Let's Hear About Your Whale

Discussion in 'P&C Insurance Forum' started by Arnage150, Feb 2, 2016.

  1. MrGolf
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    MrGolf Super Genius

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    Cold call... We target the lumber industry so I like to think they had heard of our reputation (maybe wishful thinking??). I have a WC company that will kill their current rates (11.30 vs. 16.85 per hundred) on the sawmill class, but it is very selective underwriting; I just need one more year behind as 2011 was brutal for them and is still showing up. In the short run I might not can help them, in the long run I definitely can. Guess we will see how it shakes out in a week or so.
     
  2. Ocho
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    Ocho Expert

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    Holy spit! What state?
     
  3. Arnage150
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    Arnage150 Guru

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    Oddly enough I am looking into boats as we speak.

    NY or course. Hate it or love it NY labor law makes me money.
     
  4. NYR85
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    NYR85 Expert

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    I landed a Large NYC union trade contractor with terrible loss history and being dropped from admitted market. The best their broker could do at the time was $1,250,000, I saved them 150k on the XS alone and was rewarded with a BOR on the GL quote. Since then I've brought their costs back down to reality but it was fun while it lasted......

    2014-$1,100,000 GL/XS
    2015-$680,000 GL/XS
    2016-$400,000 GL/XS
     
  5. agentonline
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    agentonline New Member

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    nice...

    This past year I picked up an OCIP deal worth about 400k premium. FL
     
  6. AZDave
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    AZDave Guru

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    Really Nice. and the service work is probably less than the time I spent today renewing a $20,000 plumber with 68 coi's..?
     
  7. xrac
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    xrac Guru

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    One man's whale is another man's bait fish.
     
  8. insurance1822
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    insurance1822 Guru

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    While you guys talk about your big commercial accounts...Insurance1822 is just hands/face pressed to the glass looking at your world wishing I could be in it. Mark my words...I'm coming to commercial
     
  9. GXR2
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    GXR2 Super Genius

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    Hearing this put fire back into my soul. Getting burned out on the personal lines grind, the customers it attracts, and the peanuts for how hard I work. I am seriously getting into commercial. Thanks for the inspiration.
     
  10. insurance1822
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    insurance1822 Guru

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    ^Based off your $hit ass splits...I can't believe you stick with this! At least I keep the whole bag..your agency is butt raping you brah. But ya...commercial is where it's at.
     
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