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Why Partner With SIAAC?
- Access to a $4.6 billion national insurance distribution
network
- Provides the Insurance Company with the ability to grow
profitable premium writings in accordance with their business
plan in all regions of the country
- Complete flexibility to select Master Brokerages &
Independent Strategic Members on an appointment basis, by
product line, niche and/or geographic location
- SIAAC and Master Brokerages monitors growth & profitability
for all codes on a monthly basis
- SIAAC has stable contractual relationship with our Master
Brokerages
- Master Brokerage has strong contractual relationships
with Network Brokerage Members relative to guaranteeing
quality production and remedies to loss ratios that are
not acceptable
- Insurance Companies benefit from stable relationships
and book retention
- Lowers Company marketing expense due to the Master Brokerage's
"middle man" role
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for Insurance Companies |
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QUALITY CONTROL
SIAAC Members at all levels are contractually required to adopt
the SIAAC Quality Control Standards
Program. This is a unique program and differentiates
SIAAC from any other brokerage network. The Quality Control Program
is a detailed and extensive program that is key to all phases of
Network development, including:
- Front-line underwriting of all business marketed to and placed
with SIAAC Strategic Partner Companies.
- A committed and proactive pursuit of long-term, profitable relationships
between the SIAAC Strategic Partner Companies and Master brokerages.
- Equal distribution of all profit-sharing contingencies to prevent
adverse selection
- Contractual covenants prohibiting the acceptance of third party
brokered accounts
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