Work Comp

wireman · Post by **wireman** » Wed Nov 28, 2007 2:06 pm

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

Big Dog · Post by **Big Dog** » Wed Nov 28, 2007 2:35 pm

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.

wireman · Post by **wireman** » Wed Nov 28, 2007 3:15 pm

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

Big Dog · Post by **Big Dog** » Thu Nov 29, 2007 6:00 am

What are the main class codes and which states do they operate in?

wireman · Post by **wireman** » Thu Nov 29, 2007 7:19 am

Classes are 8810 and 8742. States are AL, TN, NC, and NV

Regards,

Big Dog · Post by **Big Dog** » Fri Nov 30, 2007 1:53 pm

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).

wireman · Post by **wireman** » Fri Nov 30, 2007 2:15 pm

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.

yoyowordup · Post by **yoyowordup** » Mon Dec 03, 2007 12:05 pm

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.

scott · Post by **scott** » Mon Dec 03, 2007 12:23 pm

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.