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Big "I" Markets Commissions
Frequently Asked Questions
What are the Commission levels?
Commissions vary by product. The specific commission level, and how they are paid, is located on the Underwriting and Coverage page for each product. Simply choose the product of interest and then click on the link for 'Commissions & Policy Administration.'
When are commissions paid?
Big "I" Markets processes commission once we receive it from our company partner, typically 45-60 days after effective date of transaction. We issue commission payments between the 15-20th of the month. Electronic Fund Transfers (EFT) are deposited on a monthly basis. If your agency has not enrolled in EFT you will receive a paper check that we process quarterly.
To check your agency's EFT status, or update banking or contact information, log in to our Electronic Registration and enter your banking information. Once complete, click 'next' which will save your information. You can then exit the window. Please note, we do not draft your account for return commission - those are handled via paper invoices. If you need any assistance, please send us an email at bigimarkets@iiaba.net.
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