Attune Workers' Compensation Summer Incentive 2024

Terms and Conditions

Attune Summer Incentive sponsored by Attune Insurance Services, LLC, 60 Broad Street, Floor 25, New York, NY 10004 (Attune).

Territory: All States and the District of Columbia (except where insurance products aren’t approved).

Start Date: June 5th, 2024 at 12:01 am ET

End Date: Sept 5th, 2024 at 11:59 pm ET

Description of Promotion: 

If Attune Workers’ Compensation (EverPeak) new business premium (Net Written Premium) bound between June 5th, 2024 and Sept 5th, 2024 hits the following thresholds, agency is eligible for a one-time bonus, as detailed below. Final bonus amount depends on total new business premium bound and the percentage of total policies where the governing class code is “Preferred,” as defined in Attune Underwriting guidelines located in the Attune Portal. 

Baseline bonus amount: Attune Workers’ Compensation New Business Net Written Premium 6/5 - 9/5

Amounts are not interpolated between thresholds. Baseline bonus eligibility is determined by the highest threshold the new business premium crosses, so if new business is between two thresholds, the smaller threshold is what determines the baseline bonus.

Book balance multiplier:

The percentage of “Preferred” policies (“% Preferred”) is defined as the number of policies where the governing class code is marked “Preferred” in the Attune Underwriting guidelines divided by the total number of policies written during the promotion period. The “Book Mix Multiplier” is determined based on the % Preferred as follows:

Multiplier is linearly interpolated between thresholds. Percentages are rounded to whole numbers, and multipliers are rounded to two decimal places.

Final bonus amount:

The final bonus amount is determined by multiplying the Baseline bonus amount and the Book mix multiplier as defined above. The final bonus amount is rounded to the nearest whole dollar. 

Please note, a full list of eligibility guidelines and classes is located in the Attune Portal. If a policy does not qualify or if it is canceled before the payout date, it will not count towards the eligible premium count. The one-time bonus will be sent by Attune within 30 business days of promotion end date as a separate commission payment to the payment method used for all commission payouts.

By participating, sub-producers/employees agree to the following rules governing the promotion:

  • Policy base location for the policy must be within the following states:  Alabama, Arizona, Georgia, Maryland, Mississippi, Oklahoma, South Carolina, Tennessee, Virginia.
  • The promotion is only eligible for Attune Workers' Compensation (EverPeak Built by Pinnacol) product.
  • Payable to the same entity that receives commissions for each agency.
  • The promotion is open only to licensed insurance sub-producers or employees under the supervision of a licensed sub-producer having an in-force contract with Attune who are invited to participate by Attune.
  • No reward may be passed through in whole or in part to any customer.
  • The sub-producer will defend and indemnify Attune against any claim by any employee of the sub-producer or any other person or organization.
  • The promotion may not be available in all states and is void where prohibited by law.
  • The promotion is not a guarantee that insurance coverage will be bound.
  • Sub-producers and employees are solely responsible for compliance with any applicable laws and regulations regarding producer compensation.
  • Attune is not acting as an agent for any insurance company in relation to the promotion. No reward granted is deducted from premiums.
  • Attune reserves the right to suspend, modify or cancel the promotion for any reason and at any time.
  • Attune, in its sole discretion, may disqualify any sub-producer found to be engaged in dishonesty or fraud with regard to the promotion or the business of insurance.
  • The promotion is not part of the Attune producer contract. Nothing in the promotion or in these terms amends or alters the producer contract between Attune and the sub-producer.
  • The sub-producer agrees that any claim or dispute regarding the promotion will be resolved exclusively and finally by binding arbitration in New York, NY in accordance with the current commercial arbitration rules of the American Arbitration Association.