Agents Corner- New AlaCOMP Contractor Minimum Premium
March 03, 2022
New AlaCOMP Contractor Minimum Premium AlaCOMP has lowered the Minimum Premium for Artisan Contractors to $1,500! We are a market for most Artisan Contractors. However, General Contractors, Roofers, Framers, and Gutter Installation are ineligible classes. Please note that membership dues are not included in the $1,500 minimum premium calculation. If you have any questions on AlaCOMP's new minimum premium or eligible class codes, please don't…
MOREAgents Corner- Audit Season Is Here
March 03, 2022
Audit Season Is Here AlaCOMP premium audits were mailed on January 28th. AlaCOMP does not have a separate Audit Department. Premium audits are viewed as an extension of the risk management process. Our underwriters process or sign off on every audit. Premium audits, conducted by those who know the insured best, are another AlaCOMP difference. All policies are auditable, even Ghost Policies. If you have any questions or need additional information please click here or contact…
MOREAgents Corner- Data-Driven Safety Approach
March 03, 2022
Data-Driven Safety Approach AlaCOMP’s Loss Control Specialists are proactive in creating safer workplaces for your insureds by incorporating demographics and statistical analysis. Our Loss Control Specialists utilize a data-driven approach when working with our insureds. They do this by working collaboratively with our in-house Data Analyst. AlaCOMP has four Loss Control Specialists and a full-time Data Analyst working to improve our insureds safety programs. Sophisticated data…
MOREElectronic Billing System Frequently Asked Questions
February 16, 2022
FAQs General: What are some of the benefits of receiving my invoice electronically? It is convenient, saves time, and allows you to receive invoices anywhere at any time. What are some of the benefits of paying an invoice online? Paying online with a credit/debit card or electronic check gives you the flexibility to pay how and when you want. It eliminates the time and expense of writing and mailing a check. Most of all, it allows you to enter your payment information securely.…
MOREAgents Corner- AlaCOMP’s Underwriters
January 19, 2022
Here at AlaCOMP, we underwrite accounts, not class codes. Our underwriters are not limited to the typical list of plain vanilla class codes that so many of our competitors are restricted to. AlaCOMP’s underwriters are experienced, intelligent, and aggressive. While not looking for substandard placements, our underwriters are empowered to look at your “diamond in the rough.” If you have any questions or need assistance on an account, please contact our…
MOREAgents 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…
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