GET APPOINTED
If you are licensed in the state(s) of Washington, Oregon, Alaska, Idaho, Utah, Nevada and/or California, all that needs to be done to begin submitting and writing business with Griffin Underwriting Services is:
1. Fill out our Producer Agreement.*
(Type online, print to sign pgs 2 & 3, fax to 425.453.8696 or email to info@gogus.com)
*Allstate Commercial Lines agents must fill out this Producer Agreement instead.
2. Send a copy of your state license(s)
(A copy of each producer's license in your office for each state in which you plan to write)
3. Send a copy of your current E&O dec pg or certificate
Upon receipt, you'll be assigned a unique Agency Code and sent a welcome email with more details about our services and your individual contacts within our agency. At that point you will also have access to our Internet Quoting (IQ) site.
We look forward to hearing from you!
New WA Producer Law Effective July 1, 2009
As you likely know, on July 1st, 2009, Washington State transitioned to what is called a Single Producer Licensing Model. In this new model, if an insurance producer places business with an insurer with whom the producer is not appointed, the producer may either:
(A) Have a Producers Bond in place for $2,500 or 5% (whichever is greater, up to a maximum of $100,000) of your last year's written premium from Admitted business placed thru non-appointed markets
-or-
(B) Obtain an affiliation with each MGA
While some wholesalers may suggest you to obtain a specific MGA affiliation, it is important to note that this process would need to be repeated for every wholesaler/program manager with whom you do business. After consulting with the WA Insurance Commissioner's office and other industry associations, Griffin Underwriting Services is of the opinion that option (A) would be optimal for most of our agency partners. Having the bond in place would preclude the need to be affiliated with all the wholesale markets with whom you are currently doing business. With regard to this issue, having a Broker/Producer's Bond in place will be sufficient for all your dealings with Griffin Underwriting Services. Any existing limited appointments you may have in place with companies will be eliminated.
For other questions that you may have or more detailed information on how these changes might affect you, please see Washington State Insurance Commissioner's web site at http://www.insurance.wa.gov/agents_brokers/index.shtml which includes the verbiage of the law itself, as well as a quick reference sheet.
To assist you in obtaining a Broker's Bond, we've worked with our markets to provide a solution. Feel free to click thru to these links for our Broker/Producer's Bond Guidelines and Broker's Bond Application (Financial Statement may also be necessary).
