Flooding - it can happen to anyone, anywhere, at any time.
With every state experiencing a flood in the past five years and knowing that just a few inches of water can cause tens of thousands of dollars in damage - it's now more important than ever to ensure your customers have the protection in place they deserve. At Selective, we realize this, which is why we now offer agents access to a fully automated excess flood insurance product through a Lloyd's coverholder that makes quoting and binding excess coverage a breeze.
To learn more or to become a Selective appointed agent, contact floodsales@selective.com today.
Note: Excess flood insurance is provided to you through Selective and powered by DUAL Commercial, LLC, a Lloyd’s of London coverholder.
Source: Floodsmart.gov
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Webinars
Big "I" Virtual University Webinars
Don't miss the following education opportunities provided from the Big "I" Virtual University experts that focus on topics agents need to know to make a smart start in 2016. For more information, contact national staff.
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April 4. "First Monday LIVE!" a free monthly webcast hosted by the VU's own Bill Wilson and guests on the first Monday of the month discusses the wide world of insurance from seemingly non-insurance topics. Each 30-minute webisode will cover "what's going on" (drones, car sharing, concealed weapon laws, legalized marijuana, legislative issues) and the implications. April discussion topics include another "disrupter" that will "revolutionize" the insurance industry, homeowners coverage for a house running into a bridge, Uber entering food delivery, Bill Cosby defamation case and more. Click here to learn more and register and here to access the recordings.
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April 20. "Pollution... You're Not Properly Insuring It! - Unbelievable Fun With Pollution Exclusions" Presenter is David Dybdahl, CPCU, ARM, MBA, American Risk Management Resources Network, LLC www.armr.net. This webinar identifies why "pollution" exposures go far beyond what you might think of in terms of hazardous materials, with the most common pollutants being fungus/mold/bacteria. An overview of standard CGL and commercial property exclusions is provided then explores an in-depth review of frequently overlooked F/M/B exposures and real-life case studies. Attend and learn the importance of recognizing the exposures and choosing the appropriate environmental insurance product. Click here to learn more and to register.
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DocuSign for Big I Members: Keeping Business Digital with eSignatures
Join us to learn more about DocuSign for your agency. We'll show you how you can use DocuSign for everything from new policy applications to coverage election forms. We'll cover the basics, including how to take advantage of your exclusive Big "I" member price discount, and leave plenty of time for you to ask us questions: - Legality and security: We'll show you how DocuSign is a best practice in keeping you and your clients safe
- Ease and convenience: See what your clients will see when you send documents through DocuSign, and learn just how easy it is to sign
- Sending, templates and account management: We'll get you up to speed on setting up your account, short cuts with document templates, and account management 101
We'll see you there!
Click the date to learn more and to register:
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Remember that you can view the following webinars 24/7 by checking out the BIM Webinar Library. To do that log onto Big "I" Markets and click on "Publications".
- Personal Liability Trends - Fireman's Fund
- TravPay
- Commercial Lessor's Risk
- Affluent Homeowners
- Travelers Select Products (series)
- Travel Insurance
- Community Banks
- XS Flood
- Real Estate E&O
- RLI Personal Umbrella
- Affluent Homeowner
- "Oh, by the way...Flood Sale"
- Habitational
- Non-standard Homeowner
- Student Housing
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BIM WEBSITE TRAINING WEBINAR
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Be one of the first five with the correct answers and win an envy-inspiring TFT Trivia T-shirt or choose a $5 gift card (Starbucks, Dunkin' Donuts, Baskin Robbins, or Krispy Kreme).
Don't forget to answer the Tie Breaker!
Congratulations to this week's winners - Ellen McCarthy (KS), Linda Davidson (WA), Carol Hunt (AL), Robin Cornelius (IN) & Katrina Willard (FL).
1. What type of business was being sued in the EEOC case linked-to in the EPLI article? - EYE CLINIC
2. On this date (3/22) in 1903 what happened to Niagara Falls & why? - WENT DRY DUE TO DROUGHT
3. Minnie Mangum stole nearly $3 million dollars (~$37.5 million today) from her employer, Commonwealth Building & Loan Association, starting in 1933 until it was discovered in what year? - 1955 (22 YEARS)
TIE BREAKER
March Madness Tiebreaker: In 1990 Loyola-Marymount beat Michigan in the highest-ever combined score in an NCAA tournament. What was the final score? - 149-115 (264 TOTAL)
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Here are the top three items that got BIM agents clicking from our last edition... see what you missed!
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Family and Medical Leave Act
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E&O Printable Wallet Card
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Bizarre Christmas Claims
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At Selective, we know writing flood insurance business is complex - and agents already have a lot on their plate, so any time saved means more time for them to capture new business.
Due to increases in catastrophic event frequency and severity, and to address the associated rise in expenses, Congress has passed numerous updates to help stabilize the National Flood Insurance Program over the last several years, including reforms such as BW12 and most recently the HFIAA. Continuing with these efforts, FEMA is preparing to roll out additional changes in April.
TECHNICAL CORNER
