I have a meeting with Legacy Insurance Services, Inc this evening. They are an MGA for Auto/Commercial risks and just looking for any feedback, positive or negative, about them from anyone that may know. Thier HQ is in Phoenix, AZ.
Well I really wanted to appoint with them but they are Not Rated with the rating carriers and my E&O insurance would have to have an "Insolvency Exclusion" added to it once I bound any policy with them. Meaning basically that if one of my carriers went insolvent and there was an E&O claim because of that, i would not be covered and thus be paying out of pocket.
I'd love to get hooked up with them though, they have a great concept and target niche.