What POS Software does for a insurance broker
A POS rings up each sale, takes M-Pesa and cash, prints a receipt and updates stock in one step. For a insurance broker, the value shows up exactly where the work is hardest.
Insurance brokers track client policies, insurer relationships, commissions and claims. Insurance broker margins come from commissions on placed policies.
Clients and insurers expect transparent placement and fair claims handling. Veira handles that as part of the same sale, so compliance is not a separate evening job.
Insurance Brokers run differently, and the software should too
A generic till misses the details that decide whether a insurance broker makes money. These are the ones that matter:
- 1
The daily reality
Client relationship and policy tracking. POS Software built for a insurance broker turns that into a number you can act on, and you also sell in seconds on a phone, tablet or the free Veira terminal.
- 2
Where the margin leaks
Commission tracking from multiple insurers. POS Software built for a insurance broker turns that into a number you can act on, and you also take Buy Goods, Paybill and Pochi la Biashara payments at the till.
- 3
What slows the counter
Claims follow up and settlement. POS Software built for a insurance broker turns that into a number you can act on, and you also keep selling offline and sync the moment the network returns.
- 4
What buyers expect
Compliance and licensing. POS Software built for a insurance broker turns that into a number you can act on, and you also file a compliant eTIMS invoice on every sale automatically.
What to look for in POS Software for a insurance broker
- Offline mode that keeps the queue moving during outages. This matters for a insurance broker because of client relationship and policy tracking.
- M-Pesa built in so payments reconcile themselves. This matters for a insurance broker because of commission tracking from multiple insurers.
- eTIMS filing included, not a paid add on. This matters for a insurance broker because of claims follow up and settlement.
- Live reports you can open from your phone. This matters for a insurance broker because of compliance and licensing.
A notebook and a basic till, or Veira
| Notebook or basic till | Veira | |
|---|---|---|
| Counting stock | By hand, rarely matches the shelf | Live by item, branch and value |
| M-Pesa at the counter | Checked on a separate phone | Matched to each sale automatically |
| eTIMS invoices | Typed in later, if at all | Filed on every sale, even offline |
| Knowing your numbers | A monthly guess | Live margin and takings on your phone |
A real insurance broker example
A Nairobi insurance broker with 200 clients cannot track policy placements, commissions or claims.
- Client relationship and policy tracking.
- Commission tracking from multiple insurers.
- Claims follow up and settlement.
- Sell in seconds on a phone, tablet or the free Veira terminal.
- Take Buy Goods, Paybill and Pochi la Biashara payments at the till.
- Keep selling offline and sync the moment the network returns.
Every sale on Veira files a compliant KRA eTIMS invoice, online or offline. Clients and insurers expect transparent placement and fair claims handling.
A POS rings up each sale, takes M-Pesa and cash, prints a receipt and updates stock in one step. Here is what that looks like with Veira:
- Sell in seconds on a phone, tablet or the free Veira terminal
- Take Buy Goods, Paybill and Pochi la Biashara payments at the till
- Keep selling offline and sync the moment the network returns
- File a compliant eTIMS invoice on every sale automatically
Related questions
Frequently asked questions
Is POS Software hard to set up for a insurance broker?
Does it keep working offline?
Does it handle M-Pesa for a insurance broker?
Is it KRA eTIMS compliant?
How much does POS Software cost for a insurance broker in Kenya?
Can it run more than one insurance broker?
Based on KRA eTIMS regulations and interviews with 5,000+ Kenyan businesses
Whether you run one insurance broker or several across Kenya, Veira gives you point of sale that fits the trade instead of fighting it. Book a free demo and see it work with your own insurance policy placement.