Agency/Broker Profile Form

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AGENCY/BROKER PROFILE FORM

Name __________________________________________________________________________

Mail address _____________________________________________________________________

________________________________________________________________________________

Location address _________________________________________________________________

________________________________________________________________________________

ITEMS:

1. 19__ 19__ FORECAST 19__

Written premiums $________ $________ $________

Gross commissions $________ $________ $________

 

2. Estimated Agency Mix of Business - Property/Casualty

PERCENTAGE OF TOTAL

19__ 19__ 19__

Fire/Allied/Marine ________% ________% ________%

Crime/Fidelity/Glass ________% ________% ________%

General Liability ________% ________% ________%

CPP/BOP/Package ________% ________% ________%

Commercial Auto ________% ________% ________%

Workers Compensation ________% ________% ________%

Other Commercial Lines ________% ________% ________%

Personal Auto ________% ________% ________%

Homeowners ________% ________% ________%

Other Personal Lines ________% ________% ________%

TOTAL 100 % 100 % 100 %

 

3. Estimated Agency Overall Loss Ratio

19__ 19__

Personal Lines ________% ________%

Commercial Lines ________% ________%

4. Total Number Of:

Personal Lines accounts _______

Personal Lines policies _______

Commercial Lines accounts _______

Commercial Lines policies _______

5. Commercial Accounts: Five Largest, written Premium

1. $___________

2. $___________

3. $___________

4. $___________

5. $___________

6. Staffing: Total Number Includes Principals

NUMBER % OF TIME SPENT

A. Personal Lines customer service

representative or underwriter ___________ ___________

B. Personal Lines clerical support ___________ ___________

C. Commercial Lines customer service

representative or underwriter ___________ ___________

D. Commercial placer ___________ ___________

E. Commercial clerical support ___________ ___________

F. Data input ___________ ___________

G. Receptionist/secretary ___________ ___________

H. Accounting/billing ___________ ___________

I. Outside sales personnel: total ___________ ___________

1. Principals - number ___________

Time breakdown: Principal Principal Principal

No. 1 No. 2 No. 3

Sales _________% _________% _________%

Administrative _________% _________% _________%

Written premium

directly handled $_________ $_________ $_________

2. Nonprincipal producers - total number ___________

No. of

Salaried accounts Written premium Gross commission

No. 1 ___________ $____________ $____________

No. 2 ___________ $____________ $____________

No. 3 ___________ $____________ $____________

No. of

Commissioned accounts Written premium Gross commission

No. 1 ___________ $____________ $____________

No. 2 ___________ $____________ $____________

No. 3 ___________ $____________ $____________

 

NOTE: If an employee or producer works in more than one area, allocate the percentage of time spent in each area.

7. What companies does your agency represent?

Current year Current year Loss

Name written premium gross comm. ratio %

A. ________________ $_____________ $_____________ ______%

B. ________________ $_____________ $_____________ ______%

C. ________________ $_____________ $_____________ ______%

D. ________________ $_____________ $_____________ ______%

E. ________________ $_____________ $_____________ ______%

F. ________________ $_____________ $_____________ ______%

G. ________________ $_____________ $_____________ ______%

8. Are you on a restricted-writing basis with any of the above? This question includes situations in which a contract or a portion of the contract has been withdrawn-that is, there is no longer an ability to write Personal Lines, but the ability to write Commercial Lines still exists, or a company has appointed the agency for Commercial Lines only.

____ Yes ____ No

If yes, please describe the circumstances on a separate page.

9. Please provide a breakdown of premium written by carrier on the following basis (only major carriers-or you may attach last year company loss runs if that is easier):

Current year: ___________

CARRIER A _________________________________

Personal Lines (Written premium/loss ratios):

Personal Auto Homeowners Other

$____________ ________% $____________ ________% $____________ ________%

Commercial Lines (Written premium/loss ratios):

CMP/BOP Commercial Auto Workers Comp

$____________ ________% $____________ ________% $____________ ________%

 

CARRIER B _________________________________

Personal Lines (Written premium/loss ratios):

Personal Auto Homeowners Other

$____________ ________% $____________ ________% $____________ ________%

Commercial Lines (Written premium/loss ratios):

CMP/BOP Commercial Auto Workers Comp

$____________ ________% $____________ ________% $____________ ________%

 

CARRIER C _________________________________

Personal Lines (Written premium/loss ratios):

Personal Auto Homeowners Other

$____________ ________% $____________ ________% $____________ ________%

Commercial Lines (Written premium/loss ratios):

CMP/BOP Commercial Auto Workers Comp

$____________ ________% $____________ ________% $____________ ________%

 

10. What companies did your agency represent in the last previous year?

Previous year Previous year Loss

Name written premium gross comm. ratio %

A. _______________________________ $_____________ $_____________ ______%

B. _______________________________ $_____________ $_____________ ______%

C. _______________________________ $_____________ $_____________ ______%

D. _______________________________ $_____________ $_____________ ______%

E. _______________________________ $_____________ $_____________ ______%

F. _______________________________ $_____________ $_____________ ______%

G. _______________________________ $_____________ $_____________ ______%

 

Please provide a breakdown of premium written by carrier on the following basis (only major carriers-or you may attach company loss runs, if that is easier):

First previous year: ___________

CARRIER A _________________________________

Personal Lines (Written premium/loss ratios):

Personal Auto Homeowners Other

$____________ ________% $____________ ________% $____________ ________%

Commercial Lines (Written premium/loss ratios):

CMP/BOP Commercial Auto Workers Comp

$____________ ________% $____________ ________% $____________ ________%

 

CARRIER B _________________________________

Personal Lines (Written premium/loss ratios):

Personal Auto Homeowners Other

$____________ ________% $____________ ________% $____________ ________%

Commercial Lines (Written premium/loss ratios):

CMP/BOP Commercial Auto Workers Comp

$____________ ________% $____________ ________% $____________ ________%

 

CARRIER C _________________________________

Personal Lines (Written premium/loss ratios):

Personal Auto Homeowners Other

$____________ ________% $____________ ________% $____________ ________%

Commercial Lines (Written premium/loss ratios):

CMP/BOP Commercial Auto Workers Comp

$____________ ________% $____________ ________% $____________ ________%

 

 

Remarks: _______________________________________________________________________

  1. What companies did your agency represent in the second previous year?

 

Previous year Previous year Loss

Name written premium gross comm. ratio %

A. _______________________________ $_____________ $_____________ ______%

B. _______________________________ $_____________ $_____________ ______%

C. _______________________________ $_____________ $_____________ ______%

D. _______________________________ $_____________ $_____________ ______%

E. _______________________________ $_____________ $_____________ ______%

F. _______________________________ $_____________ $_____________ ______%

G. _______________________________ $_____________ $_____________ ______%

 

Please provide a breakdown of premium written by carrier on the following basis (only major carriers-or you may attach company loss runs, if that is easier):

Second previous year: ___________

CARRIER A _________________________________

Personal Lines (Written premium/loss ratios):

Personal Auto Homeowners Other

$____________ ________% $____________ ________% $____________ ________%

Commercial Lines (Written premium/loss ratios):

CMP/BOP Commercial Auto Workers Comp

$____________ ________% $____________ ________% $____________ ________%

 

CARRIER B _________________________________

Personal Lines (Written premium/loss ratios):

Personal Auto Homeowners Other

$____________ ________% $____________ ________% $____________ ________%

Commercial Lines (Written premium/loss ratios):

CMP/BOP Commercial Auto Workers Comp

$____________ ________% $____________ ________% $____________ ________%

 

CARRIER C _________________________________

Personal Lines (Written premium/loss ratios):

Personal Auto Homeowners Other

$____________ ________% $____________ ________% $____________ ________%

Commercial Lines (Written premium/loss ratios):

CMP/BOP Commercial Auto Workers Comp

$____________ ________% $____________ ________% $____________ ________%

 

 

Remarks: _______________________________________________________________________

 

12. Is the agency automated? _____ Yes _____ No

If yes, what brand of hardware is used? ____________________________________________

13. What software system do you use? (Include company provided rating and product software.) If you use a service, please name the provider. ____________________________________________________________________________

____________________________________________________________________________

 

14. Did you design your own software or have someone custom design it for you? ____________________________________________________________________________

How long ago? _____________________

15. What agency functions does your automation system perform? (Check those that are applicable.)

rating _______ quoting _______

word processing _______ customer base _______

expiration lists _______ prospect database _______

marketing _______ demographic information _______

Accounting/client activity:

customer billing _______

accounts current _______

company direct-bill tracking _______

check writing _______

profit and loss statement _______

balance sheet _______

receivables report with aging included _______

complete client files, including history, coverage, etc. _______

CD-ROM, imaging, capability, etc. _______

other _______________ _______

 

For the principal:

16. What is your perception of agency automation programs? (Check those that are applicable.)

A. Too much work for the benefit received _______

B. Too complicated and too confusing _______

C. Too costly _______

D. Don't trust information provided _______

  1. No opinion _______

F. We don't really get much benefit from it because we don't use if fully _______

G. I don't know how to use it _______

17. Is the agency interfaced with any carriers? If so, which ones and for what lines? ____________________________________________________________________________

____________________________________________________________________________

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