Trying to find a market other than AIG or a PEO/ASO for work comp coverage for a multi-state transportation brokerage company. Never had coverage, thus would be considered new. All office personnel.
Thanks,
d.wire@umgco.net
Work Comp
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Work Comp
This a non-asset based transportation brokerage company. They should have had w/c coverage but never got for whatever reason. Now realize they need it. ( I think a cusotmer is asking for it plus they are required) Have been in business for a few years.
Thanks
Thanks
Given that the exposure is only 8742 and 8810, you might want to contact the carrier that handles their property/liability and see if they can assist on this.
Additionally, check http://www.ultimateinsurancelinks.com/ for a local MGA as an alternate source for W/C. A MGA that handles w/c may be able to provide a market with little or no surcharge (a carrier may surcharge this as they've been w/o coverage when it should have been in place).
Additionally, check http://www.ultimateinsurancelinks.com/ for a local MGA as an alternate source for W/C. A MGA that handles w/c may be able to provide a market with little or no surcharge (a carrier may surcharge this as they've been w/o coverage when it should have been in place).
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Why would you want to do business with this guy?
Based on what you have outlined, this guy is trouble - violating laws in several states - what else is he doing that is slip-shod?
Let someone else have it. Agents and brokers waste a tremendous amount of effort fighting battles for lousy clients. Odds are great that this guy will use you, then dump you well before you can make a profit on him. Spend the time working to attract quality clients to your business.
Bad prospects make bad clients.
Based on what you have outlined, this guy is trouble - violating laws in several states - what else is he doing that is slip-shod?
Let someone else have it. Agents and brokers waste a tremendous amount of effort fighting battles for lousy clients. Odds are great that this guy will use you, then dump you well before you can make a profit on him. Spend the time working to attract quality clients to your business.
Bad prospects make bad clients.
Scott Simmonds, CPCU, ARM
Insurance Consultant
Insurance Consultant