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Agent’s Profit Sharing Lock-In Option

By now, Mid-Hudson Co-Operative and Claverack Cooperative agents who have qualified to exercise their Agent Profit Sharing Lock-in Option will have received a letter

confirming their eligibility. Agents interested are asked to sign and return the letter no later than Wednesday, October 31. As of September’s results, there is a 15% charge to lock-in.

Basic eligibility for our Profit Sharing Program includes:

  • Written premium of $50,000 or greater
  • Loss ratio of 47% or less

Refer to your Agent Profit Sharing Agreement for more details.

For more information or to schedule a review of your eligibility, contact Roy Denny at rdenny@swus.com or Ryan Zielinski at rzielinski@swus.com.

Posted on: Sunday, November 11th, 2018 «back