1. What is Green Mountain Agency, Inc?

Green Mountain Agency, Inc. (hereinafter refered to as GMA) is an insurance wholesaler that provides coverage solutions for retail insurance brokers that are unable to place certain insureds or types of insureds in a "standard" market because of underwriting constraints. These "non-standard" types of business are written either on a program basis or on an individual, insured by insured, submission process. Simply put, we write what "standard", "regular" or "traditional" carriers would normally decline.

2. How long has GMA been in business?

We have been in the business of providing insurance products from this same location since 1900!

3. What types of coverages does GMA make available?

GMA currently writes all the major lines of Property & Casualty business with the exception of Workers Compensation Insurance. On the Accident & Health side, we write an Accident Program for Groups, Clubs and Organizations!

4. What States does GMA write?

GMA writes coverage on Insureds who are domiciled in Maine, New Hampshire, Vermont, Connecticut, Massachussetts, New York and New Jersey, with operations anywhere within the the Continental United States and Canada! There are certain classes of business which are available only in certain states. Be sure to check with your underwriter to be sure what programs are available in your area!

5. Is GMA an Insurance Carrier?

No, GMA is not an insurance carrier, but rather a Wholesale Broker, Managing General Agent and Correspondent at Lloyds. The markets we represent specialize in non-standard or program business and participate in the wholesale distribution system. GMA is licensed in all of States which we do business.

6. How do we get our commission from GMA?

We issue commission checks, generally, 60 days after binding. Instead of waiting you are encouraged and welcome to deduct your commission from either your deposit, invoice payment or account current payment.

7. What Carriers do GMA represent?

GMA represents many excellent carriers, most with a minimum of an A.M.Best's rating of A or better! For insureds or limits which exceed our "in-house" authorities, we would access our National and Worldwide Brokerage Markets. For your convenience, we have linked the carrier name to the corresponding link at AM Best's Website to provide current carrier information. Many of the Carriers we represent or have access to:

8. What kind of License do we need to deal with GMA?

You need to be operating and licensed as a retail insurance broker in the state where you intend to solicit insurance business.You would also need errors and ommissions coverage with a minimum limit of 1,000,000 CSL.

9. Where is GMA?

GMA's headquarters are in Rutland, VT. GMA has been at this location since 1900! All underwriting, issuance and marketing is handled from the home office.

10. How do I get a contract with GMA?

Pick up the GMA Brokerage Agreement on our Applications Page or simply call us at 800-451-4279 extension #11! If you meet the minimum requirements, you'll be writing business with us in a flash! Processing an agreement only takes a couple of days!

11. Does GMA deal with insureds directly?

No, with the exception of certain lines of business, GMA will not deal with the Insured directly. We are wholesale and don't wish to compete with our producing brokers. With the exception of billing some direct bill personal lines products, all dealings with the Insured will be done through you, the broker, to maintain your relationship with the Insured.

12. How do I report a claim?

The insured may and should report any claims as provided on their policy if the carrier has chosen to include instructions. We recommend in those instances that the insured also report any claims to your office for your records and your office to us for our records.

Otherwise; for commercial lines, simply complete the appropriate ACORD loss notice and forward with any supporting documents to our office. We would then forward the notice to the correct carrier or adjusting firm. We would also let your firm know that we received the claim and to whom it has been assigned or forwarded to.

Please be sure to have your insured contact your office with any questions concerning any claim. Then you may forward any requests, questions or documents to this office for processing. We will be sure to respond to your requests by obtaining status reports, etc. from the appropriate sources and reporting back to you in a timely fashion.

For Personal Lines, contact the underwriter you dealt with when you wrote the policy!