March 22, 2018 What's Happening This WeekComplimentary Compliance Review Congratulations to all newly licensed surplus lines agents! There are many rules and requirements to keep up with while navigating the surplus lines marketplace. The FSLSO Compliance Review Program makes it easier to navigate this regulatory maze. FSLSO is offering to perform a review of your book of business to ensure that you are on the right track. While the Compliance Review cycle usually runs once every three (3) years, some of the newer agents prefer to be reviewed more frequently to catch any compliance errors they weren’t aware of. This complimentary review may also be useful in pinpointing errors or discrepencies in advance of agent transfers of business, mergers, and acquisitions. Contact us at 800.562.4496 or agent.services@fslso.com to take advantage of this service. Did you know? During 2017, a total of $5.25 billion in surplus lines premium was written in Florida. That is an increase of over 6% from 2016 and nearly a 38% increase from 2011, when the premium volume was the lowest it had been for the previous 10 years. Premium volume in the Florida Surplus Lines market has steadily increased each year since 2011. RemindersThe AdvisorThe Advisor, a quarterly, agent-centered newsletter, is coming back. The first one will go out in early April. If there is something you would like to see covered in The Advisor, don't hesitate to tell us. Send your suggestions to Customer OutreachIn an effort to serve you better, we have begun an outreach program that we hope will further open the lines of communication with all customers. You may be contacted in the near future by an FSLSO customer outreach team member. If you would like to be included in this outreach program send an email to outreach@fslso.com. Facilitating Compliance Through Innovative Solutions www.fslso.com Have questions? Contact us at 800.562.4496, option 1 or email agent.services@fslso.com. |