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First Annual Producer Advisory Council

GreenWood International and Integrated Healthcare are pleased to announce criteria for producer selection to the 2010 Producer Advisory Council (PAC). The top producers from our various product lines will earn an invitation to participate in GWI and IHC’s 1st Annual Producer Advisory Council held in May of 2010 in Boston, MA. All qualified invitees will also receive an exclusive invitation to a second event to be held in early 2011 at a location to be decided.

The PAC’s primary duties will be to assist GWI and IHC in constructing a solid 2010/2011 business plan and furthering the development of new products within our marketplace. Invitees to the Council will participate in round table discussions as well as enjoy the many dining and leisure activities that springtime in Boston offers!

The qualification period will run from September 1, 2009 to March 1, 2010. Qualification criteria will vary among product lines. GWI will cover lodging, meals and activity expenses, but invitees must cover airfare costs. Due to the business agenda of this event, spouse or guest expenses will not be covered by GWI.

 

TENTATIVE DATE: Monday, May 3, 2010 through Wednesday, May 5, 2010.

TENTATIVE AGENDA (Subject to Change):

Day One: Monday, May 3, 2010

Breakfast
GWI & IHC Producer Advisory Council
Welcome Session
Breakout Sessions by Product Line
Lunch
GWI and IHC Look Ahead
Welcome Dinner &Cocktail Reception

 

Day Two: Tuesday, May 4, 2010

Breakfast Meeting
Activities to be Decided (ex: Golf Outing, Harbor Cruise, Sporting Event, etc)
Dinner

 

Day Three: Wednesday, May 5, 2010

Departure

 

THIS EXCLUSIVE EVENT IS OPEN TO OUR TOP PRODUCERS BY INVITATION ONLY.

QUALIFYING CRITERIA:
Medical Stop Loss Insurance Qualifying Criteria
Minimum: $1 million in premium (new business) OR
  $2.5 million in premium (in-force business)
Qualifying Period: 9/1/09 through 3/1/2010

 

Special Risk/Personal Accident Insurance Qualifying Criteria
Minimum: $250k in premium (new business) OR
  $500k in premium (in-force business)
Qualifying Period: 9/1/09 through 3/1/2010

 

Occupational Accident Insurance Qualifying Criteria
Minimum: $500k in premium (new business) OR 10 new cases OR
  $1m in premium (in-force business)
Qualifying Period: 9/1/09 through 3/1/2010

 

Consumer Driven Healthcare Platform (Integrated Healthcare) Qualifying Criteria
Minimum: 1000 lives enrolled (including Medical Stop Loss Insurance sale) OR
  2500 lives enrolled (Consumer Driven Healthcare Platform [CDHP] only)
Qualifying Period: 9/1/09 through 3/1/2010

 

GUIDELINES:

  • Agencies and TPAs are eligible to participate as such, however an invitation to the Producer Advisory Council may be extended to the top individual producer within the agency or TPA who meets the qualifying criteria. Sales Bonus Contest is restricted to individual producers only.
  • The PAC does not qualify as an incentive trip. Participation is by invitation only and is limited to producing agents who meet all minimum qualifying criteria during the period of 9/1/09 to close of business on 3/1/2010.
  • GWI and IHC reserve the right to change or modify the criteria for qualification at any time.

Producer Advisory Council Brochure (All Producers)

Producer Advisory Council Brochure (For Producers within Texas)

 

Monthly Sales Bonus Contest

GWI presents an exciting opportunity for brokers and producers to receive additional bonuses based on sales.

Special Risk/Personal Accident Insurance
Sales Bonus Qualifying Criteria
Qualifying Period: 9/1/09 through 3/1/2010
Bonus Qualification:  
1-5 cases sold in a month = $50 bonus per case 1-5
6-10 cases sold in a month = $100 bonus per case 6-10
11+ cases sold in a month = $150 bonus per case 11+
  (Ex: 11 new cases sold the month of December = $850 bonus)

 

Medical Stop Loss Insurance
Sales Bonus Qualifying Criteria
Qualifying Period: 9/1/09 through 3/1/2010
Bonus Qualification: Premium x 0.0025 will equal commission bonus for new cases sold. Sold cases must remain on GWI books for a minimum of 3 months before bonus will be issued.

 

Occupational Accident Insurance
Sales Bonus Qualifying Criteria
Qualifying Period: 9/1/09 through 3/1/2010
Bonus Qualification:  
1-5 cases sold in a month = $50 bonus per case 1-5
6-10 cases sold in a month = $100 bonus per case 6-10
11+ cases sold in a month = $150 bonus per case 11+
  (Ex: 11 new cases sold the month of December = $850 bonus)

 

Integrated Healthcare, LLC Consumer Driven Healthcare Platform
Sales Bonus Qualifying Criteria
Qualifying Period: 9/1/09 through 3/1/2010
Minimum: 1000 lives enrolled (including Medical Stop Loss Insurance sale) OR
  2500 lives enrolled (Consumer Driven Healthcare Platform [CDHP] only)
  Visit www.integratedhci.com for more details and information.

 

GUIDELINES

Agency and TPA Participation

Sales bonuses will be awarded to the individual producing agents or brokers only. TPAs and agencies are ineligible to qualify for sales bonuses in this contest.

Monthly Production Bonus

Producers qualify for bonuses on cases sold on a month-to-month basis. Cases sold are not cumulative. Only new business qualifies an individual producer towards receiving a sales bonus. In-force/renewal business does not qualify for a sales bonus within this contest.

Qualification Period

The qualification period for bonuses on new cases sold runs from 9/1/2009 until the close of business on 3/1/2010.

Bonus Waiting Period

Sold cases must remain on GWI and IHC’s books for a minimum period of three months, whereas after the third month, the licensed agent or broker will receive earned sales bonus(es).

Only individual agents and brokers are eligible to receive sales bonuses based on sold cases. TPAs and agencies are excluded from receiving sales bonuses through this contest.

The PAC does not qualify as an incentive trip. Participation is by invitation only and is limited to producing agents who meet all minimum qualifying criteria during the period of 9/1/09 to 3/1/2010.

Bonuses are for cases sold on a month-to-month basis and are not cumulative. Bonuses do not apply to in-force or renewal business, and are only awarded to new cases that are sold between 9/1/09 and close of business on 3/1/2010.

 

Monthly Sales Bonus Contest Details (All Producers)

Monthly Sales Bonus Contest Details (For Producers within Texas)