Eagle
Agency
The Eagle Agency is a Managing General Agency (MGA) created exclusively
for IIABA members. It is a national IIABA program that offers Travelers
personal lines markets and is administered by IIABA’s Agency Administrative
Services, (AAS), to provide members easy access to competitive personal
lines insurance products. These markets include an Automobile, Homeowners,
Homeowners Condominium Policy, and Renters Insurance Coverage. The Eagle
Agency program offers 10% commissions along with profit sharing and ownership
of expirations. For more information or to apply, call P.J. Peters
or Jodie Bacota with the Eagle Agency at (800) 221-7917.
Flood
Insurance Programs
IIABA endorses The Gulf Agency to service flood insurance business.
The Gulf Agency offers free zone determination, free rating software and
free phone quotes and does all the work on rollover books of business.
The Gulf Agency pays higher commissions for AIIA members and extra commissions
for volumes of $40,000 and up. To sign up for the program, call The
Gulf Agency at (800) 392-8028.
Personal
Umbrella Policy
Through IIABA, AIIA and RLI offer a stand-alone umbrella designed
for agents to sell to their clients that does not require the insured’s
underlying policies to be written by RLI. Limits up to $5 million are available
and RLI pays 10% commission on new and renewals to participating agents.
RLI is a leading niche insurer rated ‘A’ excellent by A.M. Best Company.
For more information, call Tangy Underwood with AIIA at (205) 326-4129.
In-Home
Business Policy
IIABA and RLI provide members the opportunity to offer clients an
in-home business policy for almost 100 classes of business. RLI offers
stand-alone convenience and general liability coverage limits up to $1
million, premiums starting as low as $150 and significant commission dollars
(12%) on new and renewals for participating agents. For more information,
call Tangy Underwood with AIIA at (205) 326-4129.
Excess
Personal Umbrella Policy
IIABA and Anderson & Murison (A & M) offer a stand-alone
excess personal umbrella policy that is written in the standard line market
with competitive pricing that may be written over auto, personal liability,
water craft, recreational vehicles and underlying umbrellas. A & M
offers liability limits of $1 and $2 million without special underwriting,
but also has limits up to $20 million under special circumstances and/or
special rating. A & M also offers 10% commissions on new and renewals
for participating agents. For more information, call Vickie Stenhouse
with IIABA at (800) 221-7917.
Employment
Practices Liability
IIABA offers an employment practices program for agents to sell
through Employers Reinsurance Corporation (ERC) that provides excellent
coverage for defense, whether the action against your client is groundless,
a retaliatory act, or one which the court might deem justifiable.
Participating agents earn 10% commission on new and renewals. For
more information, call AIIA at (205) 326-4129.
Work
Comp Market
AIIA and Comp Edge offer a work comp market for all AIIA members
to sell at very competitive rates that pays 6% commission. For more information,
call Fax-On-Demand at 1-877-669-1872 and request document #2006.
Premium
Finance Program
AIIA offers a premium finance program through Independent Finance,
a limited liability company owned by AIIA. This program makes insurance
more accessible for agency customers and is available as another potential
profit center for independent agencies. This program offers flexible down-payment
schedules, competitive rates, software generated agreements, and provides
excellent customer support. They also offer commercial equipment financing,
hardware & software leasing, accounts receivable financing and commercial
real estate financing for which they pay referral fees on all funded transactions.
For more information, call AIIA at (205) 326-4129.
Long Term Care
Insurance Program
AIIA offers a Long Term Care Insurance program through LTC Associates,
Inc. Coverage is underwritten through a nationally known provider
of Long Term Care Coverage, PFL Life, A member of the AEGON Insurance Group,
an A+ rated company by A.M. Best and AAA by Standard and Poors. As
members of AIIA, you are in a position to offer this coverage to your clients,
as well as your employees, for both groups and individuals. Members
are eligible for discounted rates and simpler underwriting which extends
to family members. Agents are paid 50% commission on first year premiums
and 3% on renewals and average premiums range from $3500 - $4000/year for
commercial accounts and $700 - 800/year for individuals. Call Joe
Paul Abbott with LTC Associates, Inc. at (205) 884-1670 more information
or to sign up for the program. |
