Victor O. Schinnerer & Company, a leading underwriting manager, today announced a new stand-alone workers' compensation program. Schinnerer will serve as a program access point for retail agents and brokers.
The stand-alone coverage, offered through an A rated insurance carrier, is available for small to mid-sized risks with moderate severity classification. Competitive classes include construction, transportation, healthcare, retail, manufacturing, restaurants, food manufacturing and others. Schinnerer can provide fast indications based on a few qualifying questions and will perform all of the application data entry for brokers. Workers' compensation is available in most states, with certain restrictions.
"Workers' compensation is becoming more challenging for employers to procure in certain states. Our competitive, stand-alone program helps to fill this market need," said Corrine Nunley, Vice President of Schinnerer's property & casualty underwriting segments. "Continuing to support our broker network with access to superior programs and products is a top priority."
Minimum premium for the workers' compensation program is $5,000, with a maximum premium of $150,000.
Schinnerer continues to write architects, engineers, surveyors and construction consultants in its existing workers' compensation program for design professionals.
Schinnerer distributes its insurance programs through independent agents and brokers. Broker appointments are not required unless mandatory by state law.
Victor O. Schinnerer & Company, Inc. is one of the largest and most experienced underwriting managers of professional liability and specialty insurance programs in the world. Schinnerer now serves more than 46,000 insureds in various specialty industries through independent insurance agents and brokers. Learn more at www.schinnerer.com.