1. COMMISSIONS & ACCOUNTING OVERVIEW

2. Novemeber 2007 Networked Insurance Agents Copyright 2007 Contact Information  Shannon Frost Accounting Manager (530) 477-3936shannon.frost@networkedins.com  Sandi Smith Accounting Supervisor (530) 274-6976sandi.smith@networkedins.com  Debbie VigilDirect Bill Accountant & Affiliate Dues (530) 274-6963debbie.vigil@networkedins.com  Ann TruexDirect Bill Accountant (530) 477-3942ann.truex@networkedins.com  Ashley SperlingAgency Bill Accounting (530) 274-6939ashley.sperling@networkedins.com  Jeannette LittleDirect Bill/Agency Bill (530) 477-3916jeannette.little@networkedins.com  Brittany NeumanAccounting Assistant – Direct Bill (530) 477-3935brittany.neuman@networkedins.com

3. Novemeber 2007 Networked Insurance Agents Copyright 2007 Facts about Direct Bill with Networked Insurance Agents Direct bill companies bill the insured for all premiums (including down payment with a few exceptions). Direct bill companies bill the insured for all premiums (including down payment with a few exceptions). Each carrier offers various payment plans. See your Underwriter for the options. Each carrier offers various payment plans. See your Underwriter for the options. Networked Insurance Agents receives commissions from carriers 60-90 days after the insured has made there first payment. Networked Insurance Agents receives commissions from carriers 60-90 days after the insured has made there first payment. Direct bill commissions are paid & mailed on the 10 th of every month. Affiliate commission statements are currently available online on our website under “Affiliate Tools”, then select “Agent Commission Statements”. It will ask for a user ID and password. Direct bill commissions are paid & mailed on the 10 th of every month. Affiliate commission statements are currently available online on our website under “Affiliate Tools”, then select “Agent Commission Statements”. It will ask for a user ID and password. If you don’t have an ID or password, the agency principal needs to send an email to: questions@networkedins.com designating him or herself as the appointed user. If you don’t have an ID or password, the agency principal needs to send an email to: questions@networkedins.com designating him or herself as the appointed user.

4. Novemeber 2007 Networked Insurance Agents Copyright 2007

5. Novemeber 2007 Networked Insurance Agents Copyright 2007 How Networked Insurance Agents Handles “Exchange Checks” With few exceptions, agents should not remit deposit checks to Networked Insurance Agents for direct bill policies. The CARRIER WILL BILL the insured directly. With few exceptions, agents should not remit deposit checks to Networked Insurance Agents for direct bill policies. The CARRIER WILL BILL the insured directly. If Networked Insurance Agents receives a deposit check, we must hold the check in our office until the carrier assigns a policy number. This sometimes results in clients being billed by the carrier after we have received premiums. This can cause concern & confusion for the insured and you. If Networked Insurance Agents receives a deposit check, we must hold the check in our office until the carrier assigns a policy number. This sometimes results in clients being billed by the carrier after we have received premiums. This can cause concern & confusion for the insured and you. PLEASE DO NOT SEND DEPOSIT CHECKS unless requested by the underwriter on the quote sheet!! PLEASE DO NOT SEND DEPOSIT CHECKS unless requested by the underwriter on the quote sheet!!

6. Novemeber 2007 Networked Insurance Agents Copyright 2007 Facts about Agency Bill with Networked Insurance Agents Agency bill carriers, bill Networked Insurance Agents for premiums due. Agency bill carriers, bill Networked Insurance Agents for premiums due. Agents should RETAIN their share of commission from the gross premium and remit the total net premium to Networked Insurance Agents. Agents should RETAIN their share of commission from the gross premium and remit the total net premium to Networked Insurance Agents. Full payment must be received by Networked Insurance Agents within 15 days of the effective date of the policy. Full payment must be received by Networked Insurance Agents within 15 days of the effective date of the policy.

7. Novemeber 2007 Networked Insurance Agents Copyright 2007

8. Novemeber 2007 Networked Insurance Agents Copyright 2007 Premium Financing Networked Insurance Agents offers competitive premium financing services with website quoting and account inquiry. Networked Insurance Agents offers competitive premium financing services with website quoting and account inquiry. Prepare your own contracts or contact your Underwriter. Prepare your own contracts or contact your Underwriter. Networked Insurance Agents can serve all your premium finance needs – not just your Networked Insurance Agents clients. Networked Insurance Agents can serve all your premium finance needs – not just your Networked Insurance Agents clients. If premium financing the policy through Networked Insurance Agents, financing company affiliates should retain their commission from the down payment. If premium financing the policy through Networked Insurance Agents, financing company affiliates should retain their commission from the down payment.

9. Novemeber 2007 Networked Insurance Agents Copyright 2007 Exciting News for Direct Bill   What’s New?   Commission Statements are available online   To obtain a login and password, the agency principal would send an email request to questions@networkedins.com   Commission payment by Electronic Funds Transfer   EFT forms can be obtained and submitted online from our website www.networkedins.com   What’s Coming?   Improvements to Invoicing Process   Potentially invoicing off carrier statements   Eliminate reconciliation issues   Accelerate Payments to Affiliates

10. Novemeber 2007 Networked Insurance Agents Copyright 2007

11. Novemeber 2007 Networked Insurance Agents Copyright 2007 Thank You! We appreciate your business!