Lansing, MI -(PRNewswire)- CompWest Insurance Company, part of the Accident Fund Holdings family, recently announced a partnership with Align General Insurance Agency to write workers’ compensation insurance for high-quality risks with a debit experience modification, effective January 1, 2014. This new program is designed to provide customers and retail agents with a service-oriented, long-term and stable market for high-quality businesses whose recent loss activity has materially increased their experience modification.
“We’re excited about this new program as it further demonstrates CompWest’s commitment to the California workers’ compensation market and our desire to grow,” said Gene Simpson, vice president of Underwriting and Marketing for CompWest. “While we’ve always been open to writing debit mod business, we believe this partnership with Align General Insurance Agency will increase our success by leveraging their leadership experience in this segment, as well as their track record of growing successful programs. Additionally, we believe CompWest’s comprehensive claims and loss control service model will help these customers improve their loss results, reduce their experience modification, and ultimately lower their overall workers’ compensation costs.”
The program targets California operations with annual premiums between $75,000 and $500,000, with an experience modification of 1.25 or higher, in a variety of classifications including: auto repair, hospitality, manufacturing, retail, service, wholesale and wineries. More detailed information about this program can be found at AlignGeneral.com.