Suscripción
Underwriting with Care
CompWest's underwriting approach is grounded in disciplined risk selection, pricing adequacy and long-term portfolio stability across the states we serve. We evaluate each account holistically to align coverage and pricing with the specific risk characteristics of the operation.
Risk-based Underwriting
Workers' compensation risk varies by industry, operations and safety culture. Our underwriting process focuses on identifying accounts that demonstrate:
- Proactive loss control and commitment to workplace safety
- Stable operations and leadership
- Responsible claims management
Evaluating these factors allows us to more accurately segment risk and apply pricing that reflects the true exposure of each account. Whether it’s a simple guaranteed cost approach or a complex deductible work comp program, we identify a solution unique to our customer’s situation. Loss Sensitive and Deductible Programs are handled by our National Accounts* team. When an account warrants this type of policy, we put you in contact with the right person.
Expanded Flexibility Through Our Tiered Paper Strategy
To further enhance the underwriting experience, CompWest offers expanded capabilities through its tiered paper strategy, providing enhanced pricing flexibility and seamless access to multiple insurance papers through one trusted carrier. Based on a comprehensive evaluation of each account, your CompWest underwriter will assign the risk to the paper best aligned with its characteristics. This strategic approach allows CompWest to match risks with the most appropriate underwriting platform, helping deliver competitive pricing, broader flexibility and solutions that support long-term success for our agents and policyholders.
Star Insurance Company
Preferred pricing for best-in-class risks with premiums exceeding $50,000.
Accident Fund Insurance Company of America
Reliable, competitive pricing for accounts with standard risk characteristics.
CompWest Insurance Company
A conservative option designed for risks that require additional rate support.
