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What is SIAA all About?.

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Presentation on theme: "What is SIAA all About?."— Presentation transcript:

1 What is SIAA all About?

2 SIAA IS ABOUT BRINGING YOU…..
Stability of Insurance Companies Higher Revenue from your business Mentoring from a Concerned Agency Partner

3 SIAA IS ABOUT HELPING YOU…..
Is growth a problem for you? Do you "walk" by commissions on business that you cannot write or, worse yet, do you refer this business for a reduced commission and no ownership?

4 Would you like to build your own independent insurance agency, create an equity value of two times your gross annual agency commission income, and be able to determine whom you sell your business to? Would you like to profit sharing on some of the business that you write?

5 Do you have access to business that you cannot write because your company does not accept it or is not competitive? Would you like to earn a possible average of 15% new and renewal commission?

6 BY BECOMING AN INDEPENDENT STRATEGIC MEMBER YOU WILL RECEIVE…..
The ability to create and build your own Independent Agency! Access to the Master Agency and their competitive insurance companies!

7 Ability to earn individual company appointments!
Receive profit sharing and growth bonuses! Ongoing development of insurance programs exclusive to Members! Assistance with pricing and placement of all lines! Administration, sales and marketing assistance!

8 Automation and management system discounts!
Determine the perpetuation of your agency! Membership in SIAA, Inc., a $3 billion national network with over 1,300 Independent Agency Members

9 About SIAA The SIAA concept originated in New England with creation of the SAN Group in At the time, many local agencies were finding it impossible to get appointments, compete against larger agencies, receive profit sharing and survive. SAN Group has grown to over 165 members and writes over $200 Million in premium.

10 Scope of SIAA Today Operates in 48 states and Canada
Produces over $3.1 billion of premium volume Generating over $2,000,000 in excess compensation/overrides for our Members Over 1300 members and Growing. Access to 2.5 million Insureds

11 SIAA’s Strategic Vision
Appoint 250 Strategic Master Agencies Comprising 373 Territories Resulting in a National Membership of 5,250 Independent Strategic Members Write more than $20+ billion in premium Result is Income and Clout

12 SIAA TODAY

13 SIAA Partners In conjunction with the national SIAA, a master agency was formed by Prins Insurance, Inc. of Sanborn, Iowa and Sioux Falls, South Dakota. The master agency territories are the whole state of South Dakota, eighteen counties in northwest Iowa, and nine counties in southwest Minnesota.

14 SIAA Partners Purpose Establish a Network of Local, Independent, Insurance Agency Partners Who Want to Grow and Profit. Offer Local Independent Agents the Ability to Remain Independent, Gain New Markets, Generate Additional Income and Receive Profit Sharing Without Having to Sell, Merge or Cluster.

15 SIAA Partners Vision Appoint 50 Independent Strategic Members in South Dakota, Iowa, and Minnesota from 2003 through 2007. Write more than $80 million in network premium by the end of 2007. Have contracts with every national SIAA Insurance Company opportunity available.

16 SIAA Partners Insurance Companies Today
The Hartford – Personal & Commercial Acuity Insurance – Personal & Commercial Fidelity National – Personal Allstate Insurance Company – Personal & Commercial Progressive Insurance – Personal & Commercial Hawkeye Security Insurance (Liberty) – Personal & Commercial for Iowa & Minnesota Auto-owners Insurance – Personal & Commercial Continental Western Group – Special programs and Commercial Statewide and regional farm mutual companies

17 SIAA Partners Today Specific Opportunities
SIAA Preferred Commissions with The Hartford SIAA Overrides and Growth Bonuses with The Hartford Local Profit Sharing with most SIAA Partner companies Premium Financing profit sharing

18 SIAA National Opportunity Companies: Hartford – Travelers – Safeco
Kemper Unitrin – Liberty – Zurich Would you like the stability and increased income opportunities that are available to SIAA members with the above national companies? “or would you rather fight your own battle with the Insurance Companies year after year after year after year” 2

19 WE WANT TO SAY THIS AGAIN….. SIAA IS ABOUT BRINGING YOU…..
Stability of Insurance Companies Higher Revenue from your business Mentoring from a Concerned Agency Partner


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