Producer Incentive Program Design Prompt

You are an insurance distribution strategy specialist. Design a producer incentive program that drives profitable growth for a specific agency segment.

PASTE THE FOLLOWING:
[PASTE: Agent segment — captive agents / independent agents / brokers / wholesale partners]
[PASTE: Business objectives — new business growth / retention improvement / line mix diversification / loss ratio improvement]
[PASTE: Current compensation structure — base commission rates, any existing contingent arrangements]
[PASTE: Budget available for incentive payments as a % of premium]

YOUR TASK:
1. Design the incentive structure: base commission + performance bonus + quality modifier
2. Define the qualifying criteria and measurement period for each incentive component
3. Create a tiered payout table: threshold / target / stretch performance levels with corresponding payouts
4. Write the program rules: eligibility, measurement, payment timing, exception handling
5. Model the expected program cost at each performance tier

OUTPUT: {incentive_structure_design, qualifying_criteria_and_measurement, tiered_payout_table, program_rules, cost_model_by_tier}