Full Transparency in Our Calculation
PIIB prides itself in its transparency with its profit-sharing calculations. Each agency receives an individual report card of their written premium, loss ratios and how much they were paid broken down by carrier. We give agencies one month to check our work before the calculation are finalized.
Principals will also receive profit sharing updates by carrier from the President throughout the year, so you know our exact numbers and where we are heading.
If you are interested in a profit-sharing calculation sample for your agency, please reach out to a sales representative.