Monarch Partners Group LLC (MPG) has been a trusted resource for independent agents and brokers nationwide for over 25 years, offering innovative workers' compensation solutions for tough-to-place accounts. MPG specializes in higher-risk industries, staffing operations, startups, distressed businesses, and accounts that have been non-renewed or cancelled from standard markets.
Overview of the Program
MPG’s exclusive Payroll Opt-out Work Comp Program (POWC) is a standout solution for companies needing workers' compensation coverage but wanting to retain their payroll operations. Leveraging a PEO master policy structure, this program allows risks to opt out of payroll and tax services while retaining all the benefits of a comprehensive WC policy. Clients enjoy favorable x-mods, pay-as-you-go premium billing, improved cash flow, and no year-end audits—ideal for companies frustrated by limited options in the assigned risk pool or those coming off coverage lapses.
Ideal Accounts and Target Classes
MPG targets higher-risk, hard-to-place businesses across a wide range of industries:
- Construction & Contractors
- Disaster Cleanup
- Cannabis-related businesses
- Agriculture & Farming
- Nursing Homes & Home Care
- Wholesale Distributors
- Restaurants & Hotels
- Janitorial Services
- Landscaping
- Manufacturing
- Medical Transport
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- Staffing Agencies
- Tree Trimming
- Painting, Electrical, Plumbing
- Masonry & Concrete
- Transportation, Delivery, Taxi/Limo
- Schools
- Warehousing
- Drug & Chemical Industries
- Security Services
- New Ventures and Startups
- Accounts with Lapsed Coverage
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Whether you’re trying to place a contractor with a high debit X-mod, a staffing agency with a unique class code mix, or a manufacturer recently dropped by their carrier, MPG has solutions tailored for your complex accounts.
Program Highlights and Benefits
- Pay-as-you-go premium billing improves cash flow.
- Clients maintain their own payroll systems and bank accounts.
- Access to favorable x-mods and competitive pricing structures.
- Coverage available in all states, with broad class code acceptance.
- No year-end premium audits required.
- Coverage available for new ventures and mid-term replacements.
- Guaranteed cost and deductible options available.
- Fast quote turnaround with in-house underwriting available for many risks.
Underwriting Guidelines and Submission Requirements
MPG seeks accounts with estimated premiums of $50,000 or more. Submissions should include:
- Completed ACORD 130
- 3 years of currently valued loss runs (preferably summarized)
- Current policy declarations/rating pages (or PEO rate sheets)
- X-Mod worksheet
- Additional documentation to help assess the risk
Territories and Carrier Access
MPG’s workers’ compensation programs are available in all 50 states plus DC. With access to multiple "A"-rated carriers and flexible underwriting, MPG offers both admitted and non-admitted solutions depending on the risk profile and state regulations.
Why Work with Monarch Partners Group LLC?
MPG’s decades of experience in the alternative workers’ compensation market make them a go-to partner for agents and brokers handling complex accounts. Their focus on staffing and high-hazard classes, coupled with responsive underwriting and competitive commissions, means you get reliable support, fast answers, and satisfied clients.
For agents working on challenging WC placements, Monarch Partners Group offers the expertise, tools, and flexible program designs to get deals done.
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program is ideal for high-risk, hard-to-place businesses such as staffing firms, contractors, transportation companies, and those with high X-mods or prior coverage lapses.
Can clients keep their own payroll systems?
Yes. Through the Payroll Opt-out Work Comp Program (POWC), clients can retain their payroll, tax IDs, and bank accounts while benefiting from MPG’s workers’ comp policy.
Is this program available nationwide?
Yes. MPG offers coverage solutions in all 50 states and Washington, DC.
What is the minimum premium requirement?
MPG typically targets accounts with workers’ comp premiums of $50,000 or more.
How fast can I get a quote?
MPG offers quick turnaround times, especially when complete submission materials are provided, including ACORD forms, loss runs, X-mod sheets, and policy declarations.
Need help placing an account? Connect with a market specialist.