Standalone Workers Compensation for Staffing Companies from Novatae Risk Group
Novatae Risk Group offers a specialized Workers Compensation solution tailored for staffing agencies across a wide range of industries. Whether your staffing client places clerical workers or higher-risk labor roles, this program provides flexible underwriting, competitive pricing, and the ability to accommodate challenging accounts—including those with high experience mods or lapses in prior coverage.
Program Highlights:
- Aggressive Pricing
- Guaranteed Cost Program Structure
- Broad Class Code Acceptance
- High X-Mod ... Okay!
- Lapse in Coverage ... Okay!
Ideal Accounts and Appetite
This Workers Compensation program is designed specifically for staffing companies with at least $1,000,000 in payroll. It is ideal for agencies that place employees in a variety of roles, including but not limited to:
- Light industrial and warehouse workers
- Healthcare staffing (non-hospital)
- Clerical and administrative personnel
- Skilled trades and construction support
You may have a client who recently expanded into new labor sectors or one with a temporarily lapsed policy—this program can help you place that business competitively.
Underwriting Notes and Minimum Premiums
To qualify, accounts should meet the minimum payroll threshold of $1,000,000. The minimum premium starts at $100,000. Novatae accepts submissions for accounts with high X-Mods and even those with a lapse in prior coverage, making it a great fit for hard-to-place or distressed risks.
Submission Requirements:
- ACORD 130 Application
- 3-5 Years of Currently Valued Loss Runs
- Copy of Current Policy Declarations Page
- Experience Modification (X-Mod) Worksheet
Territories and Market Access
This program is available in most states, including but not limited to CA, FL, TX, NY, IL, and GA. Novatae works with several national and regional A-rated carriers and can offer access to both admitted and non-admitted markets depending on the state and risk profile.
Why Work With Novatae Risk Group?
As a Managing General Underwriter and E&S broker, Novatae Risk Group brings deep expertise in staffing risk placement. Their flexible underwriting approach and broad carrier access allow agents to confidently place even the most complex Workers Compensation accounts. Fast response times, market access, and creative solutions make Novatae a trusted partner for staffing-related Workers Comp placements.
THIS IS NOT A PEO
Do you need a Workers Comp Insurance for Staffing Company Quote?
Send an email to [email protected] with your coverage needs or call 800-758-8113 to speak to an underwriter immediately.
Frequently Asked Questions
What types of staffing companies are eligible for this Workers Comp program?
This program is designed for staffing agencies with at least $1,000,000 in payroll and includes a wide range of class codes—from clerical and administrative to light industrial and skilled labor placements.
Can I submit accounts with high experience mods or lapses in coverage?
Yes, Novatae accepts submissions for accounts with high X-Mods and those that have experienced a recent lapse in Workers Comp coverage.
What documentation is required for a submission?
You’ll need to provide an ACORD 130 application, 3–5 years of loss runs, a current policy declarations page, and an X-Mod worksheet.
Is this a PEO solution?
No, this is a standalone Workers Compensation insurance program, not a Professional Employer Organization (PEO) model.
In which states is this program available?
The program is available in most states, including CA, TX, FL, NY, and many others. Contact Novatae for specific state eligibility.
Need help placing an account? Connect with a market specialist.