The ABC Program
The ABC Program is a managing general underwriter assisting producers in the aviation industry. Underwritten through an A.M. Best A-rated (Excellent) XV carrier, ABC stands for Aviation-Based Coverage. We write property, inland marine and auto coverages for aviation-based companies, as well as designated premises liability when combined with the property. These are typically the “small premium” policies, but ones that allow the Aviation Producer to control the entire account in lieu of having it split between brokers. You’ll find us very competitive on the larger-sized accounts, as well.
Applications and Quotes
To quote, we need a completed application faxed or e-mailed to us. We think you’ll find our application quicker and easier to complete but you have the option of substituting any property application if you prefer. The more detail you can provide, the more quickly we can respond and avoid delays in the process waiting for missing information.
Our typical turnaround time for quotes is 48-72 hours; quotes are valid for a maximum of 30 days.
You will earn 15% commission on Property/Inland Marine/Liability and 10% on Auto. If other coverage is placed for you outside of the Program, the commissions will be split 50/50.
We require a signed Producer Questionnaire – Agreement prior to writing your first account with us. While we don’t have to have the contract in hand in order to quote, Swett & Crawford will need it prior to binding. As we are looking for brokers to partner with who are actively pursuing business in this industry and interested in using the ABC Program as a market, we would appreciate the opportunity to prove ourselves to you and your clients.