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Agents

Agents

We understand you have a choice.  That is why Madison Avenue Insurance Group, Inc will consistently demonstrate our value by providing you the best policies, pricing and service available.   Our team is driven to assist you and your clients throughout the risk transfer process, working at exceeding your expectations and earning your continued business. 

Our goal at Madison Avenue Insurance is to help you write commercial business.

Our staff is here to help you

We do all of this for you in an easy, seamless, behind the scenes way!  Your clients don’t know we exist unless you want them to.

Madison Avenue Insurance Group has a specialized program for Farmers Insurance Agents to place their commercial insurance risks that don’t qualify for Farmers, into outside markets without putting their contracts in jeopardy.

We are currently licensed to write insurance in Washington, Oregon, Colorado, Texas and Utah with more to come.

Our goal is to be the #1 out source solution for your agency.  We have great markets, pricing, a below market fee structure and can finance insurance premiums.

Whatever your reasons for contacting us may be, we are here to help! Call us today toll free (866) 700-7510

AGENT OPTION #1
For agents new to commercial insurance or those that do not have the staffing to write commercial insurance, we can contact clients on their behalf to obtain all necessary information to procure a quote.  Additionally, we can present their client.  Agents are responsible for service work and obtaining renewal information.  This arrangement pays agents a 50% split commission.

AGENT OPTION #2
For seasoned commercial agents who are looking to place business with our direct markets or use our multitude of resources we offer either 10% commission for direct markets or 50% split on brokered business.  These agents have 100% of the contact with their clients.

Form W- 9
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CURRENT DIRECT MARKETS & PROGRAMS

The below main classes of business pay 10% commission.  There are many more miscellaneous commission based programs; talk to one of our commercial representatives for further information.

Contractors General contractors, roofing, siding, cement work, framing, excavation,  paper contractors and many, many more. “A” Rated Carrier.

Bank Owned Master Policies and Forced Placed Insurance Written on a reporting basis.  $1MM per location binding authority. Residential & Commercial risks qualify.  “A” Rated Carrier.

Commercial Earthquake- Qualifying Properties are 1973 and newer. $2500 Minimum premium. Easy quick quote form, 24 hour turn around time. “A” Rated Carrier

Apartment Buildings (1940’s and 50’s)- Values $5MM per Location Max, Mixed Use Okay, 4 Story Maximum. “A” Rated Carrier Cargo Monoline Trucking Cargo Coverage, “A” Rated Carrier

1-4 Unit Vacant, Seasonal Homes, Mobile Homes & High Risk Primary, 3 ,6 & 12 month policies; protection class’s 1-10, most claims accepted.

Church & Religious Program Includes building coverage, general liability, church van’s and molestation coverage

E&O Coverage/Professional Liability: Architects, Engineers, Land Surveyors and Interior Designers

Commercial Underground Storage Tanks –Great addition for gas stations. Includes pollution coverage; dealer and repair liability coverage addresses a broad range of industries, including oil change facilities, tire and repair shops, service stations with repair facilities and automobile, equipment and RV and rental car dealers

Bonds - All Contractor, Bid Bonds, Probate, Notary

Agent Co-Op Finance Plans.
By pooling our resources, we are able to offer your agency a return you would never be able to attain on your own.  Premium Finance Solutions does all of the work, takes all of the risk and the agents benefit.  Contact Stacey for more details or fill out the agent application and fax or email it to our office.  

For more information, Email Stacey
Agency Co-op_Finance_Plan Application.xls

Sell your book of business.
Looking to retire or sell your commercial book of business? We are interested in purchasing your business! Contact Stacey to set up a time to discuss MAIG, Inc.’s buy/sell options.

Email Stacey

Forms

Small Contractors Application MAIG
Garage or Auto Dealership Application MAIG
Habitational Supplemental MAIG
Certificate_Request.doc
MAIG_Earthquake_Application.doc
New_Business_QUOTE_REQUEST.doc