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<br />IMPORTANT NOTICE
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<br />This proposal is based upon the exposures to loss made known to the Agency, Any changes in
<br />these exposures (i.e., new operations, new products, additional states of hire, etc,) need to be
<br />promptly reported to us in order that proper coverage(s) may be put into place,
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<br />We ask that you not accept this brief description of the coverage provided as a full explanation of
<br />the terms and conditions of the policies discussed in this proposal. For a full understanding of the
<br />scope of coverage, terms, exceptions and conditions please refer to the actual policy document
<br />wordings.
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<br />In addition to the commissions or fees received by us for assistance with the placement, servicing,
<br />claims handling, or renewal of your insurance coverages, other parties. such as excess and
<br />surplus lines brokers, wholesale brokers, reinsurance intermediaries, underwriting managers and
<br />similar parties, some of which may be owned in whole or in part by Brown & Brown, Inc., may also
<br />receive compensation for their role in providing insurance products or services to you pursuant to
<br />their separate contracts with insurance or reinsurance carriers. Additionally, it is possible that we,
<br />or our corporate parents or affiliates, may receive contingent payments or allowances from insurers
<br />based on factors which are not client-specific, such as the performance and/or size of an overall
<br />book of business produced with an insurer, We generally do not know if such a contingent payment
<br />will be made by a particular insurer, or the amount of any such contingent payments, until the
<br />underwriting year is closed, We may also receive invitations to programs sponsored and paid for by
<br />insurance carriers to inform brokers regarding their products and services, including possible
<br />participation in company-sponsored events such as trips, seminars, and advisory council meetings,
<br />based upon the total volume of business placed with the carrier you select. We may, on occasion,
<br />receive loans or credit from insurance companies. Additionally, in the ordinary course of our
<br />business, we may receive and retain interest on premiums you pay from the date we receive them
<br />until the date the premiums are remitted to the insurance company or intermediary, In the event
<br />that we assist with placement and other details of arranging for the financing of your insurance
<br />premium, we may also receive a fee from the premium finance company,
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<br />Wholesale Broker/Managing General Agent: Public Risk Underwriters
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<br />This intermediary is owned in whole or part by Brown & Brown, Inc" the parent company of Brown
<br />& Brown Miami. Brown & Brown entities operate independently and are not required to utilize
<br />other companies owned by Brown & Brown, Inc. In addition to providing access to the insurance
<br />company, the Wholesale Insurance Broker/ Managing General Agent may provide additional
<br />services including, but not limited to: underwriting; loss control; risk placement; coverage review;
<br />claims coordination with insurance company; and policy issuance.
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<br />The compensation received by the Wholesale Insurance Broker/Managing General Agent for the
<br />services above is based upon commission, The commission for the services above is typically in
<br />the range of 5% to 15% of policy premium.
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<br />Should you have any questions, or require any additional information, please contact this office, If
<br />for any reason you prefer not to contact this office, you can submit a report concerning any entity
<br />related to Brown & Brown, Inc, through Ethicspoint bye-mail viawww.ethicspoint.com. or by toll-
<br />free call to 866-384.4277,
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<br />Brown & Brown does not have direct binding authority with any excess and surplus lines market.
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<br />Brown & Brown, Inc,"
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