Overview — WORKERS COMPENSATION from CMS, LLC
CMS, LLC is a wholesale broker offering a flexible Workers Compensation program that pairs in-house rating and binding capability with access to multiple A-rated and national carriers. This program is built for independent agents who need a dependable market for standard and challenging comp accounts. CMS provides quick turnaround, competitive commissions, and underwriting flexibility across a broad set of industries.
Ideal Accounts and Target Classifications
Primary target classes include:
- Contractors (note: $10,000 minimum premium for many contractor accounts, including new ventures)
- Offices and professional services
- Wholesalers and distributors
- Manufacturers
- Property / building managers
- Transportation (typically a $10,000 minimum premium)
- Main Street mercantiles and retail operations
- Other small- to mid-sized commercial risks
Coverage Highlights and Advantages
- Access to more than 10 A-rated and national insurance companies, giving you multiple placement options.
- In-house rating and binding — faster quotes and the ability to bind coverage quickly when you need it.
- Ability to consider tougher risks, including certain loss experience modifications and mid-term situations.
- Competitive commission structures for agents.
Underwriting Appetite & What We Will Consider
CMS will consider a wide range of accounts, including:
- New ventures — we will review start-ups across target classes, particularly contractors and service businesses.
- Loss experience modification (mods) up to 1.70 — we can work with elevated loss histories where appropriate underwriting and risk control plans exist.
- Mid-term cancellations — we can evaluate accounts mid-term when coverage gaps or cancellations occur.
Accounts that typically do not fit include very large captive programs, extremely high hazard classes without risk control, or accounts below minimum premium thresholds noted for specific classes.
Underwriting Notes and Minimum Premiums
Some target classes carry minimum premium requirements. In particular, contractors and transportation accounts commonly require a $10,000 minimum premium. Submission requirements vary by carrier and class; provide payroll breakdowns, loss runs, and details on subcontractor use when available to speed placement.
Territories and Availability
This Workers Compensation program is available in the following states: AL, CA, CT, FL, GA, IL, KY, ME, MA, MI, NH, NJ, NY, NC, PA, RI, SC, TX, VT, VA and DC. CMS works as a wholesale broker to place admitted coverage with carriers suitable for each state and account.
Why Work With CMS, LLC on Workers Compensation?
- Wholesale expertise: CMS focuses on helping retail agents place commercial comp business that can be challenging to bind elsewhere.
- Speed and flexibility: In-house rating and binding capability reduces placement time and helps you close business faster.
- Market access: Multiple A-rated and national carriers provide options for layering, pricing, and specific underwriting needs.
- Service orientation: CMS evaluates new ventures, higher-mod accounts, and mid-term placement opportunities to keep your business intact.
Example Account Scenarios
- You have a small contracting firm that recently expanded; payroll and exposure meet the $10,000 minimum. CMS can evaluate the risk, consider a new venture submission, and present A-rated carrier options.
- A regional wholesale distributor with a mid-term cancellation needs immediate coverage. CMS can assess loss runs and underwriting details to place the account quickly with a carrier in our panel.
Frequently Asked Questions
What types of accounts are a good fit for this Workers Compensation program?
CMS targets contractors, offices, wholesalers, manufacturers, property managers, transportation, and Main Street mercantiles. The program is designed for small- to mid-sized commercial accounts and can consider new ventures and tougher loss histories up to a 1.70 mod.
Are there minimum premium requirements?
Yes. Certain classes—most notably contractors and transportation—commonly require a $10,000 minimum premium. Minimums may vary by carrier and state; provide full submission details so CMS can identify the appropriate market.
Which states are covered and is coverage admitted?
The program is available in AL, CA, CT, FL, GA, IL, KY, ME, MA, MI, NH, NJ, NY, NC, PA, RI, SC, TX, VT, VA and DC. CMS works as a wholesale broker to place admitted coverage with participating carriers in those states.
What information should I include with a submission to speed placement?
Provide current and prior loss runs, payroll details by class code, a description of operations and any subcontractor usage, claims mitigation or safety programs, and details on new ventures if applicable.
How quickly can CMS respond and bind coverage?
Because CMS offers in-house rating and binding capability and access to multiple A-rated carriers, turnaround is typically faster than market averages. Response times depend on completeness of the submission and carrier underwriting requirements.
Need help placing an account? Connect with a market specialist.