This document provides an overview of training for the CIBA insurance program. It outlines 13 sections that will be covered in the training, including program basics, carriers, underwriting appetite, coverage, marketing and sales, use of the broker portal, submissions, quotes, binding coverage, added value services, claims, loss control programs, and the CIBA foundation. Trainees are asked to complete all sections of the training within 5 days to fully understand the CIBA program and can contact their underwriter or the support contact with any questions.
The document provides an overview of the CIBA Insurance Services program for 2017-2019. It discusses the participating carriers, coverage specifications, limits, and other details. Some of the key updates for the 2017-2019 program year include expanded named windstorm coverage areas, optional earthquake and flood coverage of up to $10 million per member, and enhanced data compromise and cyber liability coverage.
The document provides information on the CIBA Insurance Services program for 2019-2021, including participating carriers and their AM Best ratings. It outlines property and liability coverage specifications, such as coverage limits, deductibles, and additional benefits. Property coverage is provided on an all-risk basis excluding earthquake and flood. Commercial general liability coverage includes limits for bodily injury and property damage. The document lists participating carriers for various coverage layers, including primary and excess carriers.
The document provides information on the CIBA Insurance Program for the 2018-2020 program year. It outlines the organization structure, participating carriers, coverage specifications for property and liability insurance, and additional benefits. Property insurance is provided on an all-risk basis up to $150 million per occurrence, excluding earthquake and flood. Earthquake and flood coverage are available as optional coverages. Commercial general liability insurance is provided with limits of $1 million per occurrence and $2 million general aggregate. The program continues to be offered in most states except Alaska and excludes certain areas.
This policy offers property and liability insurance for apartment owners. It provides coverage for the building, business personal property, lost business income, and liability risks. The policy can be customized with additional endorsements to enhance certain coverage areas, such as debris removal, tenant relocation expenses, and liability for additional insureds. It aims to provide comprehensive and affordable insurance for apartment owners.
FD_ FIRST DOLLAR PACKAGE_MRMost CurrentRick Bankston
This document describes the Package First public entity insurance product offered by Brit Global Specialty USA. The product provides property and liability coverage including general liability, auto liability, public officials liability and employment practices liability. Coverage limits include $50 million for property and $1 million for primary liability limits. The product is distributed through admitted carriers rated A by A.M. Best and provides loss control services and claims handling through Gallagher Bassett. The document introduces the underwriting team and provides contact details.
CBI Comments on Proposed TRIA Regulatory DefinitionsJasonSchupp1
This comment letter focuses on the proposed rule changes for the Terrorism Risk Insurance Act regulations with respect to the definitions of:
• Act of terrorism; and
• Insured loss
in accordance with Treasury’s Notice appearing at 85 FR 71588 (November 10, 2020).
Government Contracting - DFARS Part 246 - Quality Assurance - Win Federal Co...JSchaus & Associates
Please join Jennifer Schaus & Associates every Wednesday in 2021 for a complimentary Wednesday series. See the full recording on our YouTube Channel (coming soon). For more information about our federal contracting services please visit http://www.Jenniferschaus.com or contact us at 202-365-0598. Win more federal government contracts!
Government Contracting - DFARS Part 232- Contract Financing - Win Federal Con...JSchaus & Associates
Please join Jennifer Schaus & Associates every Wednesday in 2021 for a complimentary Wednesday series. See the full recording on our YouTube Channel (coming soon). For more information about our federal contracting services please visit http://www.Jenniferschaus.com or contact us at 202-365-0598. Win more federal government contracts!
The document provides an overview of the CIBA Insurance Services program for 2017-2019. It discusses the participating carriers, coverage specifications, limits, and other details. Some of the key updates for the 2017-2019 program year include expanded named windstorm coverage areas, optional earthquake and flood coverage of up to $10 million per member, and enhanced data compromise and cyber liability coverage.
The document provides information on the CIBA Insurance Services program for 2019-2021, including participating carriers and their AM Best ratings. It outlines property and liability coverage specifications, such as coverage limits, deductibles, and additional benefits. Property coverage is provided on an all-risk basis excluding earthquake and flood. Commercial general liability coverage includes limits for bodily injury and property damage. The document lists participating carriers for various coverage layers, including primary and excess carriers.
The document provides information on the CIBA Insurance Program for the 2018-2020 program year. It outlines the organization structure, participating carriers, coverage specifications for property and liability insurance, and additional benefits. Property insurance is provided on an all-risk basis up to $150 million per occurrence, excluding earthquake and flood. Earthquake and flood coverage are available as optional coverages. Commercial general liability insurance is provided with limits of $1 million per occurrence and $2 million general aggregate. The program continues to be offered in most states except Alaska and excludes certain areas.
This policy offers property and liability insurance for apartment owners. It provides coverage for the building, business personal property, lost business income, and liability risks. The policy can be customized with additional endorsements to enhance certain coverage areas, such as debris removal, tenant relocation expenses, and liability for additional insureds. It aims to provide comprehensive and affordable insurance for apartment owners.
FD_ FIRST DOLLAR PACKAGE_MRMost CurrentRick Bankston
This document describes the Package First public entity insurance product offered by Brit Global Specialty USA. The product provides property and liability coverage including general liability, auto liability, public officials liability and employment practices liability. Coverage limits include $50 million for property and $1 million for primary liability limits. The product is distributed through admitted carriers rated A by A.M. Best and provides loss control services and claims handling through Gallagher Bassett. The document introduces the underwriting team and provides contact details.
CBI Comments on Proposed TRIA Regulatory DefinitionsJasonSchupp1
This comment letter focuses on the proposed rule changes for the Terrorism Risk Insurance Act regulations with respect to the definitions of:
• Act of terrorism; and
• Insured loss
in accordance with Treasury’s Notice appearing at 85 FR 71588 (November 10, 2020).
Government Contracting - DFARS Part 246 - Quality Assurance - Win Federal Co...JSchaus & Associates
Please join Jennifer Schaus & Associates every Wednesday in 2021 for a complimentary Wednesday series. See the full recording on our YouTube Channel (coming soon). For more information about our federal contracting services please visit http://www.Jenniferschaus.com or contact us at 202-365-0598. Win more federal government contracts!
Government Contracting - DFARS Part 232- Contract Financing - Win Federal Con...JSchaus & Associates
Please join Jennifer Schaus & Associates every Wednesday in 2021 for a complimentary Wednesday series. See the full recording on our YouTube Channel (coming soon). For more information about our federal contracting services please visit http://www.Jenniferschaus.com or contact us at 202-365-0598. Win more federal government contracts!
This document provides an overview of training for the CIBA insurance program. It is split into multiple sections that can be reviewed over multiple sessions within 5 days to fully understand the program. The sections cover program basics, carriers, underwriting appetite, coverage, marketing/sales, use of the broker portal, submissions, quotes, binding coverage, added value services, claims handling, loss control programs, and the CIBA foundation. Contact information is provided for questions about training or the program content. An outline of the training sections is included.
This document provides an overview of training for the CIBA insurance program. It is split into multiple sections that can be reviewed over multiple sessions. The sections cover program basics, carriers, underwriting appetite, coverage, marketing and sales, use of the broker portal, submissions, quotes, binding coverage, added value services, claims handling, loss control programs, and the CIBA foundation. The training is meant to be completed within 5 days to fully understand the CIBA program. Questions should be directed to the underwriter or IT support contact provided.
The CIBA Program utilizes multiple excess and surplus lines carriers with AM Best ratings of A- VII or better to provide layered property coverage up to $1 billion total per occurrence, and utilizes Aspen Specialty Insurance Company to provide primary general liability limits of $1/$2 million on a per location basis. The structure of the program meets Fannie Mae guidelines for individual coverage. Participating insurance companies in each layer are described in an appendix attached to each declarations page available on the broker portal.
RBAP-MABS Presentation at the Microinsurance Roundtable Meeting between Rural Bankers Association of the Philippines (RBAP), Microenterprise Access to Banking Services (MABS), Rural Bankers Research and Development Foundation Inc. (RBRDFI), Bangko Sentral ng Pilipinas (BSP), Insurance Commission (IC),
This document provides information about LegalShield's business solutions sales opportunity for licensed insurance agents in the United States. LegalShield has been in business for over 40 years and currently serves over 3.7 million customers. They focus on selling their legal and identity protection plans to business accounts like small businesses and insurance agencies. The plans provide services like legal advice, identity theft monitoring and restoration, and business consultation. LegalShield offers agents different compensation plans paying 12-16% commissions on new sales and residuals on renewals. Agents must be licensed and maintain a minimum of 500 covered lives. The opportunity provides marketing support, quick commission payments, and a way for agents to deepen relationships with clients.
400 k+ Non Recourse 30m Programs (and more..)Vicente Galindo
This document summarizes a funding opportunity for $350k to $30 million in non-recourse funding through a bank guarantee program. It provides details on the program, which includes:
- Depositing $350k for $30 million in funding or $500k for $100 million in funding within 45-90 days
- Protection of deposits through an attorney trust account
- Issuance of a bank guarantee from a top 25 bank and funding from another top 25 bank
- No repayment required as it is non-recourse funding
- Transparency into the process including meetings at the issuing bank
Applying the New Lease Guidance for ASC 842RKLeSolutions
In this webinar Lease Query reviews a comprehensive example of how to apply the new lease accounting standard, ASC 842. The presentation reviews key lease dates and terms under the new standard and identify contract financial components and their applicability towards the lease liability calculation and determination of the appropriate discount rate. The presentation also covers journal entries under ASC 842.
The document contains a resume and cover letter from Kamran Safi Rizvi applying for a Reinsurance Manager position. Rizvi has over 20 years of experience in insurance and reinsurance in Pakistan, most recently as Deputy Chief Manager at Premier Insurance Limited, and is seeking a new challenge and better compensation. His resume details his educational background and professional experience in reinsurance underwriting, treaty management, facultative placements, and accounts.
While the core activity within our office is the administration of Controlled Insurance Programs (aka CIPs or wrap ups), the work often begins before the actual wrap up administration reaches these walls. Interested in learning more or having a consultation? Visit http://www.wrap-app.com
Byll Wych Insurance Brokers is introducing itself in a letter to a potential client. It provides an overview of the company's registration status and capabilities in areas like risk management, insurance industry knowledge, and claims processing. It expresses hope to demonstrate its abilities and build a successful business relationship with the client through cooperation. The letter is signed by the General Manager and Associate Broker/Manager.
IRS Regulation 408(b) is expected to take affect in early 2012. Retirement educator Eric Roberts will present the 10 questions you should be asking your defined contribution plan vendor that will help you understand the actual fees and costs associated with your current benefit. Knowing what to ask is half the battle. All attendees of the program will receive Nyhart’s 408(b)2 Guide that includes a checklist of fees to look for and disclosure statements you should be get from your vendor to affirm the actual costs of your plan in preparation of the new regulations taking effect.
Fiduciary Protection: Is Your Retirement Plan Ready for a DOL or IRS Audit?Citrin Cooperman
The document discusses retirement planning challenges presented by the COVID-19 pandemic. It notes that the pandemic severely impacted many businesses, leading to high unemployment. While testing and cases have improved, there is still uncertainty around reopening plans and potential summer spikes. The stock market rebounded from initial declines but volatility remains. The document provides tips for retirement plan participants and sponsors, such as maintaining a diversified portfolio and long-term focus during volatile times. It emphasizes continuing retirement contributions where possible.
Original air date: Dec. 21, 2017
Rebroadcast and recording info at http://www.mhmcpa.com
This quarterly webinar will bring you up-to-date on hot topics, technical matters and current events impacting financial reporting and the accounting profession.
Professionals from CBIZ and MHM will discuss recent happenings at the Financial Accounting Standards Board, American Institute of Certified Public Accountants, Securities and Exchange Commission, Public Company Accounting Oversight Board and other relevant governance bodies. We will also touch on recent tax changes and proposed legislation.
The document provides information about Farmers Insurance, including:
1) It is an established insurance company with over 90 years in business and over 10,000 exclusive agents serving over 5 million households.
2) It offers a variety of insurance and financial services products, including auto, home, life, and commercial policies as well as financial products.
3) The Flex program is a 36-month support program for new agents that provides bonuses and incentives for high performance levels.
LegalShield offers brokers and agencies several commission options for selling its legal and identity theft protection plans, including:
1) A level compensation plan that pays commissions ranging from 12-16% on first year sales and renewals. An additional 2.6-3.4% bonus is paid for reaching certain sales thresholds.
2) An advanced compensation plan that pays higher first year commissions as an advance, ranging from 36-50.8% depending on sales volume. Renewal commissions are variable based on member retention rates.
3) Additional recognition and incentive programs, such as performance bonuses, that reward meeting sales and retention goals.
This document is a proposal form from Professional Insurance Agents Ltd for miscellaneous professionals seeking professional indemnity insurance. It contains information on how to complete the form, the applicant's business details, activities, contracts, insurance history, claims history, and a declaration. The final section provides supplementary information on the applicant's new legal obligations regarding fair presentation of risk under the Insurance Act 2015 and recommendations for additional insurance products such as public liability and employers' liability.
This document provides information from the Niles Team mortgage website. It introduces the team members and provides links to pages on their mortgage process, loan types, documents needed for a loan application, disclosure forms, maintaining good credit, understanding credit scores, checking your credit report, mortgage insurance, homeowners insurance, and closing. It emphasizes contacting the team with any other questions.
This document outlines the Farmers Associate Agent Program which provides a 24-month business support program and access to training to help agents grow their business. The summary is:
1) The program allows new agents to be appointed as Associate Agents and receive training and support over 24 months to help them meet requirements for a full agent appointment.
2) Agents must pass a background check and be fully licensed to be appointed. They have 24 months to generate $250,000 in new business premium and complete training.
3) If requirements are met, agents can request a full agent appointment through an Agent Appointment Agreement, which is reviewed and approved by the Territory and Home Offices.
Lizgo Enterprises provides private investigations and debt collection solutions. It uses a strict code of ethics and performance standards. It aims to collect debts within 60 days through understanding debtors, an effective collection process, and escalating actions like demand letters. Lizgo measures success through a Debt Collection Index and aims for a 40% collection rate. It offers services for individual, commercial, international, and surveillance collections. Standard reports provide identification and credit details while customized commission rates vary by region and amount collected. Major clients include ASSUP, Standard Group, and Nation Media.
Multifamily housing partners face risks every day. To limit liability from resident-caused damage, they turn to Assurant. We understand your residents and offer a complete portfolio of risk mitigation solutions that go far beyond renters’ insurance. Our unmatched expertise, integrated capabilities and customer insight give us the tools to offer innovative protection options that residents want and you need.
Stark Builders: Where Quality Meets Craftsmanship!shuilykhatunnil
At Stark Builders our vision is to redefine the renovation experience by combining both stunning design and high quality construction skills. We believe that by delivering both these key aspects together we are able to achieve incredible results for our clients and ensure every project reflects their vision and enhances their lifestyle.
Although we are not all related by blood we have created a team of highly professional and hardworking individuals who share the common goal of delivering beautiful and functional renovated spaces. Our tight nit team are able to work together in a way where we pour our passion into each and every project as we have a love for what we do. Building is our life.
This document provides an overview of training for the CIBA insurance program. It is split into multiple sections that can be reviewed over multiple sessions within 5 days to fully understand the program. The sections cover program basics, carriers, underwriting appetite, coverage, marketing/sales, use of the broker portal, submissions, quotes, binding coverage, added value services, claims handling, loss control programs, and the CIBA foundation. Contact information is provided for questions about training or the program content. An outline of the training sections is included.
This document provides an overview of training for the CIBA insurance program. It is split into multiple sections that can be reviewed over multiple sessions. The sections cover program basics, carriers, underwriting appetite, coverage, marketing and sales, use of the broker portal, submissions, quotes, binding coverage, added value services, claims handling, loss control programs, and the CIBA foundation. The training is meant to be completed within 5 days to fully understand the CIBA program. Questions should be directed to the underwriter or IT support contact provided.
The CIBA Program utilizes multiple excess and surplus lines carriers with AM Best ratings of A- VII or better to provide layered property coverage up to $1 billion total per occurrence, and utilizes Aspen Specialty Insurance Company to provide primary general liability limits of $1/$2 million on a per location basis. The structure of the program meets Fannie Mae guidelines for individual coverage. Participating insurance companies in each layer are described in an appendix attached to each declarations page available on the broker portal.
RBAP-MABS Presentation at the Microinsurance Roundtable Meeting between Rural Bankers Association of the Philippines (RBAP), Microenterprise Access to Banking Services (MABS), Rural Bankers Research and Development Foundation Inc. (RBRDFI), Bangko Sentral ng Pilipinas (BSP), Insurance Commission (IC),
This document provides information about LegalShield's business solutions sales opportunity for licensed insurance agents in the United States. LegalShield has been in business for over 40 years and currently serves over 3.7 million customers. They focus on selling their legal and identity protection plans to business accounts like small businesses and insurance agencies. The plans provide services like legal advice, identity theft monitoring and restoration, and business consultation. LegalShield offers agents different compensation plans paying 12-16% commissions on new sales and residuals on renewals. Agents must be licensed and maintain a minimum of 500 covered lives. The opportunity provides marketing support, quick commission payments, and a way for agents to deepen relationships with clients.
400 k+ Non Recourse 30m Programs (and more..)Vicente Galindo
This document summarizes a funding opportunity for $350k to $30 million in non-recourse funding through a bank guarantee program. It provides details on the program, which includes:
- Depositing $350k for $30 million in funding or $500k for $100 million in funding within 45-90 days
- Protection of deposits through an attorney trust account
- Issuance of a bank guarantee from a top 25 bank and funding from another top 25 bank
- No repayment required as it is non-recourse funding
- Transparency into the process including meetings at the issuing bank
Applying the New Lease Guidance for ASC 842RKLeSolutions
In this webinar Lease Query reviews a comprehensive example of how to apply the new lease accounting standard, ASC 842. The presentation reviews key lease dates and terms under the new standard and identify contract financial components and their applicability towards the lease liability calculation and determination of the appropriate discount rate. The presentation also covers journal entries under ASC 842.
The document contains a resume and cover letter from Kamran Safi Rizvi applying for a Reinsurance Manager position. Rizvi has over 20 years of experience in insurance and reinsurance in Pakistan, most recently as Deputy Chief Manager at Premier Insurance Limited, and is seeking a new challenge and better compensation. His resume details his educational background and professional experience in reinsurance underwriting, treaty management, facultative placements, and accounts.
While the core activity within our office is the administration of Controlled Insurance Programs (aka CIPs or wrap ups), the work often begins before the actual wrap up administration reaches these walls. Interested in learning more or having a consultation? Visit http://www.wrap-app.com
Byll Wych Insurance Brokers is introducing itself in a letter to a potential client. It provides an overview of the company's registration status and capabilities in areas like risk management, insurance industry knowledge, and claims processing. It expresses hope to demonstrate its abilities and build a successful business relationship with the client through cooperation. The letter is signed by the General Manager and Associate Broker/Manager.
IRS Regulation 408(b) is expected to take affect in early 2012. Retirement educator Eric Roberts will present the 10 questions you should be asking your defined contribution plan vendor that will help you understand the actual fees and costs associated with your current benefit. Knowing what to ask is half the battle. All attendees of the program will receive Nyhart’s 408(b)2 Guide that includes a checklist of fees to look for and disclosure statements you should be get from your vendor to affirm the actual costs of your plan in preparation of the new regulations taking effect.
Fiduciary Protection: Is Your Retirement Plan Ready for a DOL or IRS Audit?Citrin Cooperman
The document discusses retirement planning challenges presented by the COVID-19 pandemic. It notes that the pandemic severely impacted many businesses, leading to high unemployment. While testing and cases have improved, there is still uncertainty around reopening plans and potential summer spikes. The stock market rebounded from initial declines but volatility remains. The document provides tips for retirement plan participants and sponsors, such as maintaining a diversified portfolio and long-term focus during volatile times. It emphasizes continuing retirement contributions where possible.
Original air date: Dec. 21, 2017
Rebroadcast and recording info at http://www.mhmcpa.com
This quarterly webinar will bring you up-to-date on hot topics, technical matters and current events impacting financial reporting and the accounting profession.
Professionals from CBIZ and MHM will discuss recent happenings at the Financial Accounting Standards Board, American Institute of Certified Public Accountants, Securities and Exchange Commission, Public Company Accounting Oversight Board and other relevant governance bodies. We will also touch on recent tax changes and proposed legislation.
The document provides information about Farmers Insurance, including:
1) It is an established insurance company with over 90 years in business and over 10,000 exclusive agents serving over 5 million households.
2) It offers a variety of insurance and financial services products, including auto, home, life, and commercial policies as well as financial products.
3) The Flex program is a 36-month support program for new agents that provides bonuses and incentives for high performance levels.
LegalShield offers brokers and agencies several commission options for selling its legal and identity theft protection plans, including:
1) A level compensation plan that pays commissions ranging from 12-16% on first year sales and renewals. An additional 2.6-3.4% bonus is paid for reaching certain sales thresholds.
2) An advanced compensation plan that pays higher first year commissions as an advance, ranging from 36-50.8% depending on sales volume. Renewal commissions are variable based on member retention rates.
3) Additional recognition and incentive programs, such as performance bonuses, that reward meeting sales and retention goals.
This document is a proposal form from Professional Insurance Agents Ltd for miscellaneous professionals seeking professional indemnity insurance. It contains information on how to complete the form, the applicant's business details, activities, contracts, insurance history, claims history, and a declaration. The final section provides supplementary information on the applicant's new legal obligations regarding fair presentation of risk under the Insurance Act 2015 and recommendations for additional insurance products such as public liability and employers' liability.
This document provides information from the Niles Team mortgage website. It introduces the team members and provides links to pages on their mortgage process, loan types, documents needed for a loan application, disclosure forms, maintaining good credit, understanding credit scores, checking your credit report, mortgage insurance, homeowners insurance, and closing. It emphasizes contacting the team with any other questions.
This document outlines the Farmers Associate Agent Program which provides a 24-month business support program and access to training to help agents grow their business. The summary is:
1) The program allows new agents to be appointed as Associate Agents and receive training and support over 24 months to help them meet requirements for a full agent appointment.
2) Agents must pass a background check and be fully licensed to be appointed. They have 24 months to generate $250,000 in new business premium and complete training.
3) If requirements are met, agents can request a full agent appointment through an Agent Appointment Agreement, which is reviewed and approved by the Territory and Home Offices.
Lizgo Enterprises provides private investigations and debt collection solutions. It uses a strict code of ethics and performance standards. It aims to collect debts within 60 days through understanding debtors, an effective collection process, and escalating actions like demand letters. Lizgo measures success through a Debt Collection Index and aims for a 40% collection rate. It offers services for individual, commercial, international, and surveillance collections. Standard reports provide identification and credit details while customized commission rates vary by region and amount collected. Major clients include ASSUP, Standard Group, and Nation Media.
Multifamily housing partners face risks every day. To limit liability from resident-caused damage, they turn to Assurant. We understand your residents and offer a complete portfolio of risk mitigation solutions that go far beyond renters’ insurance. Our unmatched expertise, integrated capabilities and customer insight give us the tools to offer innovative protection options that residents want and you need.
Stark Builders: Where Quality Meets Craftsmanship!shuilykhatunnil
At Stark Builders our vision is to redefine the renovation experience by combining both stunning design and high quality construction skills. We believe that by delivering both these key aspects together we are able to achieve incredible results for our clients and ensure every project reflects their vision and enhances their lifestyle.
Although we are not all related by blood we have created a team of highly professional and hardworking individuals who share the common goal of delivering beautiful and functional renovated spaces. Our tight nit team are able to work together in a way where we pour our passion into each and every project as we have a love for what we do. Building is our life.
Living in an UBER World - June '24 Sales MeetingTom Blefko
June 2024 Lancaster County Sales Meeting for Berkshire Hathaway HomeServices Homesale Realty covering the following topics: 1. VA Suspends Buyer Agent Payment Plan (article), 2. Frequently Used Terms in title, 3. Zillow Showcase Overview, 4. QuickBuy commission promotion, 5. Documenting Cooperative Compensation, 6. NAR's Code of Ethics - Mass Media Solicitations, 7. Is it really cheaper to rent? 8. Do's and Don't's when Terminating the Agreement of Sale, 9. Living in an UBER World
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
Andhra Pradesh, known for its strategic location on the southeastern coast of India, has emerged as a key player in India’s industrial landscape. Over the decades, the state has witnessed significant growth across various sectors,
36,778 sq. ft. building; Zoning: SE (Suburban Employment): The (SE) District allows numerous commercial site uses; Passenger elevator; Private and common restrooms; Fully sprinkled; Data center with a grounded floor and a specialized HVAC system; 60 KVA back-up generator; Building/pylon signage; Potential to purchase adjacent parcels; Sale Price: $4,413,360
Anilesh Ahuja Pioneering a Paradigm Shift in Real Estate Success.pptxneilahuja668
Anilesh Ahuja journey is a testament to the power of vision, resilience, and unwavering determination. As a visionary leader, he continues to inspire and empower others to dream big and challenge the status quo. His legacy extends far beyond the realm of real estate, leaving an indelible mark on the industry and the world at large.
Why is Revit MEP Outsourcing considered an as good option for construction pr...MarsBIM1
Outsourcing MEP modeling services require effective collaboration and coordination amongst multiple engineering trades. The engineers and the designers often change the details of the MEP projects, but the work of Revit MEP drafting services is having the master plan and model of the complete project. To have proper coordination and installation, there is a need to execute the project effectively. Hence, the work of Revit family creation facilitates the MEP engineers.
Signature Global TITANIUM SPR | 3.5 & 4.5BHK High rise Apartments in Gurgaonglobalsignature2022
Signature Global TITANIUM SPR launched a high rise apartments in Gurgaon . In this project Signature Global offers 3.5 & 4.5 BHK high rise Apartment at sector 71 Gurgaon SPR Road. Signature Global Titanium SPR is IGBC Gold certified, a testament to our commitment to sustainability.
Listing Turkey - Piyalepasa Istanbul CatalogListing Turkey
We are working around the clock to transform a long-time dream into reality. As a result, Piyalepasa Istanbul will be the largest privately developed urban regeneration project in Turkey.
THE NEIGHBORHOOD WE HAVE BEEN LONGING FOR IS COMING TO LIFE
The good old days of the Piyalepasa neighborhood are being brought back to life with Piyalepasa Istanbul houses, residences, offices, hotels and a pedestrianized shopping avenue.
The wide streets of this 82.000 square meter development conveniently face the main boulevard in a prime Beyoglu location. “Piyalepaşa İstanbul” stands out as the only project designed to offer a neighborhood lifestyle, complete with its grocers, bagel sellers and greengrocer. Piyalepasa Istanbul has all the values to make it an authentic neighborhood, our very own community.
A NEIGHBORHOOD FULL OF LIFE, IN THE HEART OF THE CITY!
“Piyalepaşa İstanbul” is a “mixed-use” concept containing all the elements for a vibrant social life with houses, residences, offices, hotels and high street shopping.
“Piyalepaşa İstanbul” will take the liveliness of Istanbul into its heart. The elegant sparkle of Nisantasi, the young and colorful Besiktas, the variety and multicultural heritage of Istiklal Street will all be contained within the streets of this neighborhood.
“Piyalepaşa İstanbul” bears traces of the most beautiful examples of Turkish architecture from the Seljuks to the Ottomans and from Anatolia to Rumelia. With its graded facades, wide eaves, bay windows, pools, and interior courtyard systems, it offers a new living space without disrupting the city’s silhouette and neighborhood.
“Piyalepaşa İstanbul” is the new attraction of this splendid city.
TO BE AT THE CENTER OF ISTANBUL… THIS IS REAL LUXURY!
With its proximity to D-100 highway, connecting roads and tunnels, “Piyalepaşa İstanbul” is only minutes away from Kabatas, Besiktas, the Golden Horn and Karakoy.
“Piyalepaşa İstanbul” is close to the prestigious new Istanbul Court House, a major hospital, the Perpa trade center and the city’s most lively neighborhoods. With its shuttle service to Okmeydani Metrobus station, Sishane and the Court House subway stations, “Piyalepaşa İstanbul” will provide you with the most convenient transport connections.
https://listingturkey.com/property/piyalepasa-istanbul/
2. Thank you for choosing CIBA Insurance Services.
This packet will serve as your formal training. This training has been split into
separate sections that can be reviewed in multiple sessions convenient to your
needs or the agency’s needs. However, all sections should be reviewed within 5
days to gain full understanding of the CIBA Program.
At the end of this training, we you will be asked to confirm your completion of this
training.
If you have any questions on the content of this training, please contact your
underwriter.
If you need help with viewing the training, please contact Lisa Qiang
(lqiang@cibaservices.com)
I Understand
2
5. Who is CIBA?
Established in 1993, CIBA Insurance Services is the Program Administrator for
the CIBA Program.
The CIBA Program is a commercial real estate insurance program
for lessor’s risk properties
Sec. 1 : Program Basics
5
6. 6
CIBA Program Overview
• CIBA Insurance Services is a Surplus Lines Wholesale Broker, licensed in all states
except Alaska
• MGA for various program carrier participants with underwriting authority
• Risk Purchasing Group for Liability Program
• Third Party Administrator (CAG) for adjusting and handling of claims including
defense of litigated liability claims
• Provider of Loss Control and Inspection Services for CIBA & Non-CIBA locations
8. Organization - Departments
President & CEO
Michael Marino
Underwriting
Support
Julie Kim
jkim@cibaservices.com
Underwriting
Manager
Tim Dillon
tdillon@cibaservices.com
Claims Adjusting Group
Bruce Benyo
bbenyo@claimsadjustgrp.com
Inspections &
Loss Control
Randy Morris
rmorris@cibaservices.com
Marketing
Savonia Murray
smurray@cibaservices.com
Accounting &
Financing
Tracey Jackson
tjackson@cibaservices.com
IT Support
Craig Morton
cmorton@cibaservices.com
&
Julie Sharp
jsharp@cibaservices.com
Surplus Lines Tax
Amy Lochmoeller
alochmoeller@cibaservices.com
Property
Liability
CP Law Group
Michael Kennick
mkennick@cplawgrp.com
&
Jonathan Wallack
jwallack@cplawgrp.com
Marketing Asst. &
Broker Support
Lisa Qiang
lqiang@cibaservices.com
8
Sec. 1 : Program Basics
9. CIBA, as Program Administrator, performs the
following functions:
Underwriting
Inspections & Loss Control
Coverage Placement
Processing Support
Sales & Marketing Support
Insurance Certificate Monitoring
Claims Administration through Claims Adjusting Group
(CAG)
Legal Claims support & subrogation through our in-
house law office, CP Law Group 9
Sec. 1 : Program Basics
10. Your Clients will Benefit in the CIBA Program through…
Broad Property Coverage
Individual Underwriting with Multiple Policy Considerations
FREE Online Legal Q&A for Commercial Property Insurance Related
Questions
Subrogations & Claims adjusting cost, including legal
defense cost for covered litigated claims
Property Inspections & Loss Control Services
Equipment breakdown jurisdictional inspections provided upon
request
Online access to specimen policies
Flexible premium payment plans
Commercial Real Estate & Insurance related legal seminars
Insurance Certificate Monitoring Program
Renter’s Liability Program 10
Sec. 1 : Program Basics
11. Fees Associated with the
CIBA Program
Program Fee: to cover claims adjusting, legal defense and loss control costs
Loss Control Program Fee
Program fee is applied to each location on new business and renewal to cover the cost of
CIBA’s Loss Control Program.
The Loss Control Program provides not only property inspections services, but also provides
loss control bulletins, informational newsletters, and seminars to assist CIBA Participants in
developing a culture of loss control to prevent losses.
The properties inspected are based on a weighted priority system and a location may or may
not be inspected as part of the new business or renewal process.
• Submitted via email: $125 one-time Program Fee covering the first 4 locations, all additional
locations will be assessed at $15 per location
11
Sec. 1 : Program Basics
• *New* Submitted via Online Broker Portal: $75 one-time Program Fee covering the first 4
locations, all additional locations will be assessed at $15 per location
12. The CIBA Program is a premier insurance
program. Offering coverage for:
12
Sec. 1 : Program Basics
13. Why is CIBA considered a
Premier Program?
Because of their expertise in the Commercial Real
Estate Insurance Market
Because of their responsiveness to the ever changing
risks
Because of their proactive built-in Loss Control Program
Because of their broad protection & coverages
13
Sec. 1 : Program Basics
Because of their professional in-house Claims Handling
14. The CIBA Program is currently serving
most states
*Property coming soon in New York
*Neither Property nor Liability written in NYC
14
Sec. 1 : Program Basics
15. The CIBA Program is underwritten by authorized
carriers in the Excess and Surplus Lines (non-admitted)
Market with AM Best ratings of A-VII or better
15
Sec. 1 : Program Basics
16. The CIBA Program has experienced steady growth &
currently provides insurance for approximately:
80 Million in Commercial Square Feet
250,000 Apartment & Condo Units
$40 Billion TIV
10,000 Locations
16
Sec. 1 : Program Basics
17. The CIBA Program has historically
retained approximately
80%
of locations on renewal
17
Sec. 1 : Program Basics
18. The agreement between your agency
&
CIBA Insurance Services
is not an Agency Agreement, it is a
Broker Agreement
Broker Agreement Key Points
!
18
Sec. 1 : Program Basics
19. Your Agency:
Broker Agreement
Represents your client, the insured or the applicant, to the CIBA Program
Owns and has full rights of use and control of expirations as they are
the property of your Agency
Does not have binding authority for the CIBA Program
Does not have the authority to issue binders, evidences or
certificates of insurance for the CIBA Program. CIBA provides
this service to your agency
Cannot act as an underwriter or rebroker (act in the capacity of
a wholesaler or provide quotes for other producers or agencies
not appointed with the CIBA Program)*
*only those appointed as a CIBA Wholesale broker may rebroker
19
Sec. 1 : Program Basics
20. You Agreed To:
Broker Agreement
Promptly disseminate notices and information about the CIBA Program to your clients participating
in the CIBA Program
Comply with the license and Surplus Lines laws in each state where licensed
Pay in full all amounts by due date indicated in the invoice, allowing adjustments to be transacted
on subsequent invoices
Promptly notify Claims Adjusting Group (CAG) of all reported claims
Cooperate with CAG to facilitate investigation or adjustment of a claim
Cancellation requested by the Named Insured (timely broker notification to CIBA required within 3 months):
• Due to the sale of the property will be processed pro rata
• For any other reason will be processed short rate
All cancellations are subject to a 25% minimum earned premium
Maintain at least $1 million in Errors and Omissions (E&O) coverage and
furnish proof of E&O to CIBA Insurance Services at each renewal
Provide insured contact information necessary for loss control & inspections
20
Sec. 1 : Program Basics
22. The CIBA Program Carrier Ratings
2017-19
22
AM
BEST
NO. INSURANCE COMPANY
AM Best
RATING
FINANCIAL
SIZE
CATEGORY NAIC CODE
12096 Everest Indemnity Ins. Co. A+ XV 10851
12630 Aspen Specialty Ins. Co. A XV 10717
3283 Colony Ins. Co. A XII 39993
3759 Evanston Insurance Co. A XV 35378
86160 Great Lakes Insurance SE A+ XV AA-1120697
10783 First Specialty Insurance Corp. A+ XV 34916
10838 Hallmark Specialty Insurance Co. A- VII 26808
10604 Homeland Ins. Co. of New York A X 34452
11340 Indian Harbor Ins. Co. A XV 36940
13866 Ironshore Specialty Ins. Co. A XIV 25445
12619 Landmark American Ins. Co. A XIV 33138
12078 Liberty Surplus Ins. Corp. A XV 10725
47731 Lloyd's Syndicate 3624 (Hiscox) A XV AA-1126033
85202 Lloyd's - Brit Syndicate 2987 A XV AA-1128987
84422 Mitsui Sumitomo Ins. Co. Ltd. A+ XV AA-1580085
2428 National Fire & Marine Ins Co. A++ XV 20079
Property
AM BEST
NO. INSURANCE COMPANY
AM Best
RATING
FINANCIAL
SIZE
CATEGORY NAIC CODE
13023 Rockhill Insurance Co. A- XII 28053
3292 Scottsdale Ins. Co. A+ XV 41297
3557 Steadfast Ins. Co. A+ XV 26397
3128 United National Insurance Co. A XI 13064
12630 Aspen Specialty Insurance Co. A XV 10717
12525 Allied World Assurance Company (U.S.) Inc.A XV 19489
12526 Allied World National Assurance A XV 10690
2350 Lexington Insurance Company A XV 19437
2179 Fireman's Fund Insurance Co. A+ XV 21873
2213 Great American Insurance Co. A+ XV 16691
Liability
Property continued
Sec. 2 : Carriers
CIBA uses only the most stable & financially secure carriers
Participating carriers must have an A.M. Best Rating of A-VII or better
23. 23
Participation is described in
the Schedule of
Participating Insurance
Companies, or Appendix,
attached to each
declarations page
Sec. 2 : Carriers
Available on Broker Portal
24. 24
Individual TIV of each location
but not to exceed $150M per occurrence per
Member AIN
How it Works
$990 Million
Up to $10 Million
Stated TIV Individual
Location Limit
NOT SHARED
$1 Billion
Single per Occurrence
Capacity (Shared Limit)
• Automatic
Reinstatement of
coverage following
each occurrence
• No Annual Aggregate
Individual Limit
Layer
Excess Layer
Primary Layer
Sec. 2 : Carriers
Each Excess Property carrier subscribes to provide excess coverage over the primary layer by selecting a layer and
percentage of that layer
Using a Layered approach
25. 25
Individual Coverage
Fannie Mae
The structure of the CIBA Program meets the intent of the Fannie Mae Single Family guidelines
As announced in Broker Announcement 15-25: The structure was...
“…reviewed with Fannie Mae Single Family Unit for compliance…”
Sec. 2 : Carriers
26. 26
Primary liability carrier is Aspen Specialty Insurance Company,
a subsidiary of Aspen Insurance Holdings Limited
All liability provided on a per location basis
with the following limits available:
Aspen - Primary GL Carrier: $1/$2 million limits
Excess Limits provided by 5 other A.M. Best
“A” rated carriers
• Excess Limits available at $5 Million, $10
Million, $15Million, $50Million
• General aggregate per location on Primary
& Excess
Sec. 2 : Carriers
27. 27
2017-19
$5 Million
• Allied World Assurance Company (AWAC) – Locations in states
other than CA & DE
• Allied World National Assurance Company (AWNAC) – Locations
in CA & DE
$10 Million
• AWAC – Locations in states other than CA & DE
• AWNAC – Locations in CA & DE
$15 Million
• Fireman’s Fund Insurance Company
$50 Million
• Great American Insurance Company
• Lexington Insurance Company
Excess Liability Carriers optional
Sec. 2 : Carriers
29. 29
The CIBA Program is designed for
commercial lessor’s risk properties
that are well maintained with acceptable:
Construction
Occupancy
Protection
Exposures
Sec. 3 : Underwriting Appetite
30. 30
Properties that would be good prospects for the CIBA Program are:
Sec. 3 : Underwriting Appetite
31. 31
No Building Age Restrictions
&
No TIV Restrictions
Sec. 3 : Underwriting Appetite
32. 32
CIBA is also open to the challenges of
hard to place risks:
Subsidized Housing Student Housing Vacant Buildings
Assisted or Senior
Housing
Single Family
Dwellings
Accounts with Loss
History
Criteria:
• Off Campus
• Property Manager onsite
• Tenant insurance requirement
and a parent cosign
Criteria:
• Newly completed apartments/condo
associations during lease up
• Recently vacant commercial LRO
buildings
• Must be locked & secured
• Must be well-maintained with no prior
damage
• Central Station Fire & Security
Monitoring
Criteria:
• Well maintained
• Professionally Managed
• Acceptable REAC Score
Criteria:
• Acceptable for Property Coverage
• May be acceptable for Liability if
services are provided by a third
party operator
Criteria:
• Commercially owned and
professionally managed
Criteria:
• Plus aggregate deductible are
available
(pre-funded deductible plans where
unused funds are returned to the
Insured)
Sec. 3 : Underwriting Appetite
34. 34
The Strength of the CIBA Program is its
Coverage Offering
Providing
Strong Protection
is what make the CIBA
Program an essential
Risk Management
SolutionTypical coverage
CIBA coverage
Sec. 4: Coverage
35. 35
The CIBA Property Program
Superior
Coverage with
Broader Coverage
Definitions
Higher
Sub-Limits on
many Coverages
Additional coverages
not usually provided by
Standard Line BOP
Competitors
Sec. 4: Coverage
36. 36
The CIBA Property Program
Click to View Full Comparison
Higher
Sub-Limits on many
Coverages
Sec. 4: Coverage
37. 37
The CIBA Property Program
Additional coverages
not usually provided by
Standard Line BOP
Competitors
Click to View Full Comparison
Sec. 4: Coverage
40. 40
Co Branding
FREE for all of our Authorized CIBA Brokers
Interested? Contact Lisa Qiang at 818.853.5136 or
email lqiang@cibaservices.com
Sec. 5: Marketing Materials
41. 4141
The CIBA Program:
• A “Must Have” Solution for Risk Transfer
• Strengthens your client’s ability to mitigate financial impact of an accidental loss
• One of the most effective risk management solutions in the commercial property insurance market
• Not designed as a low price leader
Sec. 5: Marketing Materials
• Regular Monthly submissions are developed
• Coverage is the focus of the presentation
• Recognizing pricing is competitive for the coverage level offered
Success with the CIBA Program is achieved when…
• A Reason to Contact your Clients
• A Competitive Advantage
• An Alternative Solution to Standard Markets available in every Agency
• Bigger hurdle for Competitors to Overcome
• An Asset for Agency Growth
For your Agency, CIBA’s strong coverage offering provides…
An Opportunity to Differentiate your Agency from Competitors through Value Added Products :
• Flexible Payment Plans
• Renter’s Liability Insurance
• Insurance Certificate Monitoring (ICM)
42. 4242
Info Packets
Ready to prepare your presentation?
Include CIBA’s Program Information Packet
Available on the Broker Portal for
Quick & Easy inclusion in your
Proposal
Packet includes an Overview of
Coverage
Sec. 5: Marketing Materials
44. 44
Need Information?
CIBA’s Broker Portal Offers
Essential Information Online!
http://broker.cibaservices.com/
Need help with access? Contact Lisa Qiang at 818.853.5136 or email lqiang@cibaservices.com
45. 45
Sec. 6: Broker Portal
It is important that your agency removes all staff no longer with your agency to eliminate the
possibility of them having access to your agency’s information (quotes, documents, etc.).
46. 46
CIBA’s Broker Portal:
A gateway to resources, supporting your success
Manage your agency. Serve your insureds.
Sec. 6: Broker Portal
47. 47
User Settings
All Users: Edit own info (name/passwords/etc.)
Admins: Access to add new users/delete old users/update user passwords
Sec. 6: Broker Portal
48. 48
Applications & Supplementals
Access to download all CIBA Applications / Supplementals
CIBA also accepts competitor’s applications & supplementals
Sec. 6: Broker Portal
55. 55
Broker Experience
To help your agency be more successful.
Manage and monitor Agency performance in developing a profitable CIBA book of business
Loss Experience
Submissions
Premium
Retention
Sec. 6: Broker Portal
56. 56
Documents
Download Quotes, New Business Declarations Pages, Invoices,
Renewal Offers, and all other account-related documents
File Name
123_RenewalQuote_ABC Properties_Q12424
123_Invoice_ABC Properties_Q12424
123_Quote_ABC Properties_Q12424
Sec. 6: Broker Portal
61. Minimum Information Required:
Named Insured
Effective Date
Producer Name & Office
Property Type
Coverages Required
Location Address (For Clearance)
Commercial Sq Ft / Residential Sq Ft
Residential Number of Units
Building Value
Verification of Home State 61
Submissions
Sec. 7: Submissions
62. 62
To Submit New Business:
Use the Online Quoting System*
(on our Broker Portal)
Email to CIBAQuote
CIBAQuote@cibaservices.com
OR
Sec. 7: Submissions
*For single locations only with TIV less than 10M. Other restriction may apply, talk to your underwriter for more information
63. 63
Submitting New Business via Email:
cibaquote@cibaservices.com
Acceptable for Single & Multiple Location Accounts (CIBA SOV Excel Sheet available on our
broker portal. Other excel formatted SOV’s or acords also acceptable)
Clearance & 90 day reservation rights acknowledged within 48 hours
Corresponding CIBA Supplemental Applications, available within our Online Broker Portal
(CIBA’s , although will welcome competitor’s supplemental)
-Apartment , Condominium , Industrial/Commercial, Mix-Use Apartment, Mix-Use, Condominium, Office, Retail, Storage, Warehouse, Vacant Building
View status of a submission within our Online Broker Portal
Sec. 7: Submissions
CIBA Supplemental Example
Excel SOV Example
64. 64
To Submit New Business via Email:
Email to: cibaquote@cibaservices.com
Submissions will be responded to within 48 hours with one of three
emails:
Acknowledgment:
Your submission is clear!
You will be notified
via email, letting you know
what date to expect your
quote and who to contact
with updates.
Hold:
Incomplete/missing
information:
You will be notified via email
that your account is on hold
and you have 48 hours to send
in the missing information.
If no response within 48 hours,
your reservation is lost
Declination:
You will receive a
declination via email if
your account has already
been reserved for a
different agency.
Contact your underwriting
team with questions.
Sec. 7: Submissions
65. 65
To Submit New Business via Email:
cibaquote@cibaservices.com
PLEASE INCLUDE THE FOLLOWING:
Effective Date:
Date the coverage
should go into effect.
NOTE: We do not accept
submissions if effective
date is over90 days away.
Need By Date:
Date you need the
quote by.
If Missing Effective Date:
We will choose a date for you 30
days away. Your underwriter will
contact your for actual effective
date.
If Missing Need By Date:
We will choose a date 21 days
before your effective date.
Sec. 7: Submissions
66. Reservation Rights for 90 days on completed Quote
For Single Locations
Obtain immediate quote on eligible properties
Secure Immediate Clearance & Reservation
Revise Quote & Save versions
If system flags a submission for underwriter review, it will be
responded to within 48 hours (see next slide for referral reasons) 66
To Submit New Business Online Quote System
http://broker.cibaservices.com/
Sec. 7: Submissions
67. • TIV Greater than $10 Million
• Locations with more than 50% of building
area occupied by restaurant tenants
• Locations with more than 50% of building
area unoccupied
• Armed security guards or guard dog on
premises
• Locations in ISO Protection Class 8, 9 or 10
• Residential occupancies with aluminum
wiring
• Locations built prior to 1950
• Locations with dry cleaning plant tenants
• Locations with boat docks or piers
• Buildings over 3 stories
• Student housing or assisted living
• Locations without a complete fence around
the pool or have swimming pools with
diving boards or slides
• Locations that have more than one loss or a
loss more than $25k
• Locations in these states: Alaska, Florida
• Earthquake and flood coverages are
available if requested
67
Online Quote System: Referrals
http://broker.cibaservices.com/
Our Online Quote System may refer the submission to your
Underwriter for the following reasons:
Sec. 7: Submissions
68. 68
To Submit New Business Online Quote System
http://broker.cibaservices.com/
Sec. 7: Submissions
69. 69
To Submit New Business Online Quote System
http://broker.cibaservices.com/
Follow the program,
entering in all necessary
information to receive your
quote
Sec. 7: Submissions
70. • Liability Coverage for Owner
Occupied Properties
• Hotel/Motel Operations
• Boarding houses, or when units are
rented on a daily or weekly basis
(SRO)
• Locations in these states: Alaska,
Florida & New York (property only)
70
Online Quote System: Declination
http://broker.cibaservices.com/
The following parameters will result in a Declination
Sec. 7: Submissions
71. 71
48 Hour Hold
Via Online Submissions & Email Submissions
If you are missing essential information we will place your
submission on a 48 hour hold
You will receive notice via email that we
are missing information & account was
placed on hold
Reservation HELD during 48 hour hold
If we do not receive the missing
information within the 48 hour hold,
reservation right is lost for your agency
(notice will be sent via email)
Sec. 7: Submissions
73. 7373
CIBA provides 3 day rescinding period to incumbent broker.
BOR not accepted on released quotes (both renewal and new)
Broker of Record (BOR)
Change Requests
Submit to Underwriter
• On Named Insured’s Letterhead
• Signed by the Named Insured
• Must state New Broker Name in Letter
Sec. 5: Marketing Materials
75. 75
Quotes
Quotes are:
• Provided on Account Basis
• Priced by Individual Location
• Quoted with Optional Coverages
• Provided with requested coverage & optional coverage for
which the submission is eligible
• Based on Total Insured Values (TIV)
• Broker responsible for advising of “Home State” under NRRA
for Surplus Lines Tax reporting
All Quotes are valid for 30 days from Quote Date
Sec. 8: Quotes
76. 76
Quote Delivery
• Quote Release Date:
• Renewal - 21 days before effective date
• New Business - within 5 days from date submitted
with complete application or 21 days before effective
date or on stated need-by date if provided
• All Quotes are delivered to the Online
Broker Portal “Documents” section for
downloading
• Includes links to individual State’s
surplus lines forms
Sec. 8: Quotes
77. 77
Quote Delivery
Broker Quote Packet:
• Documents for your agency use,
including pricing
Participant Quote Packet:
• Documents to place in
your client presentation
provided to you in two separate pdf’s via email
Sec. 8: Quotes
78. 78
Broker Quote Packet
• Quote Summary with annual premiums,
program fees and surplus lines taxes
and fees
• Broker Location Summary with
premiums, deductibles and limits by
location
• Surplus Lines filing information
• Terrorism offer
Your Quote Includes:
• Commission stated & Calculated for
coverages + optional coverages
• All Premiums are Gross
• Quoted With & Without TRIA
• Optional Coverages
Shown (that location
is eligible for)
Quote Information:
Sec. 8: Quotes
79. 79
Participant Quote Packet
• Schedule of endorsements that apply
to this quote
• Program Appendixes (schedules of
participating insurance companies)
• CIBA Payment Plan Offer (if this
account qualifies)
• Insurance Certificate Monitoring
(ICM) Service Offer
• Renters Liability Program for
qualifying residential accounts
• CIBA Coverage Comparison
Form
The Client packet includes:
The packet designed for your
client is available in the Broker
Portal in a PDF for easy
downloading and printing or
emailing. The documents in
the file can be inserted easily
into your presentation.
Sec. 8: Quotes
80. 80
Renewal Quotes
Process
60 days prior to
renewal:
Non-renewal &
Conditional renewal
letters are sent
60 to 30 days prior to
renewal:
Underwriters are
available to discuss
and negotiate issues
or concerns on
individual accounts
prior to finalizing
renewal offer
21 days prior to
renewal:
quote released*
*if needed earlier,
please contact your
Underwriter
Sec. 8: Quotes
82. 82
Binding Coverage via CIBAQuote Email
Submission cibaquote@cibaservices.com
Send an e-mail message requesting CIBA to bind coverage, and be sure to
include the following in your email message:
1. All the coverages that
are required, including
corresponding premiums,
taxes and fees.
2. Whether TRIA is
included or excluded.
3. The requested
effective date of
coverage.
Sec. 9: Binding Coverage
NOTICE: CIBA Broker are not authorized to issue a Certificate of Insurance, it must be obtained
through our website or from your CIBA Underwriter.
83. 83
http://broker.cibaservices.com/
To Bind coverage, select saved version best meeting clients’ needs.
Submit to Underwriting
Receive immediate bind request acknowledgement
Receive confirmation of bind from Underwriter
Download documents from the Broker Portal
Binding Coverage via Online Broker
Portal
Sec. 9: Binding Coverage
84. 84
Billing Options
Agency Bill (Standard Method)
• Retained commission
Direct Bill (CIBA to Insured)
• Commission Paid to Broker upon receipt from insured
• Arrange by advising your Underwriter at time of binding
CIBA Direct Bill Payment Plan
For accounts $5,000 or more in Gross Premium
Down Payment:
• 25% of Gross Premium + Surplus Lines Tax & Fee
• 3 Installment Payments
• Extended installments available for larger premium accounts
• Ability to modify for eligible accounts provided in the Broker
Portal
• Commission paid to Broker upon receipt of payments
Sec. 9: Binding Coverage
85. 85
Benefits of CIBA Payment Plan
Payment Plan Comparison to Standard Finance Agreement
Total Annual
Premium
+
Service Charge
= Total Down Payment
$16,332 $125 $4,714
Installments
Due at 30 Days Due at 60 days Due at 90 days
$3,914 $3,914 $3,914
Total Price of
Premiums
+ Finance
Charge
Cash Down
Payment
Annual
Percentage Rate
$16,332 $468 $5,453 9.28
Amounts of Monthly Payment Number of Payments
$1,135 10
Total Amount Paid : $16,800Total Amount Paid : $16,456
CIBA Payment Plan
Total Savings by choosing CIBA Payment Plan: $344.00
Total Annual
Premium
+
Service Charge
= Total Down
Payment
$135,522 $250 $34,130
Installments
may qualify for extended payments
Due at 30 Days Due at 60 days Due at 90 days
$33,880 $33,880 $33,880
Total Price of
Premiums
+ Finance
Charge
Cash Down
Payment
Annual Percentage
Rate
$135,522 $4,629 $44,722 9.28
Amounts of Monthly Payment Number of Payments
$7,952 12
Total Amount Paid : $140,151
Total Amount Paid : $135,772
Total Savings by choosing CIBA Payment Plan: $4,379
Standard Premium Financing Agreement
ExampleAExampleB
Sec. 9: Binding Coverage
89. 89
Added Benefits
Renters Liability Program
CIBA’s Renters Liability Protection provides resident liability coverage designed to maximize
protection for each unit from resident-caused damage. Our program is designed to protect an owners
bottom line by providing each occupied unit with $100,000 of liability coverage for:
Contact Lisa Qiang for more information
lqiang@cibaservices.com
818.853.5136Sec. 10: Added Value
90. 90
Added Benefits
Renters Liability Program
Contact Lisa Qiang for more information
lqiang@cibaservices.com
818.853.5136
Eliminates need to
require tenant
obtained renters
insurance
Protects Owners
Profitability
Reduce expenses
incurred for repairing
tenant caused damages
falling under property
insurance deductible
Stabilize property
insurance rates through
reduced claims activity
No Cost to Owner!
Cost passed on to
tenant through
“Community
Maintenance Fee”
included in rents
Supplemental
Endorsement:
Provides Owner with
Opportunity for
Refund of Premium
to Cover “Profit
Leakers” following the
end of policy period
*Please review landlord
supplemental coverage
endorsement
Added Value to Apartment Complex Owners
Sec. 10: Added Value
91. 91
Added Benefits
Inspections for CIBA & Non-CIBA Accounts
Randy Morris, CIBA Insurance Services
rmorris@cibaservices.com
Different property types require different inspections, which
is why CIBA Inspections are specific to the type of property
they are working on. CIBA Inspections are available for most
location types including: warehouses, light manufacturing,
retail strip centers, distribution centers, industrial parks, self-
storage facilities, office buildings, apartments, homeowners
associations, condominiums, mixed-use buildings, planned
unit developments, single family dwellings, vacant buildings,
and more. We also conduct jurisdictional boiler inspections.
Contact us today to see if your location qualifies.
• Cover Letter: A short introduction
• Property Report (specific to property type): Our
comprehensive inspections report includes a brief
overview of the operations at the location inspected along
with the specifics of Construction, Fire Protection,
Exposure Summaries, and any other notable portions of
the property (such as pools, fitness centers, etc.) and
observation/recommendations.
• Photos: Property photos are provided within the report
as well. CIBA includes a birdseye view (when available)
along with exterior views from each side of the building,
interior, high hazard areas, and any areas that are in need
of immediate attention. Infrared imaging available. Our inspections team covers areas across the nation.
Quotes are generated per location and based on a number of factors including property type, location, number of buildings, and
more. An additional fee may be charged for rush inspection requests. To obtain your quote, contact Randy Morris using the
information below.
Comprehensive Reports Specific to your Property Type
For Locations Across the U.S.
Interested? Obtain your Quote Today
The same great service you see from our professional and knowledgeable Inspections Services team is now
available for non-CIBA accounts as well for a nominal fee.
Sec. 10: Added Value
92. 92
Added Benefits
Provides Program Participants with…
Free Online Legal Advice for Commercial Real Estate related Matters
Flexible Account Payment Plan Options
Loss Control Advisories & Seminars
Commercial Real Estate Seminars
Loss Control Program
And optional Service Programs:
• Insurance Certificate Monitoring Program (ICM)
• Renters Liability Program
• Flexible Payment Plan
Sec. 10: Added Value
94. 94
Claims Adjusting Group (CAG)
CAG is CIBA’s in-house Claims Adjusting Group
that works with our
in-house Defense team, CP Law Group
to handle your claims with the highest level of
customer service available.
Sec. 11: Claims
95. 95
Claim Reporting: Forms
Claim reporting information and the reporting
forms are available:
on CIBA’s website at http://www.cibaservices.com/
and in the Broker Portal at http://broker.cibaservices.com/
Sec. 11: Claims
96. 96
Claim Reporting: Process
Email the completed form to Claims Adjusting Group (CAG) at
claims@claimsadjustgrp.com or fax it to (818) 638-8530
To report a SEVERE PROPERTY claim, or to report a claim after
normal business hours or on a holiday, please call (818) 645-1079
The assigned adjuster will attempt to make contact within 24 hours
to discuss the claim and set up an appointment to inspect the
damages
Sec. 11: Claims
97. 97
Property Claims Process
First 24 hours...
1. Claim Assigned to CAG Adjuster to Oversee
• Sends written acknowledgment of claim to insured
• Makes voice to voice contact with the insured
2. Contact is made with insured & an inspection date/time is set
When a claim is received, it is set up and assigned to a CAG Adjuster within 4
business hours
Sec. 11: Claims
98. 98
Property Claims Process
3-5 Days
Loss is inspected, initial scope of loss completed
4-15 Days
Loss Adjustment Process Continues
• CAG Adjuster & Consulting Contractor work together to scope the loss
• Contractor develops estimates of work requirements/costs per the scope of the loss
Receive estimate from Consulting Contractor for Review
• CAG conveys carrier’s acceptance/denial in whole or part
• or, advise insured if additional time required
Sec. 11: Claims
99. 99
Property Claims Process
By Day 30:
• Acceptance / agreement of settlement by insured (or status letter sent to insured
detailing why more time is needed
• Clarify Actual Cash Value (ACV) Settlement and Estimated Amount of Recoverable
Depreciation (RCV)
• Exchange ACV Payment for Executed Proof of Loss by Insured
Sec. 11: Claims
100. 100
Claims Process
Additional Information:
• Large losses:
• Additional inspections may be needed
• Engineers/Experts may be called in to evaluate
• Carrier may become more involved
• Supplement damage may be discovered during repair
• Adjuster will inspect, complete adjustment process
• Make ACV payment in exchange for Proof of Loss
Sec. 11: Claims
101. 101
Recoverable Depreciation
(RCV)
• RCV is an estimate above ACV for actual repair or replacement
• Repairs must be completed or property replaced
• Proof of repair cost needs to be provided to adjuster
• Adjuster will inspect to verify completion
• Adjuster will submit report/request for payment
• Payment made in exchange for executed Proof of Loss by insured
Sec. 11: Claims
102. 102
Liability Claims Process
Loss Submitted
• Loss is submitted by
broker, insured, or
claimant
Claim Created
• A claim is created and
coverage is confirmed
(effective dates and
location) by the Claims
Admin team (this usually
occurs within 2 hours of
receiving the loss report)
Clears / Does not Clear
• Clears: the claim is assigned
to an adjuster (usually
within an hour of coverage
being cleared). The adjuster
assigned is based on
licensing and experience.
Does Not Clear: The claim is
assigned to our coverage
analyst for investigation and
potential denial of coverage.
Contact Insured
• Adjusters contact the
insured within 24 hours.
The purpose of contacting
the insured first is to
obtain any knowledge,
documentation, etc., the
insured has regarding the
alleged loss.
Sec. 11: Claims
103. 103
Liability Claims Process
Contact
Claimant or
Attorney
•Adjusters contact the
claimant or attorney to
determine the severity of
injuries or damages and
to ask them to provide us
with a description of
how, when and where
the loss occurred
Claim
Resolved
•Once all documentation
and information has
been gathered, the claim
is resolved, either by
payment to the claimant
or by liability denial.
Payment
Made
•If payment is made, an
invoice will be sent to the
insured for deductible
recovery.
Questions?
•If you have questions
during any portion of this
process, contact CAG.
Sec. 11: Claims
105. 105
Loss Control Program
CIBA’s Loss Control division has an in-house
team of experienced Field Consultants employed
to provide professional loss control services and
property inspections.
Loss Control Services are available for CIBA and
Non-CIBA Participants
Sec. 12: Loss Control Program
106. 106
Loss Control Program Fees
A Loss Control Program Fee is based on size of location
and is charged in support of the CIBA Loss Control
Program to provide loss control bulletins, informational
newsletters, and seminars as well as to conduct property
inspections.
The property inspections are based on a weighted priority
system and a location may or may not be inspected as
part of the new business or renewal process
Sec. 12: Loss Control Program
107. 107
New Business Property Inspections
New locations added to the CIBA Program are inspected
based on a risk rating criteria that includes TIV, Year Built,
Property Type, Occupancy and Habitability rating.
Upon completion of the inspection a written report is
prepared for underwriting review and distributed to the
Broker and CIBA Program Participant.
Sec. 12: Loss Control Program
108. 108
Property Inspection Findings
The Field Consultant will issue a letter to the Broker and the
CIBA Program Participant outlining the areas of concern and
the recommendation for action to resolve the issue.
If the Participant needs a reasonable amount of time to
complete the recommendations, they should communicate their
intent with the Field Consultant so the Field Consultant is aware.
If the property inspection reveals findings that
are advisory or critical in nature...
Sec. 12: Loss Control Program
109. 109
Advisory & Critical Recommendations
If a recommendation is made, the Field Consultant will follow up with the Participant
via email within 60 days & again at 90 days to record progress or completion of the
recommendations.
If the record does not show completion of the recommendations, a follow up will be
made by the Field Consultant at the 8th month of the policy year before the locations
goes to underwriting to enter the renewal underwriting process.
The underwriter will evaluate incomplete recommendations as part of the renewal
underwriting process to determine if a renewal offer will be made.
Sec. 12: Loss Control Program
110. 110
Location Ratings
Each location is rated separately for Property & Liability
• Each location is given an internal specific rating of Above Average, Average,
Below Average, or as a High Risk Notification, based on the inspection results.
• Properties that qualify as a High Risk Notification (HRN) will be addressed
immediately with the underwriter
• Properties that fall Below Average will be reviewed for non-renewal or an
increased premium or deductible if not addressed before the renewal period.
Sec. 12: Loss Control Program
111. 111
High Risk Notifications (HRN)
If the property inspection reveals one of the following:
• Property Usage misrepresented in original application
• Multiple findings that are critical or some that are severe in nature...
The Field Consultant will issue a High Risk Notification
(HRN) to the underwriter.
The HRN process involves an additional review by the underwriter and
communication with the Broker of Record. There are multiple outcomes of
the HRN process:
1. The underwriter may offer the Participant the policy term to address
all areas of concern with the expectation that any and all repairs
would be completed by the time the location enters the renewal
underwriting process. If not completed, the underwriter may issue a
non-renewal.
2. The underwriter may offer a specific period of time for the
Participant to address all areas of concern and, if the repairs are not
completed by then, the underwriter may ask the Broker to replace
coverage
3. The underwriter may ask the Broker of Record to replace coverage
immediately
Sec. 12: Loss Control Program
112. 112
Renewal Property Inspection
Upon completion of the
inspection a written
report is prepared for
underwriting review and
distributed to the Broker
and CIBA Program
Participant.
At this point, the process
is the same as the new
business inspection
process as it regards
issuing the report,
advising the Participant in
regards to advisory and
critical areas of concern,
HRN, follow up and
renewal process review.
Locations currently
insured through the CIBA
Program are entered into
the reinspection process
when it has been at least
3 years since the prior
inspection. Or, upon
request by the
underwriter.
Locations continuing to be insured through the CIBA Program will be subject to
re-inspection based on a risk rating criteria that includes TIV, Year Built, property Type,
occupancy, Losses, Prior Inspection results, Crime and Habitability rating.
Sec. 12: Loss Control Program
113. 113
Valuable loss control information is available to the Broker in the
Broker Portal and on CIBA’s website for distribution to CIBA Participants.
Sec. 12: Loss Control Program
114. 114
Loss Control Marketing Materials
Newsletters Loss Control Bulletins
Found on the Broker Portal & Website
Quarterly updates to Program
And seasonal information
Information on specific
Risk Management Topics
Sec. 12: Loss Control Program
116. 116
Amy Lochmoeller
818.853.5152
alochmoeller@cibaservices.com
www.cibafoundation.com
Since founding in 2005, the CIBA Foundation has given back to communities across the U.S.
by awarding grants that directly help enrich the lives of disabled and disadvantaged
children.
We encourage our Brokers to submit recommendation of charitable organizations that fit our mission of helping
disabled and disadvantaged children. If approved, recognition will be given to you and your agency for suggesting
the organization, allowing you to stand out in your community
Donations of $300 or more will be recognized on our Foundation Website.
Stand out in your community
Stand out with CIBA
CIBA was excited to join the annual Stroll & Roll (2017). Through
donations from staff and brokers, we were able to surpass our goal! All
money raised goes to programs for children with disabilities.
Contact Us:
If you have a suggestion of an organization or would like
to make a donation to help us continue our mission, please
contact us using the information below.
CIBA Foundation
Sec. 13: CIBA Foundation
117. 117
CIBA Foundation
UPWARD Phoenix, AZ
UPWARD provides many services, including an outpatient therapy that supports under-insured, low-income children with mild to
severe developmental delays and/or disabilities. CIBA Foundation grant went directly to the children participating in their outpatient
therapy and will include purchasing items such as adaptive toys, vision assessment materials, sensory supplies, feeding therapy items,
and more!
AbilityFirst Pasadena, CA
AbilityFirst provides programs for children with disabilities and special needs services
to help participants reach their full potential throughout their lives. CIBA Foundation
grant went directly towards building them a new basketball court, encouraging growth
and teamwork.
Take a look as we visit the AbilityFirst center in Pasadena and talk with a few of the
children and staff. https://www.youtube.com/watch?v=hU4KI4V_2xM&t=161s
Making a Difference
Judi's House Denver, CO
Judi's House provides help and support for children and families grieving a death find connection and healing. CIBA Foundation grant
went directly towards providing a comfortable and safe place for their youngest clients aged three to eleven. Including bean bag chairs
and items to provide education and support both in their facilities and while traveling to specific locations.
With your help & generosity, the CIBA Foundation has been able to provide support for many organizations that have
helped to enrich the lives of disabled and disadvantaged children. Here are only a few of the grants CIBA has had the
privilege of awarding:
Sec. 13: CIBA Foundation