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Work Comp
Posted: Wed Nov 28, 2007 2:06 pm
by wireman
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
Posted: Wed Nov 28, 2007 2:35 pm
by Big Dog
Is this a freightforwarder or true transportation (i.e. trucking) company?
If they've never had coverage, is this a startup? If not, why? Which market depends upon this info.
Work Comp
Posted: Wed Nov 28, 2007 3:15 pm
by wireman
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
Posted: Thu Nov 29, 2007 6:00 am
by Big Dog
What are the main class codes and which states do they operate in?
Work Comp
Posted: Thu Nov 29, 2007 7:19 am
by wireman
Classes are 8810 and 8742. States are AL, TN, NC, and NV
Regards,
Posted: Fri Nov 30, 2007 1:53 pm
by Big Dog
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).
Posted: Fri Nov 30, 2007 2:15 pm
by wireman
Big Dog, thanks but tried both options and cannot find a marekt outside AIG or a PEO.......thanks anyways. Looks like I may try the risk pool.
Posted: Mon Dec 03, 2007 12:05 pm
by yoyowordup
I have a similar account with Hartford. They probably right in all those states. If you don't have a contract with Hartford, you may direct it to their sales dept - 1-877-495-8542 - Ask for George Grieder.
Posted: Mon Dec 03, 2007 12:23 pm
by scott
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.