I'm thinking about the Pacific Palisades fire, and assuming many, if not all, are covered with an non-admitted carrier. Catastrophic loss, some homeowners may not be covered if insolvent
Anyone had this issue ?? I am an insurance producer, and I am not appointed with any admitted insurance companies. I want to get quotes and each time when i contact to those 2-3 wholesale brokers that finally got appointed, they send me surplus only , and if you want to bind then they require to fill our diligent effort form that most states require. Essentially, I have to prove that I reached out to 3-5 admitted insurance companies they declined the applicant and that is why i am forced to seek coverage in surplus line markets. I am new in business and not appointed with any admitted insurance company, so i do not even have any admitted carrier to reach out. So how I am suppose to fill out diligent effort statement? What exactly should I say when filling it out to ensure it gets approved?"
Congrats. Insurance is a great industry. I think a lot of brokerages are hiring new producers. They will even train them... LinkedIn's probably a good place to start.
I'm thinking about the Pacific Palisades fire, and assuming many, if not all, are covered with an non-admitted carrier. Catastrophic loss, some homeowners may not be covered if insolvent
Easy to understand! thank you for sharing!
Thanks!
Helpful and Simple !!!
Thank you for this video!
Thank you!
Thank you!
Very informative.
Maybe a little quieter music. But thank you for your content.
Thank you!
Just found your channel and love your easy to understand content. May I suggest you get rid of the background music though. 🙂
Thanks 🍻
Anyone had this issue ??
I am an insurance producer, and I am not appointed with any admitted insurance companies. I want to get quotes and each time when i contact to those 2-3 wholesale brokers that finally got appointed, they send me surplus only , and if you want to bind then they require to fill our diligent effort form that most states require. Essentially, I have to prove that I reached out to 3-5 admitted insurance companies they declined the applicant and that is why i am forced to seek coverage in surplus line markets. I am new in business and not appointed with any admitted insurance company, so i do not even have any admitted carrier to reach out. So how I am suppose to fill out diligent effort statement? What exactly should I say when filling it out to ensure it gets approved?"
The music distracts from a greast message. Thank you for sharing and educating us.
Appreciate the feedback!!
How can I get in without no experience? I just recently got my p&c L&h license and working as independent agent selling life insurance.
Congrats. Insurance is a great industry. I think a lot of brokerages are hiring new producers. They will even train them... LinkedIn's probably a good place to start.
Apply to a wholesaler as a broker asst. Ie burns & Wilcox, rt, AmWINS, etc
I don’t like the music. Takes out the focus of the subject
Fair enough... Yeah I gotta work on that.