Posted on 05 Sep 2012 by Neilson
StateFund First has been selected as an approved Access Partner for the California State Compensation Insurance Fund (State Fund). As an Access Partner, StateFund First will serve as one of only two exclusive program administrators for independent agents to access State Fund.
These Access Partners will serve as the gateway to the State Fund for agents who no longer have a contract with State Fund.
In order to convert the business as effortlessly as possible, State Fund has set a deadline of October 1, 2012, for agents with current books of business who will no longer have direct appointments, to select an Access Partner. As of January 1, 2013, these agents will no longer have direct access to the State Fund.
As an approved Access Partner, StateFund First is dedicated to providing prompt and efficient access to the State Fund. StateFund First offers an online submission process that has simplified submitting business to just a few keystrokes. StateFund First has the capability to receive insurance agents’ submissions directly from their agency management systems without the need to re-key data. This fast, easy method to submit business accelerates the entire quote process.
StateFund First is administered by Arthur J. Gallagher & Co., the nation’s largest administrator of insurance programs and the nation’s fourth largest insurance broker. “We are thrilled to be a part of the State Fund’s bold new marketing plan. Through our technology, we have developed state of the art automation, which makes the process of quoting and issuing, simple and efficient. With a serious commitment to the retail agent’s needs, and with their help, we will be able to provide a more streamlined and cost effective policy delivery system to the employers of California,” says Dan McNamara, Area Chairman for Arthur J. Gallagher & Co.
October 1, 2012 is the deadline to select an Access Partner.
StateFund First is an exclusive, approved aggregator/wholesaler whose sole business is placing California workers’ compensation business with the State Fund. StateFund First is a wholly owned subsidiary of Arthur J. Gallagher & Co., one of the world’s largest insurance brokerage and risk management services firms, providing a full range of retail and wholesale property/casualty (P/C) brokerage and alternative risk transfer services globally, as well as employee benefit brokerage, consulting and actuarial services. CA License #0726293. For more information, please visit statefundfirst.com or call 855-784-4433.