Meemic Insurance: Exclusive Agency Opportunity

1. Meemic Insurance: Exclusive Agency Opportunity

2. We Care About Protection… • Meemic was formed in 1950 by a small group of teachers who had a belief that they could provide high quality, affordable insurance protection to their fellow educators. • 66 years later, Meemic remains firmly committed to the educational community offering products and services designed specifically for the needs of educators. • We understand educators because many of our • agents are or were educators themselves. • Auto, home, and umbrella coverages • customized for the needs of the educational • community. • It’s not only educators who rank us Best In • Class! The nation’s top insurance industry • analyst, A.M. Best, has rated Meemic as a • financially strong* company. • Affiliated of The Auto Club Group, • subsidiary Auto Club Insurance Association • *A.M. Best rating effective December 2016. For the latest rating information, access AMBest.com.  Based on a 2016 survey of Meemic Members

3. Why Meemic? Educator Specific Coverages Agency Support Exclusivity Agent Deployment Strategy Partnerships

4. Why Meemic? • Benefits & Discounts for the Educational Community • Educator benefits of our auto insurance include: • Newly certified teacher discount (within the past 7 years) • No deductible for covered comprehensive losses occurring on school property • Liability coverage for transporting students/coworkers to and from school events • Exceptional industry-leading claims service and quality repairs using original equipment manufacturer (OEM) parts* • *Certain qualifications and restrictions apply. • Meemic’s home policy educator benefits include many extras that other insurance companies charge additional premiums for, including: • Replacement cost on contents • “Extended Liability” teacher, professor and school administrator liability coverage • Up to $2,500 coverage for school property loaned to you for use at home, or personal property used at school (e.g., computers). • Up to $250 for refrigerated contents loss due to power failure or mechanical failure

5. Why Meemic? Hands on training and support: Agency owners receive a personalized growth program with financial support, customized training, marketing assistance, a unique lead generation program, customer service support, underwriting support, claims administration, and business development assistance. Meemic provides agency owners with a dedicated territory sales manager and field consultant that will guide and support them as business coaches. The Meemic Foundation for the Future of Education supports educational excellence through funding programs and other partnership initiatives, with over $1 million in grant funding provided in the last 2 years alone. The free Meemic Foundation Club, with over 30,000 teachers and education members and growing, provides its members with exclusive year-round grant opportunities, free professional development workshops, and other benefits. High marks for customer satisfaction: Following a claims experience, over 97% of our members are likely to refer a friend or family member to Meemic.

6. Non-Meemic Options Progressive American Modern Foremost Hagerty AAA Membership Ability to sell AAA life product or any life/financial services carrier that you choose Ability to sell Health Insurance products

7. The Start-up Package Reimbursement: • Automation Technology • Marketing (Up to $80K first four years) Enhanced Commissions: Year 1 – 25% Year 2 – 20% Year 3 – 15% Year 4 – 10% (new business) Bonuses: • Appointment • Education • Office opening • Marketing (up to $14,500) Production Bonus: 9 months 12 months (Up to $9,500)

8. Additional Bonuses and Incentives Eligible to receive up to $50,000 in volume bonus money starting in year 2. Eligible to receive up to $100,000 in profit sharing bonus money starting in year 2. Cross-border licensing and satellite offices available. The Meemic Foundation provides year-round grant opportunities to classrooms and educators that an agency owner can leverage in order to solidify relationships in the educational community. Ability to sell the economic interest in your business or pass it down to a family member and build a legacy.

9. Agent Recognition Awards • President’s Circle of Honor • Invitation for qualifiers and guest to the PCOH Trip (5 days, 4 nights) • Personalized Crystal Trophy • President’s Circle of Honor Ring • Meemic Champions • Invitation for qualifiers and guest to PCOH Trip (3 days, 2 nights) • Desk Award • Pacesetters • Invitation for qualifier and a guest invited to Sales Award Banquet • Desk Award

10. Our Desired Candidate… Previous Business Development Experience Strong background investing in, building and managing a flourishing business venture. Access to Start-up Capital Ability and desire to leverage liquid capital assets to establish a business that can provide present income and potential economic value in your business. Self-motivated Possess effective time-management skills and relies on himself or herself to accomplish important goals. Able to focus on priorities. Independent Motivated to prove his/her ability to achieve success on his/her own terms. Not afraid to seek guidance and advice from qualified individuals. Relationships within educational community Has established relationships within school districts, or willing to learn how to build those relationships. Desires financial rewards Not afraid to work hard and take risks to achieve financial success. Willing to accept responsibility for personal success and failures. Ethical/Honest/Moral Strives to do the right thing in all instances.

11. Requirements… Start-up Capital Minimum, but not limited to, $50,000 liquid capital assets required for start-up investment that can provide present income and potential economic value in your business. Actual capital requirements may vary depending on individual business plan. Branded Office Location Must be willing to adhere to the companies’ established Customer Service and Brand Standards. Licensing Must have licenses in Property, Casualty, Life & Health insurance. Background Check Satisfactory results of background using consumer reports & criminal background check. Business Plan/Cash Flow Develop a 5-year business plan for review. Hire staff Must have licensed staff, trained and ready, prior to opening.

12. Your Next Steps to Success Interview ‐ We want to get to know you, and you need to get to know us. This is where we will dive deeper into this great opportunity and find out if this is truly a match for you and Meemic. Agent Application/Background Check - This is the first step in following your dream to becoming an Agency Owner. Cash Flow ‐ We will work together to create a 5 year financial projection for your new agency to determine marketing and operational needs, as well as capital requirements. Business/Marketing Plan - Every business must start with a strong foundation. The Business/ Marketing Plan will help you in developing the business strategies to propel you into future success. We will also work together to determine an office location and staffing needs. Senior Leadership Discussion ‐ This is where you get a chance to meet with Meemic Senior Leaders for final approval and is your opportunity to ask questions with Meemic decision makers. On‐Boarding ‐ Congratulations, you are now an Agency Owner! And we will be with you every step of the way.