INTRODUCTION TO ATTUNE

2019 ATTUNE AND FAIA ROLL-OUT

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ABOUT ATTUNE

• Multi-carrier technology enabled platform• General agency• Licensed in all 50 states• Focused solely on the small commercial market

Attune is a joint venture whose partners are

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RETHINKING INSURANCE FOR SMALL BUSINESS

BOP, Excess Liability, and Worker’s Compensation.

Why Attune and IMS?• Direct access without a production requirement• Competitive commissions• Broad generalist appetite- all classes are straight

through to bind and issue • Quote and bind in less than 5 minutes• Electronic direct bill• Real time customer service via live chat

Attune is seeking strategic partners with like-minded views on the role technology plays in the insurance industry.

Product

Platform

Partnership

Small business insurance redefined.Straightforward process.Instant decisions.

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PRODUCT OFFERING

BOP Excess Liability Workers Compensation

BlackBoard Insurance Co New Hampshire Ins Co Employers Preferred

A rated A rated A rated

Admitted Admitted Admitted

Generalist appetite, standard ISO form, unique

wind/hail capabilityUp to $10M above BOP Appetite overlaps with BOP

except for contractors

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ATTUNE’S HOT CLASSES AND TERRITORIES

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• Limited Cooking, Fast Food, Casual and Fine Dining (w/ Liquor)

• Barber Shops, Beauty Salons, Nail Salons, Laundry & Dry Cleaning

• Medical Offices, Lawyers Offices, Insurance Agents Offices, Real Estate Agents Offices

• Liquor and Beverage Stores, Electronics Stores

Mercantile Service Contractors

Services Offices & Condos

Restaurants, Liquor

Wholesale

Target Industries

HOT CLASSES HOT STATES

• Florida• Texas• Carolinas• Gulf Coast• New York• California• New Jersey• We continue to expand

and grow in the Midwest and West

BOP ELIGIBILITY GUIDELINES

Key Risk Item Underwriting GuidelineTotal TIV • $15M per account, $7.5M per location

• 100% TIV is required

Revenue • $20M per account, $10M per location• $10M per account, $5M per location for restaurants

Square Footage • Up to 50,000 sq ft, except for restaurants up to 10,000 sqft

Building Age • No restrictions on age, but buildings over 20 years old require standard updates

# of Stories • Buildings up to 3 stories for non-Office and up to 6 stories for Office are eligible• Note: n/a if not requesting building coverage

Employees • Up to 50 employees

Loss History • No more than 3 claims in the past 5 years with no loss exceeding $20k (does not include CAT losses)

Prior Insurance • Continuous coverage required for past 3 years• Does not apply to new ventures (which are eligible)

Vacancy • Up to 30% of total square footage can be vacant• Seasonal exposures with vacancy up to 60 days are eligible

Hours • Businesses must close by 1:00am

Note – complete underwriting guidelines are not captured herein and must be reviewed and adhered to by Attune agents.

TARGET CLASSES

• Accounts up to $10M in revenue, $5M per location

• Locations up to 10,000 square feet

• Full service, limited cooking, fast food, cafes, bistros, and franchises are eligible

• Up to 50% liquor receipts on casual dining, up to 75% on fine dining

• Option to include liquor liability- form silent on A&B

• Up to 20% catering exposure

• No bars, taverns, nightclubs, dance floors, stages

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Restaurants

Note – complete underwriting guidelines are not captured herein and must be reviewed and adhered to by Attune agents.

TARGET CLASSES

• Accounts up to $1M in payroll and $2M in revenue

• New ventures are acceptable

• Up to 30% of subcontracted work

• Both residential and commercial work is eligible

• Form is silent on 3rd Party Action Over

• Contractors enhancement includes Broad Form AI and Waiver of Subrogation

• Applicants who perform any work in NYC 5 Boroughs, Long Island, or Westchester County are ineligible

• General Contractors or any heavy construction work is ineligible

• Prime examples include plumbers, painters, electricians, landscapers, HVAC, drywall installation, masonry

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Artisan Contractors

Note – complete underwriting guidelines are not captured herein and must be reviewed and adhered to by Attune agents.

TARGET CLASSES

• All tenants must fit within our 370 BOP class eligibility

• Rating class code based on largest occupant

• Unless a restaurant is a tenant, in which case the restaurant code will be used

• Rated on insured value of the building

• Incidental parking exposure is contemplated

• Habitational/mixed use is ineligible

• Prime examples are strip malls, shopping centers, office buildings, single occupancy with tenants any mix of restaurants, retail, services, and offices

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Commercial LRO

Note – complete underwriting guidelines are not captured herein and must be reviewed and adhered to by Attune agents.

TARGET CLASSES

• Rated on contents

• Prime examples are doctors, lawyers, accountants, etc

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Professional Offices

Note – complete underwriting guidelines are not captured herein and must be reviewed and adhered to by Attune agents.

Retail/Wholesale• Rated on contents

• Prime examples are what you picture on Main St USA- liquor stores, clothing, sporting goods, florists, bakeries, book stores, gift shops

Processing and Services• Rated on contents

• Prime examples are nail salons, hair salons, barber shops, funeral homes, laundromats, dry cleaning, copy & printing

• Professional liability is available for select classes

COMPETITIVE MARKET FOR WIND

• Competitive wind deductibles will apply based on construction and distance to coast

• Business Income is on ALS basis, however, may be sublimited for the peril of wind depending on distance to ocean and construction type

• Utility services coverage may also be sublimited

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Admitted Wind Capacity is available!

GETTING IN TOUCH

Marketing Representative: Brett Ender

• E: bender@attuneinsurance.com| P: 646-385-1920

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Additional Training and Marketing is Available upon request!