Boston Heights, OH -(PRNewswire)- Fastcomp, a web-based source for monoline workers’ compensation insurance, recently announced carrier partner Clear Spring Property and Casualty Co. has named the company as its exclusive platform for risks of $50,000 and below.
“Our relationship with Clear Spring continues to evolve, as both companies find new competitive advantage in our complementary strengths,” observed Fastcomp CEO John Valko. “The Fastcomp platform is now integrated with Clear Spring’s operations, for example, allowing them real-time access to all their data.”
Clear Spring is an industry leader in assessing risk based on a data-driven approach that uses proprietary technologies to deliver new insights that allow the company’s risk management to become more precise over time for each client. The company is a subsidiary of Delaware Life Insurance Company, rated A- (Excellent) by A.M. Best and part of US-based insurance holding company Group One Thousand One.
“Fastcomp’s frictionless, highly efficient platform and nationwide reach has proven ideal for us,” remarked Mike Camilleri, President and CEO of Clear Spring. “So much so that naming them our exclusive platform for risks $50,000 and below was a clear win/win all the way around… our companies, agents and clients all benefit.”