose to outsource certain product lines to White Swan.
To support you we do however offer paid services in developing custom features and providing technical & operational support.
Who this plan is for
The innovator plan can be a good choice for life insurance companies outside the United States or companies who are deeply inserted in the industry and who are operating under complicated contracting structures.
Generally, these types of company's enjoy the digital agent plan:
Broker General Agency (BGA)
Independent Marketing Organization (IMO)
Broker Dealers (BD)
Life Insurance Carriers
Life Insurance Re-Insurers
Life Insurance Insurtechs
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