Dear Agency Partner,
Due to the current reinsurance market, we are no longer accepting new business applications as of end-of-business today, Thursday, April 27th, 2023. We anticipate reopening once we have updated rates that reflect these increases in reinsurance costs that all carriers are experiencing.
We want to assure you that we are on track to maintain our financial strength, we anticipate having more reinsurance than is required, and we will continue to renew your existing book of business.
Quote Honoring Details:
As of today, April 27th at 5pm EST we will pause writing new business and no longer accept new quotes. For existing quotes in the system, a submission request is required through underwriting, which will be returned for binding after overnight processing. The last day to submit quotes to underwriting is Thursday, May 4th at 5pm EST. All quotes must be bound before Friday, May 5th at 5pm EST. Agency Underwriting can be reached at 561-609-1001, however hold times may be high. The Agency Chat feature (pti.chat) can be used to submit a request with the Quote Number, Effective Date requested, and any other necessary changes to avoid calling into the queue.
THANK YOU for your continued partnership.
I am looking forward to moving past this difficult period in our insurance market and seeing many more successful years ahead.
Managing Director of Agency Sales
Agency Underwriting: 1-561-609-1001 | Agency Support: 1-561-235-7004
18 People’s Trust Way, Deerfield Beach, FL 33441