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MVP Insurance Marketing, Inc.
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Distressed Risk Workers Compensation Insurance
Monarch Partners Group LLC and affiliates (MPG) have been providing standalone and master policy workers compensation solutions to agents and brokers nationwide for over 10 years.
MPG specializes in providing programs for distressed risks such as those in assigned risk pools, other unsuitable programs, and risks cancelled or non-renewed. Risks in these situations who also have higher cost class codes, debit Xmods., and premiums of $50k or more, benefit most from MPG programs. Staffing is MPG’s #1 market.
MPG brings to you:
• “A” rated carriers
• Buying power
• All states coverage
• Broad class code acceptance
• Quick quote turnaround (1-5 business days)
• In-house underwriting in most cases
• Tailored risk management programs
• HR, payroll processing, and payroll funding
Compelling Program Features:
A. We can offer substantial cost savings to distressed risks through our master policy programs
B. Staffing risks can process their own payroll and issue employee checks on their own bank account in master policy programs
C. We offer pay-as-go & flex-pay structures
D. NO Xmod limits
E. NO loss ratio limits
F. Coverage lapses & midterms ok
G. New ventures acceptable
H. Guaranteed cost and deductibles available
Standard Submission Information:
1. ACORD 130
2. 5 years currently valued carrier loss runs (preferably summarized)
3. Current policy declaration/rating pages (if with a PEO now, current rates/code)
4. Xmod sheet
5. Any other info that will help us understand the risk
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| States Available | AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, WY |
| Provider Type | Program Administrator |
| Admitted | Most Available Markets |
| Carriers | Varies |
| Carrier Ratings | A |
| Commission | Varies |
| Min Premium | |
Coverages
Dairy Products Stores Insurance
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