Louisville, KY – Businesses across Kentucky have saved over $1 million dollars on their workers’ compensation insurance costs since January 2020 through a partnership between ClearPath Mutual and the Kentucky Chamber.
ClearPath Mutual, one of the largest providers of workers’ compensation insurance in Kentucky, collaborated with the Kentucky Chamber offering members of participating chambers 10% off annual insurance premiums for new and existing customers of ClearPath Mutual.
In less than two years, the partnership has saved companies on average $3,000 a year on their workers’ compensation premiums – over $1 million total.
Currently, about 450 members of the Kentucky Chamber and members of local chambers from across the state are participating in the savings program.
“As a chamber member with over 350 employees I can’t brag on the Chamber and ClearPath enough for forming this partnership. Last year alone, our company saved almost $10,000.00,” said Isaiah House Inc. Founder and CEO Mark La Palme. “For a nonprofit that donates over $24 million in annual services, every penny counts. These savings for us translates to more saved lives.”
“The Kentucky Chamber started this program to help businesses save on one of their biggest expenses – workers’ compensation costs,” said Kentucky Chamber President and CEO Ashli Watts. “We are proud to partner with ClearPath Mutual, a Louisville-headquartered company, and a valuable, dedicated partner to save Kentucky businesses over $1 million!”
Source: ClearPath Mutual