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Florida surplus lines service office. 2009 Budget Presentation. By the Numbers. Premium, Revenues, & Expenses. Florida Premium 2002-2007. A Comparison: Service Fee Revenue & Budget. Percent of Salary to Premium. Full-Time Employees 2002-2007.
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Florida surplus lines service office 2009 Budget Presentation
By the Numbers Premium, Revenues, & Expenses
Percentage of Employees who seriously considered leaving for another job within 6 months of survey
Agent Services (2007) • The Service Office processed 1,200,427 policy transactions • Received and processed more than 3,500 Quarterly Report Affidavits • The Compliance Review Program scheduled and distributed reports to 167 Agents with an overall industry compliance rate of 93.8% • The Service Office distributed 152 New Agent Packets
Education & Information Services (2007) • Delivered five continuing education courses taught around the state to 206 attendees. • The Service Office filed more than 800 continuing education hours with DFS for students completing classroom and online classes. • The Service Office enrolled 129 students into its online education program. • The Service Office distributed nearly 9,000 informational items • Completed and distributed 25 combined electronic news (eNews) and alert news (eAlert) bulletins • Posted 66 different industry related news items to website
Financial & Insurer Services(2007) • Accounting Data • Total Agent Invoices Processed: 12,468 • Total IPC Submissions Processed: 19,604 • Total Amount Billed for Taxes: $211,200, 469 • Total Amount Bill for Assessments: $57,850,310 • Variance Analysis • The Variance Program identified 261 unreported policies with $98,320,389 in premium. • Insurer Services • 2,424 submissions were received • 539 insurer financials were posted • Six applications were reviewed and sent to the Office of Insurance Regulation for Approval