FAQ
 
Submission Requirements
Broker of Record
 
 

Independent Insurance Services

Broker of Record Procedures

 

Our program is designed to be an "open" program and is open to all Iowa agencies. We will accept submissions on a "first in" basis, and will provide a quote to the agency that provided the first complete submission.

A Broker of Record letter from another agency will be accepted subject to a complete submission accompanying the letter. The agent that was "first in" will generally be given ten (10) calendar days to obtain a rescinding letter. The 10 day period may not be allowed in cases where a quote must be released due to timing constraints for school board and/or administration action.

Indiana Insurance and IIS will have the final determination regarding "first in" and broker of record situations.