Joe McIlhon talks about Insurate’s mission, how we use data to scale, and how Insurate will influence the future of workers' comp.
See the InterviewInsurate, a leading Managing General Agent (MGA) specializing in workers' compensation insurance, is pleased to announce the expansion of its coverage to several new states including Montana, Nevada, and Wisconsin, marking another step toward its goal of offering complete coverage across the United States by 2025. This strategic growth is driven by a unique blend of traditional underwriting practices and advanced predictive data science, providing high-hazard businesses with cost-saving alternatives to traditional markets.
Read MoreInsurate, a leading Managing General Agent (MGA) specializing in workers' compensation insurance, is excited to announce the launch of an innovative support program designed for high-hazard businesses committed to employee safety. The new "Fractional Chief Safety Officer" program offers individual company support from the industry's leading Chief Safety Officer, Abby Ferri, combining expert analysis with advanced AI to enhance workplace safety and mitigate future risks.
Read MoreInsurate, a leading Managing General Agent (MGA) in the workers' compensation insurance sector, announced broader industry coverage for high-hazard companies that have traditionally faced significant challenges in securing adequate insurance. By leveraging a unique combination of traditional underwriting practices and cutting-edge predictive data science, Insurate offers cost-saving alternatives to state pools and markets of last resort, recognizing businesses with a commitment to safety and operational excellence.
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Mark's extensive background includes senior roles in commercial claims and risk management, as well as sales and business development experience on a national level, providing him with unique insights into the vital role distribution partnerships play in claims management, and a profound appreciation for ensuring the well-being of the individuals employed by our clients.
Read MoreAs a longtime insurance agent and self-proclaimed “insurance nerd,” McILhon noticed many shortcomings in the nation’s vast workers’ compensation insurance industry.
Read MoreWith an impressive track record in sales, corporate development, and entrepreneurial success, Zach brings a wealth of experience and expertise to the Insurate team.
Read moreGlobal specialty re/insurer SiriusPoint and Insurate Inc, a newly launched Managing General Agent (MGA), have announced a partnership aimed to improve workers’ compensation insurance, Insurate’s specialisation.
Read MorePatrick Charles, global head of property and casualty insurance services at SiriusPoint, said: “We see great potential to better support high quality companies in a misunderstood and underserved portion of the workers’ compensation insurance space through this partnership. Given the significant fragmentation in the medium to high hazard workers’ compensation landscape, we believe that Insurate has the product, team and value proposition to be a market leader in this sector. We look forward to working with them.”
Read MoreSiriusPoint has announced a strategic partnership with insurtech Insurate, under which the Bermudian (re)insurer will provide capacity and collaborate in underwriting and developing insurance products in the medium to high-hazard workers’ compensation space
Read MoreAs Chief Safety Officer, Abby will leverage her extensive experience providing innovative risk and safety management solutions across a wide variety of sectors, from construction to healthcare to agriculture businesses. Her versatility makes her an invaluable asset in all aspects of worker safety and health.
Read MoreOmaha-based Insurate, a data science-based provider of workers’ compensation, announced a $4.5 million seed round led by HSCM Ventures, the venture capital arm of Hudson Structured Capital Management Ltd.
Read MoreInsurtech managing general agent Insurate has raised $4.5 million in a seed round to advance its work on workers’ compensation coverage for high-hazard small and medium-size companies.
Read MoreAvetta®, one of the world’s leaders in providing cloud-based supply chain risk management solutions, and Insurate, a data-driven “InsurTech” platform that identifies safe industrial companies, are joining together to offer businesses deep discounts on Workers’ Compensation Insurance.
Read MoreThe partnership allows companies, contractors and suppliers to get the lowest Worker’s Comp insurance rates possible—an average of 48% lower than their existing rates. The new offering is part of Avetta’s Marketplace program that offers exclusive savings to customers for goods and services.
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