Businessowners' Policy (BOP), Workers' Compensation (WC), Commercial Flood Insurance, Cyber Liability Insurance, General Liability and Professional Liability
BOP: 15% new business and 12.5% renewal
WC (Highly Preferred Classes): 14% new and 10% renewal
WC (Preferred/Standard Classes): 12% new and 10% renewal
WC (Non-Preferred Classes): 10% new and 8% renewal
Flood: 10% new business and 8% renewal
GL and PL: 15% new and 12.5% renewal
Cyber: 15% new and 15% renewal
Commissions paid by Carrier
All lines of business noted above are available in the state of Maryland.
The Attune agency agreement is between Independent Market Solutions (IMS) and the carrier. When you agree to and e-sign the subproducer agreement during this application process, you also agree to the instructions, guidelines, policies, and procedures contained in the agency agreement.
Personal Lines - Auto (renters as an endorsement on auto), Home (umbrella as an endorsement on the home)
Auto & Home Bundle: 15% - New; 13% - Renewal
Monoline Home or Auto 1: 13% - New; 11% - Renewal
Monoline Renters 2: 13% - New; 11% - Renewal
Auto & Renters Bundle 3: 13% - New; 11% - Renewal
Branch has temporarily suspended partnering with new agents in Maryland.
The Branch agency agreement is between Independent Market Solutions (IMS) and the carrier. When you agree to and e-sign the subproducer agreement during this application process, you also agree to the instructions, guidelines, policies, and procedures contained in the agency agreement.
Business Owners Policy (BOP), General Liability (GL), Professional Liability (PL)
How to Quote Small Business Insurance Quickly with Coterie (video)
TOP 100 Business Classes Where Coterie writes 100% Businesses
For BOP/GL/PL: 15% new and renewal
Commissions paid by Independent Market Solutions
BOP and GL are available in all states
PL is currently available in all states except: CO, FL, IL, LA, MA, MN, MT, NH, NY, ND, VT, VA
The Coterie agency agreement is between Independent Market Solutions (IMS) and the carrier. When you agree to and e-sign the subproducer agreement during this application process, you also agree to the instructions, guidelines, policies, and procedures contained in the agency agreement.
Cyber
Admitted and A Rated
Excluded Classes
Utilities, Satellite Communications, Data Processing, Hosting, Aviation, Cannabis, and Public
Colleges and Universities, Accounts with claims.
Limits from $50,000 to $5,000,000
Accounts up to $100M in revenue
Instant quote, bind, issue
Direct bill
12%
Commissions paid by Carrier
Admitted coverage in AZ, CA, CO, GA, IN, IA, IL, MI, MN, MS, NE, NV, OH, OR, PA, TX, UT, WI.
cowbell_ims_mga_authorization_and_appointment_agreement_7_2020_1_-signed-certificate21.pdf
Business Owners Policy (BOP), Commercial Automobile, Commercial Umbrella
Varies by line of business and class of business with an average of 16%.
Commissions paid by Independent Market Solutions
Business Owners Policy (BOP) and Commercial Umbrella – Delaware, Maryland, North Carolina, Pennsylvania
Commercial Automobile – Maryland and Pennsylvania
Commercial Automobile and Commercial Umbrella are not available on a monoline basis.
The Frederick Mutual Insurance Company agency agreement is between Independent Market Solutions (IMS) and the carrier. When you agree to and e-sign the sub-producer agreement during this application process, you also agree to the instructions, guidelines, policies, and procedures contained in the agency agreement.
Personal Jewelry
20% on new business (fully complete submissions)
10% on renewals and endorsements
Commissions paid by Carrier
Available in all states and DC (approved but currently not writing in Kentucky)
Individual item limit $500,000; Schedules $2.5 million (higher limits available)
Minimum premium $50 (Worldwide coverage)
No blanket coverage
Special perils (All Risk) coverage including mysterious disappearance
No-deductible standard coverage (100/250/500/1000 available)
Exposure rated
Older appraisals (typed) acceptable
The JIBNA (Jewelry Insurance Brokerage of North America) agency agreement is between
Independent Market Solutions (IMS) and JIBNA. When you agree to and e-sign the sub-
producer agreement during this application process, you also agree to the instructions,
guidelines, policies and procedures contained in the agency agreement
Millers Mutual is the Premier writer of single & multifamily housing investment properties, garden-style apartments, off-campus student housing, row homes and affordable housing which is written on a BOP.
13% New and 13% Renewal – Secondary IMS Appointment
10% New and 10% Renewal – Riverside Brokerage Option (No production commitment)
Commissions paid by Independent Market Solutions
Available statewide
Note: E&O minimum coverage of $1MM/$2MM is required.
Millers Mutual Insurance Company agency agreement is between Independent Market Solutions (IMS) and the carrier. When you agree to and e-sign the subproducer agreement during this application process, you also agree to the instructions, guidelines, policies, and procedures contained in the agency agreement. Contract will be provided after appointment approved by Millers Mutual.
Personal Lines: Pet Insurance
Prudent Pet offers Comprehensive Accident & Illness plans or Accident-Only plans, with the ability to customize coverage and pricing options that work best for your customer’s budget. Pet insurance works on a reimbursement basis. The customer pays the vet directly, then submits their bill and we reimburse eligible expenses.
Annual limits from $2,500 to Unlimited
Deductibles from $100 to $1,000
Reimbursement Rates at 70%, 80% and 90%
Optional Coverage add-on’s include: Veterinary Exam Fee Coverage and/or Optional Wellness Coverage.
All Lines- 18% new business, 10% renewal
Commissions paid by Carrier
Personal Lines: Prudent Pet insurance is available statewide. Company requires a minimum of 100 policyholders for appointment consideration.
The Prudent Pet agency agreement is between Independent Market Solutions (IMS) and the carrier. When you agree to and e-sign the agreement during this application process, you also agree to the instructions, guidelines, policies, and procedures contained in the agency agreement.
General Liability, Liquor Liability & Assault & Battery for Hospitality Risks are written with Clear Blue Specialty and United National Group. Franchise Food General Liability and Property plus WC are written with Crum & Forster Specialty Insurance.
Clear Blue Specialty General Liability 10% new and 10% renewal.
United National General Liability 10% new and 10% renewal.
Crum & Forster General Liability, Property and WC 10% new business and 10% renewal.
Commissions paid by Carrier
General Liability, Liquor Liability & Assault & Battery for Hospitality Risks is available in all states except for VT and the District of Columbia DC. The Franchise Food package is written in all 50 states.
The RMS HG agency agreement is between Independent Market Solutions (IMS) and RMS Hospitality Group. When you agree to and e-sign the sub producer agreement during this application process, you also agree to the instructions, guidelines, policies, and procedures contained in the agency agreement. Note some programs and Excess and Surplus Lines.
(Personal Lines Only) Automobile, Homeowners, Dwelling Fire, Specialty Lines
Auto – up to 10% New and Renewal
Home – up to 16% New and Renewal
Specialty Lines – Varies depending on product. Available upon Request
Commissions paid by Independent Market Solutions
Agency is operational for a minimum of 3 years.
Agency must operate and maintain a retail location for their operation
Size of agency staff 3+
Agency preferably has and follows a formal written business plan
Automation is in place. Agency management system as well as a comparative rater.
Agency has a personal lines focus, with a strong quote flow, and an appetite to grow their agencies preferred auto and umbrella insurance.
Minimum new business expectation is 2-3 preferred auto/umbrella sales a month with Travelers.
Profitable with current carriers
Agency committed to using Travelers Customer Care Center(CCC) Program
The Travelers agency agreement is between Independent Market Solutions (IMS) and the carrier. When you agree to and e-sign the subproducer agreement during this application process, you also agree to the instructions, guidelines, policies, and procedures contained in the agency agreement. Contract will be provided after appointment approved by Travelers.
Workpartners provides workers’ compensation insurance for all industries except for contracting, trucking, oil, and gas.
14% New 14% Renewal
Commissions paid by Independent Market Solutions
Workpartners will consider new ventures with a minimum premium of $750. See target risk classes here.
High Mods considered
Our current retention rate is 94% vs the industry average of 85%
Lower than industry caseloads with an average of more than 20+ years of experience per adjuster
93% of claims closed in 18 months
Dedicated local Underwriter that handles New and Renewal Accounts
Dedicated Account Managers and Risk Control Managers
Workpartners agency agreement is between Independent Market Solutions (IMS) and Workpartners Insurance. When you agree to sign the sub producer agreement during this application process, you will also agree to the instructions, guidelines, policies and procedures contained in the agency agreement.
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