Minimum Premium Base:
Normally the minimum written
premium base to qualify for the Additional High Tech agreement is Thirty Five
Thousand One dollars ($35,00l). If
the written premium goes below the $35,001. base and the Agent can display a
plan to bring the written premium back up to $35,001, within a reasonable time,
then this agreement will continue.
If the Agent premium volume is
under the minimum premium base and the Agent has a history of sending new
business and increasing their written premium on a regular basis, Fulmont may
consider the Agent eligible for this program.
ACH Commission:
Agent Commission dollars will
normally be placed in the Agent’s bank account prior to the 10th of
the month following the prior month end.
E-mail will be sent to the
Agent advising what day the money has been placed in their account.
The commission report can be
viewed on the 24/7/365 agent web site. Each month end the commission report will be placed in the
appropriate section of the “personal
agent web page” section for viewing. At the beginning of each year Fulmont
will remove the previous years commission reports. Therefore, if the Agent wants
to keep these reports they should be copied to a word processing program,
printed in hard copy, or print to a view program.
ACH Payments:
All cash or checks payable to
your agency on behalf of Fulmont will be sent to us via ACH in accordance with
the specific guidelines from Fulmont. When
a check or cash is received with a new policy under the rating program – it is
the agent’s responsibility to record the amount received on the signature
page. For specific instructions refer to the ACH guidelines for payments and
electronic applications.
Loss Notice:
Your Agency will prepare the
loss notice template provided by Fulmont and mail it electronically either by
e-mail or fax to the appropriate office of the Fulmont Claims department. The e-mail should be sent to the appropriate person in the
claims department or you may e-mail to: claims@fulmontmutual.com.
When the loss notice is sent by fax, it should be faxed to the appropriate
office of Fulmont.
In either case Fulmont will
acknowledge the loss notice by sending you a receipt via e-mail.
If you do not receive this receipt you should immediately resend the loss
notice and contact the appropriate person in the claims department.
The following is a listing of e-mail addresses where the loss information should be sent:
Johnstown Office - laurie@fulmontmuttual.com
Westport Office
- barb@fulmontmutual.com
or btyler@westelcom.com
Canajoharie Office- simone@fulmontmutual.com
All offices
- claims@fulmontmutual.com
No
Money Endorsements:
Your Agency will prepare the no
money endorsements using the templates provided by Fulmont. In addition the
agent must adhere to the specific guidelines provided by Fulmont for completing
these endorsements. It is the
specific responsibility of your Agency to distribute the endorsements to the
insured and mortgagee as well as e-mailing a copy to Fulmont.
Rating
Programs:
Your Agency will use all
available Fulmont rating programs – sending the applications via e-mail to the
appropriate underwriter. Fulmont
will acknowledge receipt of these applications.
If you do not receive this receipt you should resend the material and
contact your underwriter. The signature page can be scanned and mailed
electronically to Fulmont via Fax or e-mail.
Or Fulmont may make other arrangements on the signature page with your
agency. Your Agency must adhere to the specific guidelines and
instructions on these rating programs issued by Fulmont.
All
Other Material relating to Policies Not on Rating Programs:
Applications and supporting
material relating to policies not on
Fulmont Rating programs can be either e-mailed or faxed.
Photos
and Other Underwriting Material:
Your Agency will convert photos and other underwriting material to electronic file format and send them via E-mail or fax to the appropriate person in the Fulmont Underwriting Department. Other underwriting material includes a request for a quote. Your Agency request for a quote must be done via e-mail or fax or in combination with a conference room on the agent web-site. The requested quote will be returned to your agency via e-mail. Your Agency will complete all other requests on policy or underwriting via e-mail or fax. All replies and quotes from Fulmont shall be sent to you via e-mail.
Reports:
Fulmont will no longer provide
your agency with hard copies of reports. Your
agency shall access all of its reports on the Fulmont 24/7/365 agent website.
Inquiry:
Your Agency shall use the
inquiry at the policy data menu on our 24/7/365 website to check up to date
accounts receivable on your policyholder accounts.
Renewal
List:
Your agency shall complete and
return the renewal list to Fulmont's Underwriting department via e-mail or fax.
Communication:
Whenever possible your agency shall use the secure and private conference rooms available on our 24/7/365 web site to communicate with Fulmont employees. Please note that all Fulmont employees do not have access to the conference rooms. Fulmont will advise you as to which employees have this access.