We appreciate your interest in our office and the opportunity to establish a long-term professional relationship.
We are proud to maintain long-standing producing relationships with elite retail insurance agents throughout the State of Florida. Contact us to locate a producing retail agent near you.
Our executive management spans decades of combined experience. Business grows when people grow. We evaluate, process and open ourselves to new ideas.
Exceptional customer service and smart performance solutions. Experienced local and dedicated underwriting with an unmatched ease of business.
Commitment to local and statewide underwriting tailored for specific territorial exposures. Our knowledge, discipline and procedures help expand our business.
WE CAN HELP PLACE YOUR BUSINESS TODAY
How can you effectively negotiate in both hard and soft markets? Preparation, education, a win-win mindset and communication are key.
Negotiation can be exciting for some and anxiety-causing for others. In our industry, negotiating is a daily – or hourly – occurrence. No matter how comfortable, elements outside your control can instantly impact how you do business. A recession strikes, natural disaster occurs or a robust economy emerges with plentiful access to capital, switching the market from hard to soft and back again. ‘Market proof’ negotiation strategies to weather any storm.
This includes a description of all operations, loss history, expiring terms, peripheral exposures, and any subcontractor or additional insured requirements. Precise ongoing communication and information will reduce friction, limit inquiries, back-and-forth exchanges and pending data. Precise detailed information generates fewer questions and will garner a faster response.
Why is the account being marketed? Who controls the account? Have renewal terms and pricing been offered? Are coverage needs being achieved? Competition and target pricing? Current and prior carrier information is essential. Usually, complete and accurate information will produce a faster underwriting decision.
Provide accurate time constraints. While submitting required information makes a big difference, it won’t always eliminate questions. This is E&S business, we expect and anticipate tough decisions. Outline challenges or issues and work closely with our underwriters to find a tailored solution. Ensure you and your customer get exactly what you need.
Include loss runs, a supplemental application (any carrier) to get the submission routed quickly. A few extra moments to ensure precise required information will increase our speed. Outline issues or a point of contention creating a challenge towards placement. These issues could be outlier incidental operations or ambiguous exposures that need to be classified or interpreted accurately.
In a fast changing business, knowledge, communication and speed wins. Guidelines change, rates adjust and appetites emerge. Enhance your relationships and secure your client by always providing us a last-look opportunity to place your business.
Best practices that agencies can apply prior to binding coverage.
Firestone Agency of Florida, Inc.
Wholesale Insurance Brokers | MGA
Boca Raton, Florida
International Plaza
7280 West Palmetto Park Road
Suite 106-N
Boca Raton, FL 33433
Call Us (954) 341-8331
Ponte Vedra, Florida
Valley Ridge Professional Park
4210 Valley Ridge Blvd
Suite 127
Ponte Vedra, FL 32081
Call Us (800) 683-1150