SPECIAL FEATURE
A Year of The Sale of the Week
 At the bottom of each Two for Tuesday is the Sale of the Week. The winner each week is not a straight dollar amount, but instead is based on the average premium for each product. This means a $2,500 premium for a product which averages $1,000 will beat out a $15,000 premium for a product which averages $10,000.
Some take-aways from last year.
- The biggest overall premium was Bonds - Bid, Contractor, Performance, Surety (Bonds) with a whopping $122,324!
- Three of the top five premiums were Bonds with Habitational Condominium and Habitational Apartment taking the #3 & #4 slots respectively.
- The largest ratio over average was no surprise, Bonds followed by Cyber Insurance - Coalition and Jewelry Insurance.
- Commercial Auto had the most overall wins barely beating out Bonds.
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Product
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#
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Total Premium
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Average Premium
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Highest Premium
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Commercial Auto - Monoline
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14
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$252,651
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$18,047
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$33,062
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Bonds - Bid, Contractor, Performance, Surety
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13
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$434,615
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$33,432
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$122,324
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Cyber Insurance - Coalition
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5
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$60,508
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$12,102
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$24,500
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Habitational - Apartment
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4
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$96,186
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$24,047
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$47,315
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Nonstandard Homeowners
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4
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$27,372
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$6,843
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$11,504
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Affluent Homeowners - New Business
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2
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$36,287
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$18,144
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$19,622
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Auto & Home Standard Markets
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2
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$9,519
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$4,760
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$4,890
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Jewelry Insurance
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2
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$7,428
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$3,714
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$5,465
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Travel Insurance *
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2
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$4,050
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$2,025
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$2,781
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Community Banks
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1
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$21,584
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$21,584
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$21,584
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Habitational - Condominium
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1
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$53,371
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$53,371
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$53,371
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Personal; Umbrella - RLI
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1
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$2,564
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$2,564
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$2,564
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Small Commercial
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1
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$10,123
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$10,123
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$10,123
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* Discontinued
Did you see your premium listed last year? Let's see your premium up there in 2020!
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Quote Coalition Even Faster with a Direct Login
 The affluent program is one of the most popular Big "I" Markets products. Are you taking advantage of your access to this awesome Big "I" member benefit? We are currently entertaining new business accounts $500,000 and higher with Chubb and $1,000,000 and higher for AIG. We are also accepting BOR requests for AIG and Chubb. Eligible risks include:
- Protected (within 5 miles of a fire station and 1,000 ft. of hydrant) homes of $500,000 of coverage A value or more.
- Jewelry, fine art, collections, as part of a package account
- High symbol, high performance vehicles with acceptable driving records as part of a package account
- Recreational Watercraft, will be considered monoline
- Condo or Renters with at least $75,000 in contents ($150,000 for Florida)
- Collector car accounts, will be considered monoline
For full product details, log into Big "I" Markets.
Meet the Team
One of the benefits of working with Big "I" Markets for your affluent book is that we have experienced staff focused solely on this business area ready to serve you! Our affluent dream team includes these talented professionals:
Aysha Jordan, personal lines underwriter Aysha underwrites new business accounts over $5M. She's been with Big "I" Markets since 2014. aysha.jordan@iiaba.net 703-706-5382
Chrystal Washington, personal lines junior underwriter Chrystal underwrites new business accounts up to $1.5M. She's been with Big "I" Markets since 2014. chrystal.washington@iiaba.net 703-706-5368
Kim Bromwell, CSR Kim supports the personal lines team and handles all BOR requests. She's been with Big "I" Markets since 2014. kim.bromwell@iiaba.net 703-706-5431
Gena Turner, Lead CSR & Darlene Monie, CSR Gena and Darlene work together to underwrite new business accounts under $2M and process 90% of service requests. Both Gena and Darlene have been with Big "I" Markets since 2010. 703-706-5499, option 8 – Affluent Customer Service
Nancy Doherty, Personal Lines Manager Nancy oversees the personal lines team and has been with Big "I" Markets since 2013. nancy.doherty@iiaba.net 703-706-5389
Feel free to contact the staff above with your questions, or use our general inbox, bigimarkets@iiaba.net.
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Virtual University
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WEBINARS - Two-hours with CE in select states.
View the complete calendar, registration links and see what states have CE approval online. Registration includes live webinar, on-demand recording and a transcript.
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Prizes will be to the first response with the correct answers and then four selected at random from all received by 6p.m. EDT on Friday. Win a $5 gift card (Starbucks, Dunkin' Donuts, Baskin Robbins, or Krispy Kreme).
Congratulations to this week's winners - Viki Kooiman (CO), Doreen Herlinsky, (NJ), Mary Packnick (CT), Cailin Tacktor (MI) & Bonnie Langley (MD).
1. In the Chubb jewelry traveling tips link above why does it suggest not wearing jewelry to the pool and beach? - Exposure to chemicals, including chlorine or ammonia, can pit or discolor gold alloys.
2. On this date (12/31) in 1988, what occurred during the NFC Divisional Playoff game (Bears vs Eagles) which led to it being called "The _____ Bowl" - FOG
3. What is the percentage discount Big "I" Members enjoy with the Insure Response Call Answering Service? - 40%
TIE BREAKER
TB - In Siberia what do some people do with a tree trunk to celebrate the new year? - DIVE INTO A FROZEN RIVER
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BIG "I" MARKETS SALE OF THE WEEK
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The number one area of opportunity for improvement with Big "I" Markets as told to us by users is increasing the ease of communication with underwriters. Today we're pleased to announce the first enhancement to the email system in BIM.
