Insurate is a leading provider of high hazard workers' compensation insurance for businesses that make safety a priority. We excel in underwriting coverage for companies operating in blue-collar industries such as heavy construction, manufacturing, agribusiness, senior care, transportation, Oil & Gas, Telecom, and many others, and are uniquely able to service businesses with premiums ranging from $50,000 to $3,000,000 in guaranteed cost workers' comp. Our expertise and proprietary underwriting model allow us to provide our agents with a new alternative to the old-fashioned underwriters that currently dominate this high hazard market.
At Insurate, we believe that the strength of our company lies in the partnerships we foster with our agents. Our unique approach to high hazard workers' compensation insurance provides agents with distinct advantages in an increasingly competitive market:
Our deep understanding of high hazard industries equips us to navigate the complexities that come with workers' compensation insurance in these fields. As our partner, you gain access to our specialist knowledge, setting you apart from other agents in the market.
We provide tailored risk management strategies to help your clients mitigate their workplace risks, potentially reducing claims and saving costs. Our commitment to effective risk management can be a game-changer for businesses in high-hazard sectors.
We choose to work with a limited number of agents, enabling us to dedicate more resources and personalized support to each partner. This exclusive approach ensures that you aren't just another number in a large portfolio, but a valued partner.
We offer attractive commission rates and profit-sharing opportunities. We believe that as we grow, our partners should too. The more business you bring, the more you can earn, providing a clear incentive for our mutual success.
By reaching outside the walls of traditional underwriting data for business insight, we quote quickly without industry supplementals or repetitive inspections. Safe-Tier analysis limits back-and-forth beyond the initial submission, resulting in fast, competitive and profitable quotes.
Writing business in a competitive marketplace is difficult enough without also requiring cumbersome monitoring technologies. Our risk analysis uses AI-directed safety tools and training to proactively improve specific safety needs vs reactively observing behavior.
We understand the value of the business you've built. That's why we offer select agents broker of record protection, safeguarding your client relationships. Plus, with exclusive program opportunities, you can offer your clients services they won't find anywhere else.
Below is a collection of case study and examples showcasing successful collaborations between Insurate and businesses in hard-to-place high hazard class codes. This growing compilation provides insight into how Insurate complements traditional underwriting to look beyond what businesses do to understand how they do it - allowing us to confidently write workers’ comp policies across all major high hazard industries.
The workers’ comp premium that Badlands was paying, was average for their industry and did not acknowledge the company’s risk control investment or performance.
Additional examples of best-in-class savings across nearly every high hazard industry.
Our ideal partners are agents who are already established in our target industries. We seek partnerships that can bring a significant amount of business to Insurate, thereby contributing to a mutually beneficial relationship. If you have an existing book of business in our target industries and are looking to enhance your offering with a specialized workers' compensation insurance provider, Insurate may be the perfect fit.
Starting a partnership with Insurate is straightforward. Our dedicated team will work closely with you to understand your business, your goals, and your clients' needs. We make the appointment process seamless, allowing you to focus on what you do best – serving your clients.
We are fortunate to work with some of the top high hazard workers’ comp specialists in America, and value partners that share our mission of rewarding and supporting businesses that make employee safety a priority.
The most exciting thing about Insurate is the benchmarking data provided - it’s going to give our producers something different to talk about and I think that being able to provide how these businesses compare to their peers is very valuable for our clients.
In Ag, we know things happen – livestock are unpredictable. But improving engagement and data-driven understanding of risk is a different thought process and certainly an improvement. I’d always rather have more information and better information to support my customers.
We always talk about work comp rates in the industry by that middle 60%. The bottom 20% of performers are probably getting a way better deal than they should, and the the top 20% best-in-class are not getting as good a deal as they should - so Insurate finding a way to reward those best-in-class businesses with the pricing they deserve is truly remarkable.
The most exciting thing about Insurate is the benchmarking data provided - it’s going to give our producers something different to talk about and I think that being able to provide how these businesses compare to their peers is very valuable for our clients.
We always talk about work comp rates in the industry by that middle 60%. The bottom 20% of performers are probably getting a way better deal than they should, and the the top 20% best-in-class are not getting as good a deal as they should - so Insurate finding a way to reward those best-in-class businesses with the pricing they deserve is truly remarkable.
We are currently onboarding the last cohort of select agency partners and plan to consider additional agents for an Insurate appointment.
If you are inspired by difficult to place business in the 20-500 employee range and want to talk, please contact us.