Link to About CNA Surety.Link to Products.Link to Broker/Agent Services.Link to bondLine.Link to News.Link to Customer Service.
Link to Home.Link to Contact Us.Link to Search.Link to Site Map.
    www.cnasurety.com  
 
Link to Forms and Applications.
Link to Agency Application.
Link to Service Center.
 

How We Compensate Our Producers

CNA Surety is committed to the insurance producers, the principals and the obligees that it serves. We work with professional insurance producers, both agents and brokers to provide superior service and competitive prices. We generally compensate insurance producers as follows:

Commissions
For each bond that we write, our insurance producer partner is paid a commission that is based upon a percentage of the bond premium. That percentage varies based upon a number of factors some of which are: the type of bond, state of the bond obligation and contractual arrangements with producers.

Profit Sharing
In addition to the commissions discussed above, we pay select producers additional amounts based upon the volume of premium produced above a minimum threshold in a particular year. This profit sharing is based upon contractual arrangements with certain producers. These profit sharing payments are made once a year and generally are paid based upon the profitability to us of the business produced by the insurance producer. We determine profitability and the profit sharing payment based upon our contractual obligations with the producers. In determining profitability we use criteria which include: the amount of annual premiums written on business produced by an insurance producer in connection with specified bond types as well as certain underwriting expenses such as losses and reinsurance costs incurred in connection with insurance producer’s business.

If you have questions concerning the specific compensation that your insurance producer receives from us, please contact your producer.