Top 10 Workers Compensation Insurance Services Companies - 2024

The "digital first" approach reshapes how companies operate and influences workers' compensation rates and policies in the current business environment. As businesses adopt more digital solutions and focus on robust risk management strategies, we expect ongoing worker compensation changes in the years ahead. Key drivers of these shifts include efforts to create safer workplaces and the increasing use of telehealth services.

Companies are investing more in safety measures to reduce workplace injuries and minimize workers' compensation claims. Organizations can achieve long-term financial benefits by taking a proactive approach to workplace safety through lower workers' compensation premiums. This improves employee well-being and helps companies save money in the long run.

Adjustments in workers' compensation could impact rates. Traditional insurance firms may join forces to offer clients tailored policies and coverage. Collaborative efforts between insurance companies and key stakeholders, including insurance agencies, aim to adopt strategies that deliver optimal outcomes. Additionally, changes in state regulations, such as updates related to COVID-19, pharmacy fee schedules, or enhancements to streamline customer service, may also impact workers' compensation trends.

Insurance companies must stay attuned to the rapid transformations in the insurance market. Embracing technologies like cloud computing and blockchain can streamline data processing for workers' compensation coverage and benefits. The evolution of workers' compensation insurance in the coming years will likely hinge on how the insurance industry adapts to these technological shifts.

This edition of Insurance Business Review offers a comprehensive overview of the latest developments in the workers' compensation insurance services landscape. It provides valuable insights into how organizations align with these trends and adopt innovative approaches to replace outdated practices.

We have gathered thought-provoking articles from industry experts, including Alexandru Chirita, Workers' Compensation Manager, Americas at Volvo Cars, and Preston LaFrance, Director of Claims at One80 Intermediaries.

Our in-depth analysis of market trends has identified leading companies driving innovation in workers' compensation insurance services. Notably, Agri-Services Agency, Appalachian Underwriters Inc. Tivly and United Business Insurance Company (UBIC) stand out for their cutting-edge technological capabilities, poised to revolutionize the industry with unparalleled services.

We trust that this edition of Insurance Business Review will assist you in forging partnerships to cultivate a technology-driven environment within your organization.

Worker Compensation | Insurance Business Review

Worker Compensation - 2024

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Tivly

Tivly is a leading two-sided digital commercial insurance marketplace that matches businesses with insurance carriers. Through this, commercial insurance providers can improve service and expedite proposers’ onboarding process. Today, it is the number one matchmaker that connects businesses with distinct risks to the right insurance provider, unlocking opportunities for tailored policies.

Our services play a significant role in improving customer experiences. Using Tivly, insurance companies can minimize their hold times from minutes to a few seconds

Mark McClure, CEO; Kim Read, President
Tivly

Tivly is a leading two-sided digital commercial insurance marketplace that matches businesses with insurance carriers. Through this, commercial insurance providers can improve service and expedite proposers’ onboarding process. Today, it is the number one matchmaker that connects businesses with distinct risks to the right insurance provider, unlocking opportunities for tailored policies.
Our services play a significant role in improving customer experiences. Using Tivly, insurance companies can minimize their hold times from minutes to a few seconds

Mark McClure, CEO; Kim Read, President,...
Agri-Services Agency

ASA provides affordable and competitive insurance programs for farmers, their families, and employees. Its high-quality benefit programs, encompassing health, workers’ compensation, farm owners’, pollution, and ancillary products, are designed to give agribusiness owners a competitive edge and facilitate employee attraction and retention.

We’re not just insuring farms; we take pride in offering proactive agricultural risk management to ensure workforce safety.

Mark Gannon, General Manager
Agri-Services Agency

ASA provides affordable and competitive insurance programs for farmers, their families, and employees. Its high-quality benefit programs, encompassing health, workers’ compensation, farm owners’, pollution, and ancillary products, are designed to give agribusiness owners a competitive edge and facilitate employee attraction and retention.
We’re not just insuring farms; we take pride in offering proactive agricultural risk management to ensure workforce safety.

Mark Gannon, General Manager,..
Appalachian Underwriters Inc.

Appalachian Underwriters has been in the industry for over 25 years and focuses primarily on workers' compensation on the wholesale MGA program side of the business.

We offer clients the flexibility to submit their worker’s compensation application via email or other traditional means, although most prefer to use our online rating platform

Brian Fischer, President
Appalachian Underwriters Inc.

Appalachian Underwriters has been in the industry for over 25 years and focuses primarily on workers' compensation on the wholesale MGA program side of the business.
We offer clients the flexibility to submit their worker’s compensation application via email or other traditional means, although most prefer to use our online rating platform

Brian Fischer, President,..
United Business Insurance Company (UBIC)

UBIC is a workers' comp specialist dedicated to delivering top-notch services with a personal touch. Certified by the Commissioner of Insurance, UBIC offers comprehensive, in-house services to small and midsize businesses in Georgia.

We pride ourselves as specialists in workers’ compensation, and it’s all we do at UBIC. We’re committed to offering the highest quality services, with a personal touch from tenured industry experts

Matt Harpin, Director of Underwriting, Joe Capers, Executive Manager and Brenda Anderson, Vice President of Operations
United Business Insurance Company (UBIC)

UBIC is a workers' comp specialist dedicated to delivering top-notch services with a personal touch. Certified by the Commissioner of Insurance, UBIC offers comprehensive, in-house services to small and midsize businesses in Georgia.
We pride ourselves as specialists in workers’ compensation, and it’s all we do at UBIC. We’re committed to offering the highest quality services, with a personal touch from tenured industry experts

Matt Harpin, Director of Underwriting, Joe Capers, Executive Manager and Brenda Anderson, Vice President of Operations,..
AmTrust Financial Services

AmTrust Financial Services, a worldwide insurance holding company based in New York, provides specialized property and casualty insurance products such as workers' compensation, business owner's policies (BOP), general liability, and extended service and warranty coverage.
AmTrust Financial Services

AmTrust Financial Services, a worldwide insurance holding company based in New York, provides specialized property and casualty insurance products such as workers' compensation, business owner's policies (BOP), general liability, and extended service and warranty coverage.
Brown & Brown

Brown & Brown's guiding values include hiring the best people and providing creative solutions and exceptional service. Whether customers are a highly complicated multinational corporation, an individual, or anything in between, their skilled teams can assist with viewing, analyzing, and purchasing insurance quickly.
Brown & Brown

Brown & Brown's guiding values include hiring the best people and providing creative solutions and exceptional service. Whether customers are a highly complicated multinational corporation, an individual, or anything in between, their skilled teams can assist with viewing, analyzing, and purchasing insurance quickly.
CorVel Corporation

CorVel Corporation is a nationally known claims management and managed care company with over 30 years of industry expertise. Its purpose is to help individuals and businesses by providing risk management solutions that improve their results.
CorVel Corporation

CorVel Corporation is a nationally known claims management and managed care company with over 30 years of industry expertise. Its purpose is to help individuals and businesses by providing risk management solutions that improve their results.
ICW Group

ICW Group Insurance Companies is a significant national group of insurance carriers that offers a variety of products such as workers' compensation, catastrophe, general liability, and property insurance, as well as assumed reinsurance.
ICW Group

ICW Group Insurance Companies is a significant national group of insurance carriers that offers a variety of products such as workers' compensation, catastrophe, general liability, and property insurance, as well as assumed reinsurance.
PMA Companies

PMA Companies offers risk management products and services in the United States, focusing on workers' compensation and property and casualty insurance. Based in Blue Bell, PA, it is a member of Old Republic Companies.
PMA Companies

PMA Companies offers risk management products and services in the United States, focusing on workers' compensation and property and casualty insurance. Based in Blue Bell, PA, it is a member of Old Republic Companies.
RT Specialty

RT Specialty is Ryan Specialty's major wholesale distributor of specialty insurance products and services and its wholesale broking specialization. The specialist brokers handle a wide range of property, casualty, professional lines, transportation, personal lines, and workers' compensation insurance products on both an open market and a delegated authority basis.
RT Specialty

RT Specialty is Ryan Specialty's major wholesale distributor of specialty insurance products and services and its wholesale broking specialization. The specialist brokers handle a wide range of property, casualty, professional lines, transportation, personal lines, and workers' compensation insurance products on both an open market and a delegated authority basis.