Standalone Workers Comp Insurance - 200 Classes

Overview of the Program From Novatae Risk Group

Novatae Risk Group offers a flexible and competitive Standalone Workers' Compensation Insurance program designed to help independent agents and brokers place business across a broad range of industries. With more than 200 eligible class codes, this program is built to accommodate both established businesses and new ventures, including those with owner resumes. Whether you're working with small manufacturers, contractors, retailers, or professional services, Novatae provides access to markets that match your clients' needs.

Ideal Accounts and Appetite

This program is ideal for small to mid-size businesses seeking dedicated Workers’ Compensation coverage. Eligible classes span a wide array of industries, including but not limited to:

• Construction and trades (e.g., drywall, electrical, plumbing, masonry)
• Manufacturing (e.g., furniture, textiles, machinery, electronics)
• Retail and wholesale businesses (e.g., clothing stores, wine shops, department stores)
• Professional services (e.g., attorneys, accountants, real estate agencies)
• Hospitality and service industries (e.g., hotels, janitorial services, auto repair)

If you have a block of small accounts or a new venture looking for workers’ comp coverage, this program is well-suited to help you find a home for them. Submissions with complete documentation are processed quickly, helping you deliver timely solutions to your clients.

Coverage Highlights and Advantages

• Access to 200+ eligible classes
• Fast approvals with complete submissions
• Only 15% deposit with 9 installment payment options (payroll reporting available)
• No billing statement fees
• Highly competitive pricing
• New ventures accepted with owner resume
• Willing to consider underwriting blocks of small business accounts

If you have a block of "small accounts" you wish to find a home for, and would like to know more, contact [email protected].

Underwriting Notes and Minimum Premiums

The minimum premium for this program is $5,000. Underwriting is straightforward but thorough, with the following submission requirements:

• Completed Acord 130 form
• 3–4 years of loss runs
• No lapses in coverage
• Details on any large losses
• Supplemental questionnaire

Accounts with clean histories and complete submissions are prioritized for quick turnaround.

Territories and Availability

Novatae’s Standalone Workers’ Comp program is available in most states, including AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, DC, WV, and WI. Market availability may vary by state, and Novatae works with a range of carriers depending on jurisdiction.

Why Work With Novatae Risk Group?

Novatae Risk Group is a Managing General Underwriter and Excess & Surplus Lines Broker with deep expertise in placing complex or underserved Workers' Comp risks. Their broad market access and underwriting flexibility make them a valuable partner for agents and brokers looking to place challenging or niche accounts. Whether you're working with startups, multi-class operations, or accounts with prior claims, Novatae brings the tools and responsiveness you need to close business efficiently.