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February 26, 2010

New select market for hard to place workers' compensation accounts

Are you having difficulties finding a market for workers' compensation insurance for hard to place accounts with premiums starting at $5,000 and no maximum limit? UPA and its carrier partner QBE might be the answer for your small and middle market accounts.

Underwriting guidelines
  • Hard to place risks with high experience mod showing signs of recuperation
  • Guaranteed cost only
  • Premium financing available
Small business (eQBE)
  • Accounts with a minimum premium of $5,000
  • Available states: AL, AR, CO, CT, DC, HI, ID, IL, IN, IA, KS, LA, MD, ME, MO, MS, NE, NV, NH, NM, NC, OK, RI, SC, TN, TX, UT, VT, VA
Middle market (QBE)
  • Accounts with a minimum premium of $75,000
  • All of the above mentioned states, plus: DE, MA, MI, NJ, PA
  • Incidental states: AK, AZ, CA, FL, GA, KY, MN, MT, NY, OR, SD, WV, WI 
Targeted industries
  • Security guards
  • Construction - all types
  • Healthcare accounts:
    • Nursing homes
    • Senior housing
    • Assisted living facilities
  • Transportation 

About UPA
Unisource Program Administrators is a managing general agent specializing in workers’ compensation insurance with more than a decade of experience and expertise in underwriting. UPA represents seven A-rated carriers and partners with six payroll companies. Headquartered in Oklahoma City and with a processing office in Sarasota, Fla., UPA leverages innovative technology to be the leading source of workers’ compensation insurance nationwide for carriers, agents and employers.
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Please visit our CompleteMarkets storefront: Hard to place risks (eQBE and QBE)
 
 
 
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