U.S. Risk’s StaffPak program has partnered with program-driven Markel Specialty to offer property and casualty coverage to the staffing and PEO industries. Markel will provide capacity, oversight, claims handling and loss control, while StaffPak will provide underwriting, policy services, marketing, and distribution. The program launched September 1, 2018, in a majority of states, with additional states being added as filings are approved.
Steve Leeret, Managing Director of Programs, Markel Specialty, commented, “We are excited to partner with U.S. Risk’s StaffPak team, who brings with it tremendous industry and program management experience. This partnership fits in well with our strategy to hire seasoned, well-managed Program Administrators dedicated to specific niche business classes.”
Matt Parker, President, Markel Specialty, said, “Adding the StaffPak program creates a fantastic growth trajectory for Markel with this distribution partner while building on our Specialty Segmentation strategy. Partnering with U.S. Risk to write the StaffPak program is an example of how the Markel team can effectively bring together the resources to execute on a deal with tremendous pace and resolve.”
Peter Stanislaw, Program Manager for StaffPak, said, “We are very pleased to have Markel as our new long-term partner. Their financial strength, coupled with their commitment to the program business space, will allow us to better serve the needs of our customers.”
Wayne Carter, President of U.S. Risk Underwriters, added, “The Markel partnership will greatly enhance our StaffPak client experience, giving us the ability to further expand our capabilities with a broader appetite and competitive pricing.”