Monarch Partners Group LLC (MPG) is a program administrator with over 25 years of experience delivering workers’ compensation solutions to agents and brokers across the country. MPG focuses heavily on distressed, high-risk, and unconventional accounts—particularly in the staffing industry, which is MPG’s #1 target market. Whether your client is a startup, has been non-renewed, or is stuck in an assigned risk pool, MPG offers alternative market options that traditional carriers often avoid.
Ideal Accounts and Appetite
MPG is best suited for staffing firms and other distressed risks that meet the following criteria:
- Premiums starting at $50,000 (POWC requires $100,000 minimum)
- High-risk industries or tough class codes
- High debit Xmods or prior losses
- New ventures or startups
- Accounts with prior cancellations, non-renewals, or coverage lapses
You might have a staffing client with a high Xmod who’s been declined by standard markets or forced into the assigned risk pool—MPG can offer a workable alternative to keep them compliant while providing better service and pricing.
Coverage Highlights and Advantages
MPG’s Staffing Workers’ Compensation Program offers multiple features that help agents secure and retain difficult accounts:
- Premium-only workers’ comp structure (no bundled payroll required)
- Pay-as-you-go premiums for improved cash flow
- Access to favorable Xmod via POWC master policy
- Elimination of year-end premium audits in many cases
- All states coverage available
- “A”-rated carrier partnerships
- Broad class code acceptance
- HR, payroll processing, and funding options available
With in-house underwriting and tailored risk management services, MPG can quickly turn around quotes and help you stay competitive in a challenging market segment.
Underwriting Notes and Minimum Premiums
To submit an account, please provide the following:
- ACORD 130 application
- Three years of currently valued carrier loss runs (preferably summarized)
- Current policy declarations and rating pages
- Current Xmod sheet
- Additional information to help assess the risk
The POWC program requires a $100,000 minimum premium. Other programs start at $50,000 in premium depending on class code and risk profile.
Territories and Availability
MPG’s Staffing Workers’ Compensation Insurance program is available in all 50 states and the District of Columbia, giving you the flexibility to place multi-state or regionally dispersed staffing operations.
Why Work With Monarch Partners Group LLC?
Monarch Partners Group brings decades of expertise in placing hard-to-write workers’ compensation risks. With a strong focus on the staffing industry and access to multiple “A”-rated carriers, MPG helps agents and brokers deliver cost-effective, compliant, and flexible solutions to clients who may otherwise have limited options. The in-house underwriting team ensures fast turnaround and customized programs tailored to each risk’s unique situation.
Visit Monarch Partners Group LLC's company profile to learn more or explore the Staffing Workers’ Compensation Insurance program.
Frequently Asked Questions
What types of accounts are a good fit for this program?
Staffing companies with premiums of $50,000 or more, particularly those in high-risk class codes, with high Xmods, or who have been non-renewed, are ideal candidates.
How does the Payroll Opt-Out Work Comp Program (POWC) work?
The POWC allows staffing firms to retain their own payroll and tax systems while accessing MPG’s master WC policy, favorable Xmod, and a pay-as-you-go premium structure.
Do you accept new ventures or startups?
Yes, MPG’s programs are open to new ventures, startups, and companies with no prior coverage history.
What documentation is needed for a quote?
Typical submissions include an ACORD 130, 3 years of loss runs, current policy declarations, Xmod sheet, and any other relevant risk information.
Is this program available in all states?
Yes, MPG’s workers' compensation program is available in all 50 states and Washington, DC.
Need help placing an account? Connect with a market specialist.