Kendal L. Russell-Hamed, CBIA
Agency Operations Administrator
Fortified - Independent Agencies Aligned
Office: 844-233-1282
Email: krussellhamed@fortifiedagencies.com
Please cc me on requests to the following:
Commercial Lines Requests: clservice@fortifiedagencies.com
Personal Lines Requests: plservice@fortifiedagencies.com
New Business Submissions: submissions@fortifiedagencies.com
As we continue to streamline our processes and ensure the highest level of service for our clients, I want to take a moment to outline the current underwriting requirements for new business submissions for our central placement division. These requirements are designed to facilitate efficient processing and enable us to provide accurate assessments to our central placement carriers.
Please forward your completed submissions to submissions@fortifiedagencies.com and we will get it queued for review and marketing. I’ve attached copies of our wholesale partners for review. Our wholesale partners will require you be directly appointed to submit business to them. If you need a point of contact for one of the wholesale partners, please let me know.
All new business submissions must adhere to the following guidelines:
Completed ACORD Forms: Please ensure that all necessary ACORD forms relevant to the submitted commercial account are completed in full.
For all Property applications, please include square footage, building updates (roofing/hvac/plumbing/electrical), if the building is fully sprinklered, and annual revenues.
For all General Liability applications please include class codes, sales/revenues/payroll/area (this depends on what is being quoted but we will need it completed and filled out).
All Additional Insured, loss payee, mortgage companies, etc. must be listed on the Acord applications if needed.
FEIN’s are required by the carriers, please include on your Acords.
Inspection contacts are required by the carriers, please include on your Acords.
Description of Operations needs to be completed on Acords and/or we need a narrative from the producer on daily operations.
Protection class, number of stories, year built, construction type, and roofing type needs to be completed as required/requested from the carriers.
Current 5-Year Loss Runs: It is imperative that you provide current and comprehensive 5-year loss runs for each commercial account being submitted.
Please include a narrative for any losses on file along with mitigation efforts from your insured.
Supplemental Forms: In addition to ACORD forms and loss runs, please be mindful of any supplemental forms that may be required based on the specific nature of the commercial account.
These supplemental forms may vary depending on the industry, coverage needs, or specific carrier requirements.
Ensure all relevant supplemental forms are completed and included with the submission package.
Other carrier supplementals can be used if questions are similar to the carrier you are submitting to. Please let us know if you need us to provide any supplemental applications.
We are currently working a 7-10 business day turnaround time unless the carrier has specific requirements. Several central placement carriers require a full thirty days to review, underwrite, and rate the accounts.
**Below updated from 9-18-24
Adhering to these underwriting requirements will significantly expedite the review process and enhance our ability to secure favorable terms for our clients. Your cooperation in meeting these standards is greatly appreciated.
I would like to inform you of an important change regarding the submission of Statement of Values (SOV) for accounts being marketed through our Central Placement Division. Please share this with everyone in your agency.
Effective immediately, our underwriters will no longer accept SOV spreadsheets. Instead, all updates and changes to the SOV must be clearly detailed on the Acord forms.
This change has been implemented to streamline the processing of submissions and to ensure that all pertinent information is readily available for underwriters.
To avoid any delays in processing your requests, please ensure that any updates to the SOV are included on the relevant Acord forms when submitting your accounts.
We appreciate your understanding and cooperation in this matter. Should you have any questions or need assistance with the new requirements, please do not hesitate to reach out.
Thank you for your continued partnership.
PDF Appetite Guide 2023
PDF Appetite Guide 2023
