Highlights of Empire's "Tough" or Difficult to Place Risks
- Guaranteed Costs
- Retroactive Programs - "Retro Plans"
- High Deductible Programs
- Premium Deviations
- "Consent to Rate" Approvals
- Dividend or "Return of Premium" Plans
- Loss Control Assistance
- Pay As you Go Options
- Optional Zero Premium Deposits
- Expert and Fair Claims Management
- HR Services/Support
- Optional Benefits Administration – Obamacare
- Optional Payroll service including full tax remittance and compliance, 941's, W-2's
Commissions
Great Commissions – ranges from 6 to 10% of Workers Compensation premiums (commissions vary by risk, governing code and size of account)
Target Classes of Business For "Tough" or Difficult to Place Risks
- Artisan Contractors
- Demolition
- Excavation, Grading and Equipment
- Farming
- Framing and Carpentry
- Freight Handlers
- Gunite Contractors
- Heavy Construction
- In Home Care and Assisted Living
- Janitorial
- Landscaping
- Manufacturing
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- Masonry and Concrete
- Painting
- Pool Plastering
- Property Management
- Residential Care
- Residential Cleaning
- Roofing
- Staffing
- Swimming Pool Contractors
- Transportation
- USL&H
- Warehouses
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We Handle Risks for All States Except Monopolistic
AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, 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, WV, WI
Target Market
- Accounts that wish to get out of a State Work Comp fund, a state "assign risk pool" or "insurer of last resort"
- Accounts 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 between 1.30 and 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
- Accounts that are distressed or hard-to-write
- Tough 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 Class Codes with some or all of the above criteria
- We will look at most any Class Codes from Clerical, to Manufacturers, Contractors, Health and Service to name few
Top Carriers
We have over 12 Carriers to work with including some of the highest rated AM Best Carriers in the country, including AIG, Zurich, Hartford, Argonaut, Amtrust, State National, Lumberman's, GIC and many more..
Submission Requirements
- Acord 130
- 3 Years loss history
- Loss History Affidavit for accounts with Lapse in coverage or No Prior
- Explanation of claims over $20,000
- Experience Mod-Sheet
- The Supplemental for the Class of Work pertaining to the risk being submitted
(Click here for Supplementals)