Notes
Slide Show
Outline
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"A tour of new programs"
  • A tour of new programs
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MeerKats 2008
  • The focus of this short presentation is to introduce what Meerkats Group can provide to the Insurance Agent and your clients.  The main purpose is to roll out the i-bind program.  You can view it in Slide Show or by browsing through the slides in Normal View.


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About MeerKats Group
  • We are a Northwest-based Excess and Surplus Lines broker headquartered in Portland, Oregon. The company was started by industry veterans who have worked for over 30 years in the insurance business on the carrier, retail and wholesale sides. The diverse background gives us a unique knowledge of the needs of the buyer, retailer and the carrier.
  • MeerKats Group does not work directly with insured's. Rather, we serve as a key intermediary between the independent insurance agents and the nation's top insurance carriers. We work with the insured's retail insurance agent or broker to provide comprehensive, cost-effective commercial coverage's and specialty programs for a wide variety of risks.
  • We provide the following key benefits to independent agents and brokers:
  • Exceptional access to more than 100 standard and specialty carriers, domestic and foreign
  • Innovative, exclusive insurance programs for niche businesses and industries
  • The ability to identify untapped market capability and capacity
  • Product expertise
  • Highest rate of return to our retailers

  • Our goal is to help agents and brokers serve their  clients by providing fast, honest service ...product expertise ...market knowledge...and identification of new revenue streams and business opportunities.
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MeerKats Products!
  •  Errors & Omissions
  •  Technology E&O
  •  Architects & Engineers E&O
  •  Directors & Officers Liability
  •  Environmental
  •  Property, Inland Marine and DIC
  •  Specialty Casualty and Umbrella
  •  i-bind program
  •  Lloyds appointed broker


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i-bind  Advantages
  • Allows an agent or broker to complete an entire end-to-end transaction – enter submission info, generate multiple quote options, bind a policy – in as little as one minute.
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i-bind program
  • Eligible Risks:
  • Private Companies  or  Not-for-profit Organizations
  • Size :
  • • $100 million or less in annual revenues
  • • 1,500 employees or less
  • : Limits
  • Up to $10 million (shared or separate limits available)
  • Features & Highlights:
  • • D&O, EPL, Fiduciary can be written mono-line or in any combination as a package policy
  • • Broad definition of Claim
  • • Broad definition of Employee
  • • Broad definition of Subsidiary
  • • Broad definition of Loss
  • • Duty-to-defend
  • • Broad definition of Employment Practices Wrongful act
  • • Third-party coverage
  • • 75-day post-policy reporting period
  • • Non-cancelable by insurer
  • • Continuity available
  • • $0 D&O and EPL retentions are available on eligible not-for-profit accounts
  • • Free policyholder Workplace HELPLINE services*
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Application
  • Nine questions. One minute. One binder:
  • Applicant name
  • Zip code
  • Private or NFP account
  • Coverage - D&O, EPL, Fiduciary
  • Description of operations
  • # of Full-time employees
  • # of Part-time employees
  • Total assets*
  • Total revenue
  • *Only needed for private companies
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Questions
  • What is (i-bind)®?
  • (i-bind) is an Internet-based underwriting system that allows MeerKats agents to complete an application online, receive a quote or indication, generate a proposal to an insured, and bind coverage from any computer, 24/7. An electronic version of the (i-bind) application can be completed by either the agent or broker or by the applicant.
  • An entire end-to-end transaction is reduced to minutes, as (i-bind) returns a competitive, bindable quote immediately for qualifying risks. Clients can mix and match coverage's and limits. Each coverage section is a stand-alone, easy-to-read, self-contained policy.
  • Is the quote that (i-bind) provides only an indication?
  • No. (i-bind) can provide indications, however, when an account qualifies for processing through
  • (i-bind), a firm, bindable quote is issued.


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Contact MeerKats today!
  • MeerKats Group, LLC
  • 4233 SW Corbett Ave.
  • Portland, OR 97239
  • Voice: (503) 517-4400
  • Fax: (503) 517-4547
  • E-mail:
  • submit@meerkatsgroup.com
  • tom@meerkatsgroup.com
  • Website: www.meerkatsgroup.com