BusinessFirst Insurance Co., a monoline workers’ compensation company, is now offering coverage to employers in Georgia.
BusinessFirst and affiliate RetailFirst Insurance Co. comprise the RetailFirst Insurance Group. During 2013, the companies reported more than $108 million in combined direct written premium, and as of September 30, 2014, the group insured more than 14,000 businesses and had more than $307 million in total admitted assets and almost $149 million of policyholder surplus.
The group is rated B++ (Good) by A.M. Best Co. and said it has excess of loss reinsurance coverage provided by A+ rated Safety National Casualty Corp.
Day-to-day operations of the group are managed by Summit Consulting LLC, a managing general agent with experience in workers’ compensation.
In addition to Georgia, BusinessFirst is available to employers in Florida, Kentucky, North Carolina, South Carolina and Tennessee.
Was this article valuable?
Here are more articles you may enjoy.
Insurify Starts App With ChatGPT to Allow Consumers to Shop for Insurance 
Florida’s Commercial Clearinghouse Bill Stirring Up Concerns for Brokers, Regulators 
Maine Plane Crash Victims Worked for Luxury Travel Startup Led by Texas Lawyer 
Trump Demands $1 Billion From Harvard as Prolonged Standoff Appears to Deepen 
