If you are licensed in the state(s) of Washington, Oregon, Alaska, Idaho, Utah and/or
Nevada, 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 may know,
effective July 1st, Washington State is transitioning 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.
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