In order to qualify for the trip, your agency must meet all of the following requirements.

Contest qualification period:
New business with effective dates of January 1, 2019 through December 31, 2019.

Trip includes:
Airfare for qualifier and a guest, luxury hotel accommodations, most activities and most meals.

Trip dates:
5-day, 4-night trip on June 9 – 13, 2021

Qualifying states:
Agents contracted with Builders Insurance Group in Georgia, Florida, South Carolina, Tennessee, and Alabama (point requirements vary by state).

Program Progress Reports:
All active agencies will receive monthly Progress Reports detailing new written premium by line and total Travel Points accumulated.

Insuring entities:
Business written in BI, ABIC and NBIC
· Agencies with two or more company codes will be combined as a single qualification.
· Policies transferred by AOR from one Builders agent to another will not be considered new business.
· All new business policies with effective dates of January 1, 2019 through December 31, 2019 are eligible.
· Cancelled/rewritten policies throughout the program year will not receive trip points.
· No more than two (2) trips can be awarded per agency.
· No one under the age of 21 years old is eligible.

Premium and account qualifications for GEORGIA from 7/1/19 through 12/31/19:

Contest Points:
Cumulative total points: 500,000 points to qualify for one trip

Point Conversion Factors:
· *Workers’ Compensation = 1.5 (up from 1)
· *All other lines = 1.5
*Non-Construction Workers’ Compensation – 3.0 (up from 2)

Example:
WC = $15,000 ($15,000 X1.5 point factor) – $22,500
All other lines = $10,000 ($10,000 X 1.5 point factor) – $15,000
NC WC = $10,000 ($10,000 X 3.0 point factor) – $30,000
Total = $67,500

Premium and account qualifications for FLORIDA:
All active agencies will receive monthly Progress Reports detailing new written premium by line and total Travel Points accumulated.

Contest Points:
Cumulative total points: 500,000 points to qualify for one trip

Point Conversion Factors:
· *Workers’ Compensation = 1.0
· *All other lines = 1.5
*Non-Construction Workers’ Compensation – 2.0

Example:
WC = $15,000 ($15,000 X1.0 point factor) – $15,000
All other lines = $10,000 ($10,000 X 1.5 point factor) – $15,000
NC WC = $10,000 ($10,000 X 2.0 point factor) – $20,000
Total = $50,000

Premium and account qualifications for SOUTH CAROLINA, TENNESSEE, and ALABAMA:

Contest Points:
Cumulative total points: 275,000 points to qualify for one trip

Point Conversion Factors:
· *Workers’ Compensation = 1.0
· *All other lines = 1.5
*Non-Construction Workers’ Compensation – 2.0
Example:
WC = $2,500 ($2,500 X1.0 point factor) – $2,500
All other lines = $10,000 ($10,000 X 1.5 point factor) – $15,000
NC WC = $5,000 ($5,000 X 2.0 point factor) – $10,000
Total = $27,500

FOR ALL STATES: JUMP START the New Year! Write $150,000 in new business written premium between 1/1/2019 – 4/1/2019 and receive an additional 0.5 bonus point factor award towards your trip qualification.

New Accounts: A minimum of 15 new business policies written in any combination of business lines is required for each trip won.

Written Premium Retention: Agency must maintain a written premium retention rate of 82% or higher on your existing book of business for the 2019 renewal cycle. Retention measured for existing policies with effective/renewal dates from 1/1/2019 through 12/31/2019.

Three (3) year cumulative calendar year loss ratio of 55% or less.

Note: An agency may earn a maximum of two (2) trips based on the qualification criteria above. The second eligible trip will be awarded based on availability after all first-round trip winners have been accommodated. Priority for subsequent trips will be determined by total contest points for each agency.

Should you have any questions about the trip qualifications, please contact your Marketing Representative or Underwriter.