We return with the PLM Monthly Highlights series for insurance producers and brokers, our newsletter to keep informed on news and updates from Pennsylvania Lumbermens Mutual.
ABM – WC Enhanced Commission Program
Get Higher Commissions Through 2022 with ABM
REQUEST WC QUOTE
In a recent message to insurance producers like you, Angelo Ganguzza (Vice President & General Manager Brokerage Operations) announced an enhanced agency commission program, running through the end of this year. Offered to all broker partners and licensed insurance professionals, here are the details to help round out your wood industry accounts:
- 10% commission on new WC business placed through ABM
- Applies to new policies with effective dates between November 1, 2022 and January 1, 2023
- Bind minimum 5 new Workers’ Comp policies to qualify for enhanced commission level
With a history alongside PLM’s 127+ years dedicated to the wood products and building materials industries, ABM is the solution for your clients when you need it most. As a part of the PLM Group, Allied Building Material Agency (ABM) is the preferred wholesale partner for wood industry insurance needs for Workers’ Compensation. While this enhanced commission only applies to WC policies, you can learn more about ABM’s capabilities in providing even more business solutions, including: Excess & Surplus Lines, Excess Umbrella, Commercial Property, Commercial General Liability, and Commercial & Fleet Auto.
LOSS CONTROL – Winter Weather
The PLM Loss Control Center is an excellent collection of resources for our insureds and their advising insurance representatives to help manage risk in and around their operations. Even for those who may not be working with PLM currently, it offers a way to understand the hazards that can be found throughout the wood and related industries. With the year moving towards its end and cooler temperatures on the way, we call attention to the importance of Winter Weather Preparation.
Loss Control Winter Weather Guides:
We’ve collected here a set of PLM Loss Control Guides to inform you or your clients about the dangers of not being prepared when the weather changes for the winter season, from freezing pipes to collapsing roofs due to heavy snow. Included above is a video from our Senior Loss Control Representative, Michael Seiwert, that we sent out exclusively to our insureds in 2021. Please feel free to share with your clients as they prepare for upcoming weather changes.
Recent Wins
Looking for ideas for new types of risks? Here are some examples of accounts successfully written by PLM or with WC placed through ABM.
PLM
Furniture Components Mfg. – FL: $26,400
Wood Stair Mfg. – NJ: $3,600
Shutter Mfg. – SC: $9,000
Lumber Distributor – VA: $751
Architectural Millwork Mfg. – NY: $7,400
Building Material Dealer – TX: $130,000
Custom Cabinet Mfg. – MI: $4,100
Sawmill – AL: $4,800
Wood Stair Mfg. – OH: $41,000
Lumberyard – TN: $7,200
Custom Booth/Millwork Mfg. – IL: $32,500
Cabinet Mfg. – OK: $18,000
Building Material Dealer – CA: $14,600
Lumberyard – KS: $13,500
Pallet Component Mfg. – ID: $50,100
ABM
Custom Shutter Mfg. – NC: $10,000
Wood Piling Mfg. – CT: $37,000
Pre-finished Moulding Mfg. – PA: $28,000
Woodworking/Custom Cabinets – NC: $2,200
Stair/Millwork Mfg. – NJ: $19,000
Pallet Mfg. – IN: $9,500
Custom Cabinet Mfg. – NM: $3,000
Reclaimed Flooring Mfg. – KY: $4,100
Lumberyard – TX: $4,000
Furniture Mfg. – TN: $5,500
Custom Cabinet Mfg. – CA: $8,500
Moulding Mfg. – CO: $9,000
Building Material Dealer – IL: $7,500
Crate Mfg. – MO: $6,500
Custom Millwork Mfg. – MN: $11,200
Upcoming Events
Find PLM and ABM at these upcoming insurance conventions and trade show events:
Thank you for a wonderful season of networking and insurance events around the US in 2022. We were very excited speaking with many of you about business opportunities with PLM and ABM and are looking forward to meeting you again during the 2023 season!
- Buffalo I-Day
- Accelerate by NetVU (Vertafore)
- BIG Independent Group (CA)
- PIA Northeast NY/NJ Joint Conference
- Applied Net
- American Agents Alliance
- Hawksoft HUG Conference
- And many more to come!
