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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