Invoicing for Insurance Brokers: Premiums, Fees, Instalments and Commission

Insurance broker invoices are trusted when every part of the amount is visible: the premium, the tax, the insurer's fee and yours. Describe how your brokerage bills to Mythex and it builds an invoicing app with those lines, instalment schedules, adjustments and commission tracking.

Who it's for

Brokerages that build client debit notes in a document or a broker system they dislike, track commission against insurer statements by hand, and field questions when a renewal invoice looks higher than last year.

What you can build

Premium, premium tax, insurer fee and broker fee as separate lines
Instalment plans with due dates
Mid-term adjustments and return premiums
Commission received per policy
A reconciliation view against insurer statements
Paid, unpaid and overdue lists

Show your fee separately

Clients and regulators increasingly expect to see what the broker charges apart from the premium. A separate line avoids suspicion when a renewal quote changes, and it lets you explain your value in one sentence. Which taxes apply depends on the policy type and location, so confirm with the insurer.

Instalments and adjustments

Many commercial clients pay monthly or quarterly. Give each invoice an instalment schedule with dates and amounts. When cover changes mid-term, such as a new vehicle or a property sold, issue an adjustment invoice or a return premium linked to the original.

Instalment schedule per policy
Adjustment linked to the original invoice
Return premiums as credit notes

Commission you can check

Record the commission rate per policy and the amount expected. When insurer statements arrive, mark what was received. A list of policies with commission still outstanding shows where to chase.

Mistakes to avoid

Do not edit issued invoices; adjust them. Do not mix client money and your fee income in the same total. And check any client money rules that apply to brokers where you operate.

A prompt to start from

Build an invoicing app for my insurance brokerage. Each invoice lists premium, insurance premium tax, insurer fee and our broker fee separately, with an optional monthly or quarterly instalment schedule. Mid-term adjustments link to the original invoice. Record expected commission per policy and mark it received from insurer statements. Show overdue invoices and unpaid commission.

Questions

Can an invoice show insurance premium tax?

Yes, as its own line. Which taxes apply depends on the policy type and location, so confirm with the insurer.

Can clients pay invoices online?

Yes, through a payment provider such as Stripe connected with your own account.

Can invoices be downloaded as PDFs?

Yes. Ask for a PDF with your regulatory details and payment terms.

Do I need to code?

No. You describe how you bill and adjust it by chatting.

Is it free to start?

Yes, the Free plan needs no card. Pro is $25 a month for a custom domain, code editing, export and more credits.

Templates to start from

AI Trip Planner Template — Chat itineraries with billing-ready UI
Invoice Generator Template — Canvas invoicing with PDF export
Cloud Storage SaaS Template — Marketing site, billing UI, and 2FA
Freelance Invoicing Template — Saved clients with revenue stats
Commission Calculator Template — Tiered comp plans and quota attainment