PIAIS P&C Admitted Carrier Access Program
PIA Insurance Services has an expanded Property & Casualty Admitted Carrier Market Access Program for PIA members and PIAIS-insured agencies offering you access to more than 50 admitted companies, and it just another benefit of being a PIAVA/DC member. If you need P&C admitted carrier markets in VA & DC, PIA Insurance Services has your solution. Member-agents own their book of business, and earn all available commission (meaning PIAIS takes none of your MGA commission split) on new and renewal business written through the providers in this program.
With a growing cadre of 50 standard P&C flagship companies, your PIAIS program offers admitted carrier access for start-up agencies; agencies needing a specific admitted carrier's product for a one-of-a-kind client; agencies that wish to "try out a new carrier" or work with a carrier on a limited basis without an appointment, and L&H agents interested in doing some P&C business. PIAIS' program provides participating PIA agents with fast turnaround time on quoting and agents own their own book of business. Direct carrier appointments are not required. Participating admitted market sources (8 MGAs) provide participating PIA member-agencies with fast quoting, rating, all back office service, claims and client support, and will work with PIA members to get the applications completed correctly and fully for carrier underwriting. Carrier sources include Johnson & Johnson, MarketSource of Ohio; All Risks; Sadler Insurance Agency; Commonwealth Underwriters; Royal Oak; Agents Insurance Markets and Atlantic Specialty Lines. A simple OnLine application for each provider is required. Existing MGA relationships are grandfathered for all new admitted business through this program. PIAVA/DC and PIAIS strongly endorse these program benefits for all member-agents and insured agencies.
Contact Lori Reed at PIAIS - 804/264-2582 - or LReed@piavadc.com for full details.
Johnson & Johnson: One of PIAIS’ P&C admitted carrier access providers, Johnson & Johnson (J&J), is a full service, family-owned, certified MGA founded in 1930, operating out of Charleston, SC, that specializes in serving independent agents. J&J’s current list of admitted carriers includes: Travelers Commercial Lines; Hartford; USLI (EPLI only); QBE Group; American Modern PL (habitational only); Scottsdale Personal Lines only, Colony (commercial, garage, only, admitted Oct 1, 2009); AmTrust and Berkshire Hathaway for Workers’ Comp; ACE, Chartis (old AIG Private Client Group for coastal H/O); CV Starr and Fireman’s Fund. Note that some carrier names are familiar names in the E&S market, but the admitted business segments of these companies are limited to specific admitted risk categories through PIAIS’s program. J&J’s has an online application process that provides a rated, bindable quote, which is direct billed by the carriers, including premium financing as needed. J&J will takes apps via fax, phone or online. J&J virtually guarantees a one-day turnaround on quoting. For agencies accepted into the program, J&J retains all overrides and contingencies. J&J has sole discretion to appoint and to terminate agencies in the program. Existing J&J agent relationships with PIA members in VA and DC are grandfathered in the program. J&J provides participating agencies with quoting, rating, all back office service, claims and client support, and will work with PIA members to get the applications competed correctly and fully for carrier underwriting. A major attraction for agents is J&J’s customer service promise: call in by 2 p.m. gets a response by 5 p.m. same day – J&J will call you back that day.
MarketSource: MarketSource was founded in 2005 by a group of independent agents in Ohio, with the assistance of the Ohio PIA. The company is an LLC owned by 59 member independent insurance agencies and 3 state PIA associations. MarketSource’ mission is to help independent agents write more business and level the playing field between local agents and larger brokerage houses. MarketSource is not an open brokerage. In order to access MarketSource markets, each member agency is screened for professionalism and profitability. Over 500 independent agencies have joined the MarketSource family in Ohio, Indiana, Kentucky, and now Virginia. MarketSource will finish 2010 with $40 million in written premium through our markets. It pays top commission (in some cases 100%) and agents retain 100% ownership of their business, with no non-competes or restrictive covenants. MarketSource member carriers include: American Modern, Chubb, CNA, Great American Property and Inland Marine, Great American Specialty Human Services, Merchants, Ohio Casualty, RLI, Safeco, Seneca, SH Smith, Travelers, and Victoria/Titan Insurance. MarketSource is a profitable, debt-free, agent-owned organization dedicated to furthering the cause of the local independent agent by bringing access to quality standard market insurance companies.
Atlantic Specialty Lines: Atlantic Specialty Lines, Inc was formed Sept 1, 1996 - splitting off from Markel Corporation. After starting with a small $5mil book of business in 1996, it has grown organically and through acquisitions to over $ 80,000,000 in brokered premium with 4 offices. Its retail partners have teamed up to expand ASL’s appetite from writing a few E&S lines to now offering over 250 product lines and representing over 50 of the strongest rated carriers in our industry. ASL’s experienced and reliable underwriters will partner with retailers to find proper risk solutions for their clients and friends. Each risk will be underwritten properly and the coverage's and exclusions will be explained in detail to eliminate any questions , concerns or potential E & O situations. ASL underwriters collectively know their markets very well, so ASL can provide the proper tailor made coverage for the exposures of each risk it works on. Atlantic Specialty Lines, Inc is a "one stop" wholesale operation offering Admitted and Non-admitted carriers to our retailers for the complex risks to the easy "vanilla" insurance needs. In addition, ASL does not have any premium volume commitments for our agents. ASL is here to meet retailers needs whether it is for one or one hundred policies a year. ASL’s on - line rating & binding web portal , appropriately named SIMPLE-RATES (www.simple-rates.com), offers Personal and Commercial lines quotes on non-admitted and admitted products, where you can quote , bind and pay in three easy steps. Atlantic Specialty Lines, Inc was the first E&S broker to launch personal lines products close to 10 years ago. Itts expertise and experience in this area is unmatched by any other competitor in the Mid-Atlantic. While most of ASL business in placed into A rated surplus lines carriers, it has access into 15 admitted carriers with products ranging from commercial packages and auto liability to professional lines & workers comp. ASL underwriters will assist you in assessing the risk exposure and finding the appropriate carrier and coverage with staying away from just "slot placing" your important clients. ASL’s President and founder has over 40 years in the Virginia Insurance industry and has been committed to building ASL to be one of the best wholesalers in Virginia. ASL underwriters are educated in the Mid-Atlantic exposures and have experience in helping you place your clients risks with financially stable Admitted and Non-admitted carriers. The ASL underwriting team takes pride in offering quality service and do not act as "order takers" like so many others in today's market. This commitment is the main reason ASL is financially strong and growing in spite of the struggling economy and tough insurance market. ASL looks forward to assisting you and your clients with insurance solutions.
Sadler Insurance Agency: The Sadler Insurance Agency Wholesale Personal Lines division is committed to helping agents retain and grow their affluent personal lines accounts. Currently SIA works with a variety of brokers on the east coast. SIA’s wholesale division can provide your agency with access to Chartis Private Client Group, Chubb Masterpiece, Fireman’s Fund, Travelers, LexElite surplus lines and GeoVera Specialty. SIA’s specialty is the High Net Worth/High Value homes arena. Most of SIA carriers will write homes starting at $500,000 for Coverage A, but they are most competitive when the homes are over $1 Million (even better in the $3M and up category), or there are several lines of business. SIA can also provide Excess Liability up to $100M and coverage for all the “toys” that often come with these accounts (including yachts). Many of the carriers will write waterfront property. SIA surplus lines carriers can cover the more unusual situations that admitted markets may not want in their portfolios, and coverage A for those homes can range from $100K to $5M. SIA is also licensed in 40 states to allow you to write the entire account, no matter where the homes are located. Quoting business with SIA is a very easy process. Simply email the risk location with pertinent information, dwelling coverage, alarms, losses etc, or an accord application and SIA does the rest. Most quotes are generally turned around within 48 hours, depending on the complexity of the risk. Signed Accord Applications are required only at the time of binding a quote request. Another advantage to working with The Sadler Insurance Agency – there is no minimum volume commitment. SIA brokered agents receive 10% of premiums written on standard business. SIA does not require any exclusive contracts or volume of business. To write business with SIA, an agent only needs to supply a copy of the agency’s VA license, a copy of the agency’s E&O dec page, and a signed W-9 form. Please go to the SIA website, www.sadlerinsurance.com, and click on the “agent/broker portal” for more information.”
Agents Insurance Markets: Established in 1979, Agents Insurance Markets, Inc. is a locally owned managing general agency serving independent agents within the states of Virginia and North Carolina. AIM’s goal is to make your job easier, by offering you alternative markets outside the realm of your standard companies. AIM’s commercial property and casualty, transportation, and personal lines departments are offering many coverage’s on an admitted basis. AIM can offer Manufactured homes, RV/Travel trailers, Watercraft including Jet skis, Motorcycles, Dwellings, Inland Marine for Equipment/Contractors Equipment, Professional/E & O, Transportation, Dump trucks, Wreckers, Day Care Vans, Local/Intermediate Truckers just to name a few. AIM’s dedication and experience have enabled it to establish relationships with some of the premiere insurance companies in the industry that cater to the unusual and hard-to-place risks. AIM’s professional staff is committed to service, but they do not want to limit you. Your office also has access to 24/7 on-line quoting in personal lines and multiple property and casualty lines. Let AIM’s underwriters use their knowledge and flexibility to help you offer your clients the coverage they need in today’s changing world. Please pick up the phone and give us a call, we look forward to hearing from you very soon! President William “Sandy” Jackson, Jr. at sandy@aim-ins.com.