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.
Insurance Issue Leaves Some Players Off World Baseball Classic Rosters 
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears 
BMW Recalls Hundreds of Thousands of Cars Over Fire Risk 
How One Fla. Insurance Agent Allegedly Used Another’s License to Swipe Commissions 
