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Submissions, Renewals and the BOR Procedure
Submissions – All submissions will be cleared
no more than 90 days prior to the effective date. Submissions
should be written, sent via mail, e-mail or fax, and include 1) an
application and 2) hard copy carrier loss runs for current year
and 3 years prior.
Please keep in mind that a phone call is not a submission. We have
to receive the following information by fax before we can log it
in:
- named insured
- effective date
- mailing address and/or location(s)
Accounts will be reserved for 24 hours until the full submission
is received. Quotes are valid for 30 days.
Renewals – We will contact you 60-90 days prior
to renewal. Contact your service underwriter or Jim Tesoriero, SVP,
National Production Manager, at (212-297-3150 or jtesoriero@distinguished.com)
if you have questions.
Broker of Record (BOR) Procedure – BORs must
be signed by owners or board presidents, and will be accepted
midterm for service only. We allow 10 days for rescinding a BOR,
or until binding effective date, whichever is sooner.
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