2023 Underwriting Seminar

April 19th, 2023

The Holiday Inn 101 Holiday St. East Peoria, IL 

Room cut-off is April 4th. Call for reservations at (309) 698-3333 "The room rate is guaranteed through April 4th, but does not guarantee availability - please secure your room early." 

Early Bird Discount for Members is $225.00 online if you sign up by April 5th.  $325.00 for Non-Member 

Regular registration for Members is $265.00 if you sign up on April 6th or after. $ 365.00 for Non-Members

Click Here for a printable Registration (remember discounts apply if you sign up online)

Multi Attendee discounts if you bring 3 or more from your company - ENTER Multi Early Bird in the discount code if you sign up in time to qualify for the early bird rate.  ENTER Multi Regular in the discount code if you sign up after the early bird date of April 5th.   NOTE:  your early bird discount will automatically calculate - only use the discount codes if you are bringing 3 or more attendees.

 

Click Here to Register
Breakfast and registration begins at 8:00 - Education 9:15 - 4:15

Tentative Underwriting Seminar Agenda      

*5 CE applied for this seminar*

 9:15am - 10:15am -- Is the Price Right?

Have you had to replace any farm equipment in the last year?  Prices have been much higher than our previous years – are you charging the right price for what’s on the books?  Steve will share the equipment market with us and shed light on areas you may need to focus on in the future.

 

10:15am - 10:45am -- Break

10:45am - 11:45am -- Information Impact --

Inspections can show a more detailed view of the properties that are on the books or that you are considering.  Knowing what information is collected can help underwriters make better decisions and helps to ensure that adequate coverage is secured.   What are you asking for in an inspection?  

11:45am - 1:00pm --Lunch

1:00pm - 2:00pm -- Agent Underwriter Relationships - Improving Communication Skills

We will bring a panel of agents to the discussion as we learn what agents need from the underwriter to secure the best coverage for the property.  Do agents feel overwhelmed with requests to submit a new application?  Are there ways we can improve our communications and set expectations to help build a better relationship?

2:00pm - 2:15pm --Break

2:15pm - 3:15pm -- Round Tables - 

Taking the information already discussed, this roundtable will be a chance for us to brainstorm ideas to strengthen our companies.  While it’s always allowed to let the conversation grow organically to the needs of those involved, we will also have some guided questions to spark creative ideas. 

3:15pm - 3:25pm -- Break

3:25pm - 4:15pm --  The Tide Changed...did you?  Is your underwriting adequate for today's world?

Covid started it all with increased pricing and supply shortages.  Then the big storms hit and our world changed.  Is it time to tap the brakes on new business?  Historically new business has a higher loss ratio in the first three years than the “seasoned” business already on the books.  Do you have a low-value property that is also not generating enough rate?  This class will share ideas on how to re-underwrite what you have and how to be prepared to look into the future. 

 

                                                                               

Click Here to Register
 

To preserve the professional business environment, no one under the age of 14 will be allowed to attend IAMIC functions, unless invited by special events.