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Insurance Dividend Program

BITCO has strengthened their partnership with the AGC Building Chapter by opening up their successful Insurance Dividend Program to our group.  With this new partnership, BITCO will be offering a program that has the potential of each individual participating contractor to receive an annual dividend based on the overall loss ratio.

  • This is not a “shared insurance pool” or any other type of combined risk plan.  BITCO will underwrite each potential client as they normally would, they just will code it to the AGC safety dividend plan.

  • Please reach out to your agent at this year’s renewal to get a quote from BITCO.  Their primary focus in our state is the construction and oil/gas sectors.  Their local underwriting office has been here for many years and is very familiar with the ever changing Oklahoma construction industry.  They also provide a valued service with the in-house risk control and claims service provided for the accounts that the write.   They already write many of the most successful contractors in Oklahoma, but have room for many more!

  • If you company already utilizes BITCO’s services, ask your agent to move your policy to the AGC Insurance Dividend Program

  • More information can be found about BITCO at www.bitco.com.  Please consider them at your next renewal and show them you appreciate their partnership with the AGC.  For more information or questions, please reach out to Doug Tapp (doug.tapp@agcok.com) or Dillon Rosenhamer (drosenhamer@insurica.com) or your local insurance agent.

Update- as of 2/1 2017 BITCO announced that they will be paying a 20% dividend back to their policyholders that are currently in the plan.  This is the first of hopefully many more to come!  They also presented the AGC Building Chapter with a non-dues revenue check for $1500 to help kick off the plan at February’s monthly lunch.  The AGC would like to thank BITCO and their much valued partnership and hope you do the same by giving them a shot at your upcoming renewal.


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