ACIG Program Timeline

Below is the ACIG Program Timeline. You may also download this document and the application documents via the links below.

Initial Contact Sheet
ACIG Membership Application including Exhibit A
ACIG Program Timeline 

 
Contractor’s Name:  Contractor                                        Renewal-Date:                                              
Agent’s Name:          _ Agent                                  
 
 
Target
Completion
Date
Actual
Completion
Date
A.
Prequalification


1.
Contractor, after reviewing ACIG’s website, completes the initial contact sheet and forwards it to Chelsea Tyrie, membership secretary, at Chelsea.Tyrie@ACIG.com
 
 
2.
ACIG reviews the material to confirm that the qualifications of an ACIG member are met. 
 
 
3.
If Contractor meets the profile of a desirable ACIG member, ACIG will clear the prospective membership.
 
 
4.
If no objection is received from the membership concerning Contractor, Contractor will be advised to complete a membership application, including the underwriting information requested in Exhibit A, and return the submission to Chelsea Tyrie.
 
 
5.
Upon receiving a completed application, a timeline will be developed and the proposal process will begin.
 
 
B.
Interviews & Proposal Process


6.
The CEO will visit Contractor's office and present an Executive Overview of ACIG's services.
X-105
 
7.
An ACIG safety consultant will do an underwriting review to assist in the underwriting and prepare for the boot camp if Contractor becomes a member.
X-105
 
8.
By teleconference, ACIG’s CFO, Brad Porter will give a 2-hour financial orientation to Contractor’s CFO using a sample proforma.
X-105

9.
ACIG will prepare a proforma for Contractor and compare it to the current program.
X-105

10.
Agent’s and Contractor’s management teams, responsible for the decision, will come to Dallas to review ACIG’s proforma compared to the expiring program and meet with the key ACIG personnel for an in-depth review of ACIG’s services. 
X-100

11.
During the Dallas meeting, if all parties agree to move ahead, the action plan and timeline will be reviewed which takes the process from a renewal submission to the decision making step.  This is reviewed and approved by Contractor. 
X-100

12.
The ACIG Offering Memorandum is provided to Contractor and Agent at this time.
X-100

13.
In the meantime, Contractor and Agent would attend one of the semi-annual meetings of the ACIG member group.  Interaction with the ACIG members is usually very helpful.
TBD on one of the 2 targeted meetings annually

14.
Claims and safety representatives of Contractor should attend one of the semi-annual claims and safety meetings of the ACIG group.  This allows insights into the ACIG safety and claims culture by interacting with their peers in the member group.
TBD on one of the 2 targeted meetings annually

15.
Contractor and Agent complete their review of the Offering Memorandum with input by ACIG on any questions identified.
X-50
 
16.
ACIG will deliver its formal proposal at Contractor’s office or by teleconference. 
X-45
 
17.
Within 30 days, Contractor will make a decision about becoming a member.
X-30
 
18. Meeting between Contractor, Agent and members of ACIG's board for mutual questions and answers.  An invitation to join may be issued shortly thereafter.           X-30  
19.
After the invitation to join ACIG has been issued and accepted, the member documents are completed and sent to ACIG along with checks for the stock and the subordinated debenture.
X-15
 
C.
Initiate ACIG PROGRAM


20.
ACIG’s loss reduction program begins.
X-Day
 
21.
Contractor’s Risk Management Boot Camp completed. 
X-Plus 90