IBA West Service Corp. and AmWINS Access have teamed to offer a specialty workers’ compensation program for IBA West member brokers and agents and their construction, trucking and security guard clients.
Coverage is provided by “A”-rated carriers in California. There is a $10,000 standard premium (base rate times payroll), and no minimum premium volume requirement.
Other program highlights include:
•New ventures and accounts with lapse in coverage considered for construction and trucking risks. Security guard operations minimum three years in business.
•Online submission for timely quote.
•Mod range: 70 – 179.
•Direct bill and multiple payment plans are available.
•Each risk is individually evaluated for appropriate market submission.
Ineligible risks include:
•5222- concrete construction in connection with bridges or culverts; 5552- 5553- roofing; 6307 – 6308 – sewer construction; 6315-6316 – water mains, gas mains or connections.
Accounts where the standard premium (base rates times payrolls) is more than $130,000 can be sent to the middle market.
New business submissions require:
•A completed 130 Acord application;
•Three to five years of loss runs valued within 90 days of the effective date; and
•A supplemental application on accounts more than $35,000.
For more information, e-mail angie.carter@amwins.com or lynda.becker@amwins.com.
Was this article valuable?
Here are more articles you may enjoy.
Illinois USPS Employee Indicted for Alleged Workers’ Comp Fraud 
Opportunity for Private Flood Insurers With Threat of Another NFIP Lapse 
Navigators Can’t Parse ‘Additional Insured’ Policy Wording in Georgia Explosion Case 
Businesses Pressured to Respond to ICE While Becoming a Target 
