Frontier Mutual Insurance Company
www.Frontiermutual.com
305 Decatur Street
Lincoln , IL 62656
Contact: Larry Cook
Phone: (217) 732-8222
FAX: (217) 732-5727
lcook@frontiermutual.com
Percent of business in Illinois by line:
Personal: 100%
Premium Volume: 5,900,000
Are you currently appointing new agents? Yes
What type of agency is your company looking for? Agencies with farm interests
What are your premium volume requirements? (In profit sharing? In life?) $60,000 for bonus
Are you currently doing any niche-marketing program? Yes, farm
What is your company’s most aggressive line of business? farm
Do you use credit scoring? Yes, new business
What methods do you use to distribute your insurance products? Independent Agents
What do you think makes your company different, or stand out from all the rest in Illinois ? Why would an agent want to contract with your company? Farm focus
If we had agents agree to sell homeowners policies with actual cash value endorsements, would you write more business in southern Illinois ? No
Please list your Marketing Representatives and the territory they cover: George Luthe, Illinois
Do you plan on retaining your current profit sharing agreements? Yes
Do you offer the ability for agents to integrate third-party reports into their comparative rating process? No
If not, do you have plans to do so? Please list estimated timeframe of when this capability will be available for Illinois agents? Integrated within our legacy system
Do you offer single-entry new business upload from either comparative raters and/or management systems? No
Do you provide rates and assistance to comparative rating vendors? Yes
What kind of assistance? rates
Do you work with comparative rating vendors to improve accuracy? Yes
Do you test vendor rates? No
What is your current real-time rating strategy? N/A
Do you provide an agent facing website for your agent’s reference? Yes, within 60 days
Do you offer the ability to quote and/or issue new business? Yes
Which lines? Farm within 60 days
Can the transaction be bound online? Yes, subject to defaults
Can your agents service in-force policies? No
Do you publish agent manuals and policy forms on-line? Yes, within 60 days
Do you have upload? No
Do you support policy download? No
Do you support direct bill commission statement download? Yes
Which agency management systems do you work with? MI Assistant
Are there any systems in development? No
Do you support real time service for inquiry? No
Do you have real time endorsement capabilities? No
Do you support Transformation Station, Transact Now or other technologies? No
Is this technology available today? No
Please outline the top 3 technology initiatives your company will be implementing to benefit agency workflows, and describe how these initiatives will benefit the agency.
On line rating, second phase will allow upload of applications, premium inquiry