Agents Corner- Audit Season 2022
January 18, 2022
Welcome 2022, may it be better than 2021! The arrival of 2022 means our underwriters are gearing up for audit season. Yes, you read that correctly, our underwriters. At AlaCOMP, we do not have a separate Audit Department. Our underwriters sign off on every audit. They view premium audits as an extension of the risk management process. Audits are not viewed through the lens of an accountant at AlaCOMP. If it is discovered that a class code change needs to be made, notification is sent to…
MOREAgents Corner- Happy Holidays
December 22, 2021
Navigating 2021 has not been easy for anyone. Producing and renewing insurance accounts is a challenge any year, let alone in the second year of a pandemic. That is why we value each of you and your hard work. Our relationships with our business partners and friends are priceless. We are looking forward to a brighter 2022 and enjoying the privilege of being able to continue to work with each of you Happy Holidays from AlaCOMP.
MOREAgents Corner- Out of State Exposure
December 13, 2021
Having trouble placing an account with Out of State Exposure? AlaCOMP can help. Our cross-border/out of state program, written with our partner carrier, Midwest Employers Casualty, provides a seamless out of state solution for you and your client. These policies are written alongside an active AlaCOMP policy, and we can issue a short-term policy to coincide with the AlaCOMP expiration date. Please send your submissions to quotes@alacompins.com. If you have questions or…
MOREAgents Corner- Let AlaCOMP Help You
December 08, 2021
Last minute 1/1 work comp placement? Let AlaCOMP help you. AlaCOMP’s underwriters focus on the overall risk and not just the class code. Our underwriters are intelligent, hardworking, and motivated which makes them one of our organization’s many strengths. AlaCOMP will help you write new business and create revenue.
MOREAgents Corner- Audit Season
November 24, 2021
Thanksgiving is here, Christmas is around the corner, and then comes audit season. AlaCOMP approaches audits differently than our competitors. Our underwriters process and sign off on every audit completed. Having initially processed the binder, our underwriters have a more complete understanding of your insured and do not view the process through the lens of an accountant. If a class code needs to change, our underwriters notify the agency first, not the insured. That way the agent has input…
MOREAgents Corner- AlaCOMP Cross Border Program
November 17, 2021
Please welcome Naomi Headrick to AlaCOMP. Naomi joins our team as an Account Executive. She is responsible for the administration of the cross-border program. Our cross-border program, written with our partner carrier, Midwest Employers Casualty, is a cost-effective program that provides a seamless out of state solution for you and your client. Key points about our cross-border program: Midwest Employers Casualty has an AM Best rating of A+ (Superior) All states capability…
MOREAgents Corner- New Business Opportunities
November 17, 2021
Are you missing out on new business opportunities by not using AlaCOMP? Here are some of our recent successes in the last few weeks: Ghost Policies - $750 Hamburger Stand - $1,000 Drywall Contractor - $6,200 Concrete Contractor - $80,000 Automotive Parts Manufacturer - $13,000 AlaCOMP is competitive in the majority of business segments. We are committed to same-day/next-day responses on all issues. Send your 1/1 opportunities to quotes@alacompins.com.…
MOREAgents Corner- Ghost Policies
November 17, 2021
Boo… AlaCOMP has Ghosts… Ghost policies, that is! AlaCOMP can write ghost policies on any account that falls within our current appetite. Premium is fully earned Employer must not use any employees, day laborers, or subcontractors Owner is excluded Annual premium is $750 plus $185 membership dues for a total of $935. Premium is pro-rated for mid-term binds. Next time you need help with a Ghost policy, think of AlaCOMP. AlaCOMP can help you create revenue. If…
MOREAgents Corner- Creating Revenue
November 17, 2021
Let AlaCOMP help you place your next work comp policy. AlaCOMP’s underwriters focus on the overall risk and not just the class code. Our underwriters are intelligent, hardworking, and motivated which makes them one of our organization’s many strengths. Our underwriting response time is consistently same day/next day. AlaCOMP will help you create revenue. If you have any questions please contact Carol Maske or Karl Peterson. …
MOREAgents Corner- Flexible Payment Plans
September 30, 2021
With four payment options AlaCOMP is one of the most flexible work comp markets you can work with. AlaCOMP's four payment plan options: Annual - pay in-full Quarterly - pay quarterly payments Monthly Installment - we collect a 10% down payment, then pay monthly payments Monthly Reporting - we collect a 10% deposit which is carried over and applied to the premium at renewal, then pay monthly payments. Other markets collect 25% down versus AlaCOMP's 10% down What is easier for you…
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