Broker Scorecard

We created this broker scorecard to help you rate your broker!

Name*

Email*

Phone*

How often do the principals of the firm meet with you?
QuarterlyBi-annuallyAnnuallyNever

Does your broker voluntarily disclose their total revenue on your account each year prior to renewal as part of their proposal?
YesNoI don't know

Does your broker disclose and discuss with you whether or not they have contingent compensation arrangements where they earn revenue from carriers for volume production or maintaining favorable loss ratios?
YesNoI don't know

Does your broker disclose and discuss with you whether or not they mark up the APR on your premium finance agreement or earn other fees from premium finance companies for placing your business with that specific finance company?
YesNoI don't know

Does your broker offer to work for a flat fee instead of a commission to eliminate any perception of conflict of interest and/or to lower the total cost of your program?
YesNoI don't know

Does your broker regularly offer creative alternatives to simply buying insurance policies, such as alternative risk transfer strategies, captives, large self insured retentions, etc.?
YesNoI don't know

Does your broker offer suggestions on how to create new revenue streams from your risk management program?
YesNoI don't know

How far in advance of your renewal date do you have a pre-renewal strategy meeting?
6 Months3 Months1 MonthI don't have one

How far in advance of your renewal date does your broker present you with a renewal proposal?
30 Days14 Days7 DaysDay before, or after renewal

How soon after renewal do you receive accurate policies?
30-60 days60-90 days90-120 daysNever

Does your broker provide a stewardship report on an annual basis?
YesNoI don't know

Has your broker always delivered a certificate of insurance on time and have they always been accurate?
YesNoI don't know