These Numbers Don’t Need Crunching. No Objections About That!
Advantage Specialty is now offering a Workers’ Compensation Safety Group for Accountants, Lawyers, and Insurance Agents in New Jersey.
Download Marketing PDF
How the Dividend Works:
Case Incurred Loss and ALAE Ratio | Maximum Dividend Payout as a Percentage of Premium |
---|---|
0-15% | 40% |
16-25% | 15% |
26-35% | 10% |
36-45% | 5% |

Dividend will be calculated 18 months after the end of the 12-month period.
No loss development factors are applied.
The Board of Directors must approve and declare a dividend prior to issuance to the Safety Group.
Must be a current policyholder to receive dividend payment (regardless of year).