We offer several programs that are designed for producers to share in the underwriting profits generated from the sale of extended service contracts and insurance.
Profit Sharing Program
– Bonuses based on the volume of contracts written, which increase as the written volume grows;
– A profit-sharing bonus based on the underwriting profits on the business a producer submits; premium
allocation grows as the producer's written volume grows
Reinsurance Program
– A producer owned reinsurance company assumes the full experience of the underwriting performance
on the book of business the producer writes
– Producer has the opportunity to maximize underwriting profits, plus earn investment income on the
reserves held to pay claims
– MBA will assist in the set-up or formation of the reinsurance company if needed
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