Sompo GRS Small Commercial Gift Card Contest

Sompo GRS Small Commercial Gift Card Contest

NO PURCHASE OR PAYMENT OF ANY KIND IS NECESSARY TO ENTER OR WIN THIS COMPETITION. A PURCHASE WILL NOT IMPROVE YOUR CHANCES OF WINNING.

Sompo International GRS* Small Commercial Gift Card Giveaway (“Competition”)

 

Competition Official Rules

THIS COMPETITION IS VOID WHERE PROHIBITED BY LAW AND IS NOT OPEN TO THE GENERAL PUBLIC.  IT IS OPEN ONLY TO LICENSED SOMPO INTERNATIONAL GRS APPOINTED INSURANCE AGENTS (“GRS AGENTS”) OR EMPLOYEES AS APPLICABLE AT A LICENSED SOMPO INTERNATIONAL GRS APPOINTED AGENCY (“GRS AGENCY”) IN GOOD STANDING WHO ARE LEGAL RESIDENTS OF THE UNITED STATES OF AMERICA AND THE DISTRICT OF COLUMBIA INCLUDING PUERTO RICO AND ITS OTHER TERRITORIES AND WHO OTHERWISE QUALIFY UNDER PARAGRAPH 4. ELIGIBILITY (“PARTICIPANTS”).

  1. SPONSOR: The sponsor of this Competition is Sompo International GRS (“Sponsor”) with offices at 1221 Avenue of the Americas, New York, NY 10020.
  2. PRIZES: There will be 10 winners for this Competition. Each winner will be given a choice of gift cards with a $500 value that the Sponsor has selected.  The total value of all prizes is $5,000.The winner is not permitted to substitute the prize for its cash equivalent.  Sponsor reserves the right to substitute any or all of the prizes with any article or service of similar or greater value at its sole discretion.  Prizes may not be assigned or transferred.  Any individual winner may refuse to accept the prize.Sponsor is not responsible for any lost, stolen or damaged gift cards or e-gift card codes. Gift cards provided by merchants may be subject to merchant restrictions and shall not be considered an endorsement or sponsorship of the Competition or of Sponsor by such merchants.
  3. HOW TO ENTER: Participants may enter the Competition in two ways:
    1. By identifying and submitting a small commercial insurance prospect which meets the following criteria:
      1. the prospect is interested in at least one of the following coverages: property, general liability, workers compensation, commercial auto, environmental liability, products liability, clinical trials liability or umbrella (if property or general liability was quoted);
      2. the prospect’s business operates in one of the following industries: real estate, hospitality, financial institutions, professional services, life sciences, technology, or was deemed by Sponsor to be an Asian Risk Solutions prospect; and
      3. The prospect’s submission has at least one policy effective date between March 1, 2021 through June 1, 2021.If  the above criteria is met and the Participant submits an application and/or other approved documentation with current and relevant information about such prospect with Participant’s name, agency name, e-mail address, and telephone number to your Sponsor small commercial underwriter or [email protected], then it will be considered as a “Qualified Submission”.
    2. By submitting an email or Word document which contains 150 words or less describing how the Participant themselves, a colleague, or multiple colleagues from the Participant’s agency delivered a level of outstanding service to their client (“Service Success Story”) with the Participant’s name, agency name, e-mail address, and telephone number to [email protected]

The personal information that Participants submit will be subject to Sponsor’s privacy policy.  For a copy of Sponsor’s privacy policy please go to https://www.sompo-intl.com/privacy-policies/.

Illegible, incomplete or inaccurate Qualified Submissions or Service Success Stories are void. Participants may submit multiple Qualified Submissions and up to two Service Success Stories. Multiple Qualified Submissions per Participant are permitted, however, the same Qualified Submission or Service Success Story submitted with multiple e-mail addresses, under multiple identities or through the use of any other device to enter multiple times will be deemed invalid.

Sponsor will not be responsible for lost, stolen or misplaced Qualified Submissions or Service Success Stories or incorrect or inaccurate transcription of Qualified Submission or Service Success Story information, technical malfunctions, lost/delayed data transmission, omission, interruption, deletion, defect, line failures of any telephone network, computer equipment, software, inability to access any online service or website, inability to submit the Qualified Submission or Service Success Story, or any other error or malfunction, or any injury or damage to Participant’s computer related to or resulting from participation or downloading any materials in this Competition. Qualified Submissions or Service Success Stories will be deemed to have been submitted by the authorized account holders of the e-mail addresses from which the Qualified Submissions or Service Success Stories were sent. The authorized email account holder is deemed as the natural Participant who is assigned to an e-mail address by an internet access provider, service provider or other organization that is responsible for assigning e-mail addresses or the domain associated with the submitted e-mail address.

  1. ELIGIBILITY: This Competition is open to all Participants who meet the following criteria:
    1. With a GRS appointed agency that (i) is current on all accounts payable to all Sompo business entities and otherwise in good standing with Sponsor; and (ii) allows its agents to participate in such competitions; and
    2. Have attained the age of majority in their state of residence. The following persons are ineligible to participate in or win the Competition:
    3. Persons who from and after January 1, 2021 were or are employees or agents (other than an appointed insurance agent) of Sponsor or its affiliates, parent, subsidiaries, or the independent contractors of the above organization(s);
    4. Persons who are engaged in the development, production, distribution of materials, or drawing of winners for this Competition; and
    5. Persons who are immediate family of or who reside in the same household as any person in either of the preceding categories.
  1. SELECTION OF WINNER(S): Ten winners will be selected by representatives of Sponsor on two bases:
    1. The five highest counts of Qualified Submissions that were quoted by Sponsor (“Quoted Submissions”), provided that each Quoted Submission:
      1. Originated as a Qualified Submission from a licensed and Sponsor appointed insurance agent;
      2. The total annual insurance premium for the prospect is at least $25,000 and is classified by Sponsor as a small commercial business; and
      3. Was submitted during the period specified in Paragraph 6. Schedule.
        These five winners will have their prize delivered to the Participant that submitted the Service Success Story. In the event that less than five Service Success Stories are submitted or Sponsor does not view that any Service Success Stories demonstrate outstanding service, then Sponsor has the right to select fewer than five winners.
    2. These five winners will have their prize delivered to the GRS Agent.  If the number of Quoted Submissions is tied, then the GRS Agent with the largest amount of total gross written premium associated with his/her group of policies will determine our winner. The winners will be selected on or about June 21, 2021.  The winners will be notified within 10 days after the selection by e-mail or telephone.  In the event that the Sponsor cannot reach any winners within three (3) days after it attempts to notify all winners, Sponsor will select a new winner(s) according to these rules.  Additionally, if a winner is ineligible, it will be deemed as if the winner has rejected the prize, and Sponsor will select a new winner. Sponsor’s decision will be final and binding in all respects.
  1. SCHEDULE: The Competition begins on or about Monday, January 11, 2021 and ends on Friday, May 28, 2021.  All Qualified Submissions and Service Success Stories must be received by 11:59 p.m. Eastern Standard Time.
  1. ADDITIONAL CONDITIONS:
    1. As determined in its sole discretion, Sponsor reserves the right to terminate, suspend or modify this Competition if:
      1. fraud, technical failures or any other factor beyond Sponsor’s reasonable control impairs the integrity of the Competition; or
      2. there is any violation of law or regulation regarding the placement or brokerage of any insurance transaction.
    2. At its sole discretion, Sponsor may disqualify any Participant whom it considers having intentionally violated the Official Rules or any element of this Competition. By participating, Participants agree: (a) to be bound by the Official Rules and the decisions of the Sponsor who select the winners, and (b) to release and hold harmless Sponsor, its affiliates, subsidiaries, and independent contractors, and their respective directors, officers, employees, and agents (other than an appointed insurance agent), including advertising and promotion agencies, from any and all liability with respect to acceptance, possession or use (or misuse) of the prizes or participation in the Competition.
    3.  Except where prohibited by law, the Participant or winner agrees to permit Sponsor to use his/her name, the Service Success Story, address, city, state, photograph, videotape or any likeness for advertising or publicity purposes for no additional compensation and Participant and/or winner will execute a release provided by Sponsor.
    4. The names and logos of Sponsor are registered trademarks and may not be used without written permission.
    5. Participation in the Competition and/or submission of Qualified Submission(s) is not a guarantee that coverage for a prospect will be quoted nor bound.
    6. Sponsor promotion for advertising or publicity purposes of a Service Success Story(ies) is not a guarantee that such entry (or entries) will be a Competition winner.
  1. TAXES. Taxes (federal, state, and local) are the sole responsibility of any winner.  Sponsor does not provide tax advice.  Winners are encouraged to contact their own tax advisor regarding potential tax implications, if any, of this Competition.
  2. WINNERS LIST: For the name of the prize-winner(s), available after July 8, 2021, please send a separate, self-addressed stamped envelope to Sompo International GRS, Small Commercial Sales & Service Competition – List of Winners, 1221 Avenue of Americas, New York, NY 10020. Residents of Washington and Vermont may omit return postage.
  3. COPY OF THE RULES: To obtain a copy of the rules, please send a separate, self-addressed stamped envelope to Sompo International GRS, Small Commercial Sales & Service Competition – Competition Rules, 1221 Avenue of Americas, New York, NY 10020 Residents of Washington and Vermont may omit return postage.
  4. DISPUTES/ APPLICABLE LAW: By participating in this promotion, each Participant agrees that: (a) any and all disputes, claims and causes of action arising out of or connected with this promotion or any prizes awarded shall be resolved individually, without resort to any form of class action, and exclusively by the appropriate courts located in the state of New York, U.S.A.; (b) any and all claims, judgments and awards shall be limited to actual out-of-pocket costs incurred, including costs associated with entering this promotion but in no event attorneys’ fees; and (c) under no circumstances will entrant be permitted to obtain awards for and entrant hereby waives all rights to claim punitive, incidental and consequential damages and any other damages, other than for actual out-of-pocket expenses, and any and all rights to have damages multiplied or otherwise increased. SOME JURISDICTIONS DO NOT ALLOW THE LIMITATIONS OR EXCLUSION OF LIABILITY FOR INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE ABOVE MAY NOT APPLY TO YOU. All issues and questions concerning the construction, validity, interpretation and enforceability of these rules, or the rights and obligations of the entrant and Sponsor in connection with this promotion, shall be governed by, and construed in accordance with, the laws of the state of New York, U.S.A. without giving effect to any choice of law or conflict of law rules (whether of the state of New York, U.S.A. or any other jurisdiction), which would cause the application of the laws of any jurisdiction other than the state New York, U.S.A..
  5. PARTICIPANT OBLIGATIONS: All Participants are responsible for compliance with any disclosure requirements that may apply with respect to Participant’s compensation, including but not limited to, prizes won pursuant to this Competition. By participating, Participants warrant that their representation of their clients will always be conducted in the best interests of their clients and without regard to participation in this Competition.

*Sompo International GRS refers to Sompo Global Risk Solutions, a business unit of Sompo International. Sompo International was established in March 2017 with the acquisition by Sompo Holdings, Inc., or Endurance Specialty Holdings, Ltd. and its wholly owned operating subsidiaries.

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