American International Group, MarketScout and The National Alliance have teamed up to provide special insurance capacity and services for Certified Insurance Counselors via CIC Select at www.cicselect.com.
CIC Select was created to connect AIG to the Society of Certified Insurance Counselors (CIC’s). MarketScout will serve as the appointed agency responsible for certain underwriting and administration functions within CIC Select.
Member companies of American International will provide the capacity for insuring various businesses represented by CIC’s. A team of underwriters has been assigned to CIC Select.
As part of The National Alliance, CIC’s represent an estimated 65 percent of the independent agencies in the U.S. There are 60,000 insurance professionals in the CIC program of which 80 percent are agency owners and/or producers.
MarketScout has developed a unique method of electronically distributing and underwriting various classes of insurance. By implementing underwriting and distribution software, all participants in CIC Select will be electronically connected to American International.
According to Richard Kerr, founder and CEO of MarketScout, “CIC Select connects the insurance company and the CIC in an electronic format. Member companies of American International write profitable business and the CIC secures quality insurance coverage at a competitive price.”
CIC Select and MarketScout are subsidiaries of Insurance Data Systems (IDS), a Dallas, TX based insurance e-commerce holding company.
Topics AIG
Was this article valuable?
Here are more articles you may enjoy.
Brown & Brown Reports Strong Q3 Revenue Growth of 35.4% 
AIG to Acquire Renewal Rights of Everest’s Retail Commercial Business Worth $2B 
AWS Outage a ‘Moderate Incident,’ Another Near Miss for Insurance Industry 
Reuters: Iran, Russia and the New Zealand Insurer That Kept Sanctioned Oil Flowing 
