Workers' Comp - PEO

Workers' Comp Target Market

  • Accounts that wish to get out of a State Work Comp fund, a state "assigned risk pool" or "insurer of last resort"
  • Accounts that are being Non-Renewed or cancelled by the "standard market" due to losses or exposure
  • Any account that is headed to a State Insurance fund, "assign risk pool" or "insurer of last resort"
  • Accounts that have X-Mods up to and beyond 3.0
  • Accounts with a credit mod but being Non-Renewed by current carrier due to heavy losses the prior year
  • Lapse in coverages or accounts with No Prior coverage
  • Tough or High Hazard class codes, multi-state exposure or adverse underwriting criteria
  • Any combination of the above that makes the account difficult for the standard market to handle
  • Tough and High Hazard Class Codes with some or all of the above criteria
  • We will look at most Class Codes from Clerical, to Manufacurers, Contractors, Health and Service to name a few
  • Pay As you Go Options
  • Payroll service including full tax remittance and compliance, 941's, W-2's
Target Classes of Business For Workers' Comp (Many More Available)

  • Manufacturing
  • Artisan Contactors
  • Heavy Construction
  • Property Managment
  • Staffing
  • USL&H (Lion Insurance Only)
  • Roofing
  • Lanscaping
  • Demolition
  • Excavation, Grading and Equipment
  • Masonry and Concrete
  • Painting
  • Swimming Pool Contractors
  • Pool Plastering
  • Framing & Carpentry
  • Janitorial
  • Residential Cleaning
  • Residential Care
  • Transportation
  • Freight Handlers
  • Warehouses
  • In Home Care & Assisted Living
  • Farming
Commissions:

Great Commissions - ranges from 7.5% to 12.5% of Workers' Compensation premiums (commissions vary by risk, governing code and size of account)

Submission Requirements:

  • Acord 130
  • 3-5 Years Loss History
  • Loss History Affidavit for accounts with Lapse in coverage or No Prior
  • Explanation of claims over $15,000
  • Experience Mod Sheet (if applicable)

Product Details

  • Yes
  • Lion Insurance, State National (CA,NY)
  • Yes

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Availability

Covered
Not Covered
AL, AZ, CA, CO, FL, GA, IL, LA, MD, MS, NC, NJ, NM, NV, NY, OK, PA, SC, TN, TX, VA

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Contacts

Name Title Email Phone
Emanuel Molina Account Executive emanuel.m@spli.com (727) 692-8801