Carrier/Vendor Agreements
* If there is nothing in the compensation column it means the carrier is only rolling premium up for profit sharing
** Please remember to keep this confidential. This information should not be shared outside of the network.
Carrier Agreements
** Please remember to keep this confidential. This information should not be shared outside of the network.
| Company | Compensation Agreement |
|---|---|
| Accident Fund Insurance Company | 9% new and renewal. 3% new business over-ride on all accounts under $150,000 |
| Acuity Insurance | |
| Aegis | |
| American Modern Insurance | |
| AmTrust | |
| AmTrust Financial Services, Inc. | |
| AmWins Access | 12.5% commission, .5% 0-20%, .75% 20-30%,1% 31%+ growth |
| Amwins Brokerage | |
| Associated Insurance Administrators (AIA) | 8.5% commission 1% over-ride to Fortified |
| Auto-Owners Insurance Company | Standard profit sharing. If unprofitable one year - 2% guarantee. 1 % if unprofitable 2 years. 0 if 3 years |
| AXA Art | |
| Bailey Special Risks Inc | 1% addl commission to agent/1% override paid quarterly |
| Berkley Aspire | |
| Berkley Asset Protection | |
| Berkley Financial Specialists | |
| Berkley Fire & Marine | |
| Berkley Management | $1-$250K = 2%, $250 - 500K = 3%, 500 - $1mm = 4%, $1mm+ = 5% |
| Berkley Southeast Insurance Group | PS guarantee 1.5%. Goes to 2.5% at $35-$45 million |
| Berkshire Hathaway GUARD Insurance Companies | .5% over-ride on all written premium paid quarterly |
| Branch | |
| Bristol West | |
| Builders Mutual | |
| Burns & Wilcox | Binding Authority Business - 12% new 11% renewal commission. 20% growth - 1%, 30% growth 1.5% bonus |
| Chubb | |
| Church Mutual | |
| Columbia | $250,001 - $500,000 = 1%, $500,001 - $750,000 = 2%, $750,001+ = 3% |
| Connected Risk Solutions | |
| Cowbell Cyber | 15% new and renewal commission/1% over-ride to Fortified |
| Donegal Insurance Group | |
| EMC Insurance | |
| EMPLOYERS | |
| FCCI Insurance Group | |
| Foremost Insurance | |
| Frankenmuth Insurance | Greater of actual profit share earned or 1% Guaranteed minimum with 5% growth and a 2% minimum with 10% growth |
| Genessee General/JenCap | +5-10% - .25%, +10-15% - .5%, 15+% - 1%. Comm - Transport-10%, Garage-11%, Non broker P&C-12.5% |
| Grange Insurance | |
| Great American Insurance Property & Inland Marine Division | |
| GuideOne Insurance | 5% over-ride |
| Hanover Insurance Group | |
| Intact Insurance | |
| IntergrityPeo Brokerage | |
| Johnson & Johnson | PL & CL 12.5% commission new and ren. 1% over-ride to Fortified |
| Liberty Mutual Insurance | 5% NB over-ride if we hit $250K by end of September. Over-ride runs through Dec 31st. AL, MS & TN only |
| LUBA | |
| Main Street America Insurance | $325 -$349,999 - 5%, $350 - $399,999 - 6%, $400,000+ - 7% |
| Markel | |
| Murfee Meadows | |
| National General | |
| National Security | |
| Nationwide Insurance | |
| Nationwide Private Client | |
| North Point Underwriters | 13.5 % comm, Brokerage - 12% comm/1% Over-ride, .5% Brokerage |
| Openly | |
| Penn National Insurance | Gold Penn Level & 3.5% Commercial Lines NB over-ride paid quarterly |
| Propeller Bonds | 2.5% override new & renewal paid quarterly |
| RLI Surety | Marketing Fee 3-7% |
| RT Specialty | 10%-20% growth = .25%, 20% -30% growth = .5%, 30%-40% growth = .75% 40%= growth = 1% over-ride |
| Ryan Specialty | 10%-20% growth = .25%, 20% -30% growth = .5%, 30%+ growth = 1% over-ride |
| Safeco | |
| State Auto Insurance | |
| State Auto Farm & Ranch | |
| Stead Point | 15% commission and 1% over-ride |
| The Hartford | |
| The Milner Group | 90% of over-ride to members. 10% to Fortified |
| Travelers | Contingency - CL 4% Floor; PL standard profit sharing agreement |
| Utica | $250K + - 2%, 500k + - 3%, $1 mm + - 5% |
| West Bend | |
| Zenith Insurance Company | 1% over-ride on total WP paid biannnual at .5% in March and August |
| *** To be a partner carrier they must at minimum allow | |
| all Fortified members to roll up for profit- sharing*** | |
| Company | Services Offered |
| Accelerate 2 Compliance | Info Security & Compliance Sol |
| Accucomp | WC Mod & Claims Mgmt |
| Applied/Epic/EZLynx | Agency Mgmt System |
| BLR | Online Safety & HR Risk Mgmt |
| CoverDesk | Virtual Ins. Processing Team |
| EZ Lynx | Comparative Rater |
| Imperial PFS | Premium Finance |
| InsurBanc | Agency Loans |
| iiX/Verisk | MVR Ordering System |
| iWin/The Wedge | Build a high growth agency |
| KPA | Risk Mgmt Tools |
| LRS | Loss Run Procurement |
| Lexis Nexis | Work Comp Lead Database |
| Logically | Cyber Security Consultants |
| Marble Box | Virtual Ins. Service Team |
| Mineral | HR & Compliance Experts |
| Rhodian | Cyber Security Consultants |
| Talage | CL Comparative Rater |
| Vertafore | Agency Mgmt System |
| Vertafore/Agency Zoom | Integrated Sales Pipeline Tool |
| Zywave/Partner Platform | Agency Mgmt System |
| Zywave/Loss Control Portal | Risk Mgmt Tools |
Vendor Agreements
** Please remember to keep this confidential. This information should not be shared outside of the network.
| Company | Services Offered | Status | Vendor Agreement |
|---|---|---|---|
| Accelerate 2 Compliance | Info Security & Compliance Sol | 12.5% of signed monthly recurrent revenue on going | Yes |
| Accucomp | WC Mod & Claims Mgmt | $195 0-9 EE's $300 10-19 EE's , $350 20-29 EE's, $450 30-39 EE's, $600 40+ | Yes |
| Applied/Epic/EZLynx | Agency Mgmt System | 40% off regular cost of mgmt system, 20% off addl users, waive set up fee | Yes |
| BLR | Online Safety & HR Risk Mgmt | 10% discount - $1,124 per year | Yes |
| CoverDesk | Virtual Ins. Processing Team | $500 discount off set up fee for members | Yes |
| EZ Lynx | Comparative Rater | 50% off regular agency fee, 10% off addl user fee, waive set up fee | Yes |
| Imperial PFS | Premium Finance | .50 % of fee to Fortified, Agent can add fee to contract. | Yes |
| InsurBanc | Agency Loans | Competitive rates, Expertise in all agency loans | Yes |
| iiX/Verisk | MVR Ordering System | Special Discount for members - % depends on the number of MVR's ordered | Yes |
| iWin/The Wedge | Build a high growth agency | $7,500 Onboard fee and $3,000 annually per producer and coach | Yes |
| KPA | Risk Mgmt Tools | $1,000 per client (5 client minimum) | Yes |
| LRS | Loss Run Procurement | $400 annually - over 50% discount of regular rate | Yes |
| Lexis Nexis | Work Comp Lead Database | $1,500 (3 users 15,000 leads) $4,000 (3 users 30,000 leads) Addl states $295 | Yes |
| Logically | Cyber Security Consultants | 10% discount for members and clients. Member must register client | Yes |
| Marble Box | Virtual Ins. Service Team | Revenue Share of 2% - 6% depending on commission generated | Yes |
| Mineral | HR & Compliance Experts | 30% disc for Fortified Members $140 per agency EE per mo. Unltd Customers | Yes |
| Rhodian | Cyber Security Consultants | Yes | |
| Talage | CL Comparative Rater | $175 per month unlimited users | Yes |
| Vertafore | Agency Mgmt System | 40% discount for Fortified Members moving to Vertafore $200 per user | Yes |
| Vertafore/Agency Zoom | Integrated Sales Pipeline Tool | 30% discount for Fortified Members, $159-$249 per month based on package | Yes |
| Zywave/Partner Platform | Agency Mgmt System | $2,500 (no data conversion)/ $5,500 (W/data) $390 per month (3 users) | Yes |
| Zywave/Loss Control Portal | Risk Mgmt Tools | Client Cloud Business Suite - P&C $3,500, Unlimited Users | Yes |
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