Agents 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…
MOREAgents Corner- Placing an Account
September 13, 2021
When you need help placing an account, do you feel like you have 20/20 vision, and the rest of the world is wearing bifocals? At AlaCOMP we share your vison. AlaCOMP’s underwriting unit has the competitive edge and flexibility to help you. Our underwriters review the account and not the class code. While we do not want substandard accounts, we can look at your “diamond in the rough.” AlaCOMP’s underwriters have access to a…
MOREAgent Corner- Underwriter Review
September 01, 2021
When you need help placing an account, do you feel like you have 20/20 vision, and the rest of the world is wearing bifocals? At AlaCOMP we share your vison. AlaCOMP’s underwriting unit has the competitive edge and flexibility to help you. Our underwriters review the account and not the class code. While we do not want substandard accounts, we can look at your “diamond in the rough.” AlaCOMP’s underwriters have access to a…
MOREAlaCOMP Named One of the Best Companies to Work for in Alabama
August 27, 2021
MONTGOMERY, AL – AlaCOMP was recently named as one of the Best Companies to Work for in Alabama. This annual program is in its twelfth year – created by Business Alabama and Best Companies Group. This survey and awards program was designed to identify, recognize, and honor the best employers in Alabama, benefiting the economy, workforce, and businesses. This year’s list is made up of 21 companies. “Our goal at AlaCOMP is to equip each employee with the ability to…
MOREAgents Corner- Cross Border Program
August 18, 2021
Alabama businesses working across state lines can now rely on AlaCOMP as the trusted provider for workers’ compensation for employees in multiple states through our cross-border program. To make it easier, AlaCOMP handles the cross-border underwriting, risk management, and payroll auditing. A benefit to business owners by having the same trusted AlaCOMP team members providing support to the client. Our program allows AlaCOMP to write coverage in all…
MOREAgent Corner - Underwriting
August 06, 2021
AlaCOMP’s Underwriters have a vast underwriting appetite and they underwrite accounts, not class codes. Some of the recent placements made with AlaCOMP are: Home Healthcare Service Janitorial Service Site Prep Multi-Location Restaurant Franchise Pest Control Auto Dealership Concrete Sealing Auto Parts Manufacturing Hotel Our quote turnaround time is generally same day/next day. Please forward your submissions to quotes@alacompins.com. If you would like access to our…
MORELoss Control Rewards Program
August 06, 2021
There are two different rewards programs offered that all members can participate in for a chance to win a specified amount off their 2022 renewal premium. Details regarding each rewards program are below: Safety Library Rewards Program: If a member logs into the safety library and downloads material between Jan. 1 – Sept. 30, the member's name will be entered into the drawing. One entry per day. Loss Control Consultation Rewards Program: If a member has requested a loss control…
MOREAgent Corner - Types of Businesses Covered
July 21, 2021
Are you aware of the many types of businesses that AlaCOMP covers? Many people associate AlaCOMP with manufacturing risks, and that is true, but we are so much more. We are also very competitive in Retail, Restaurants, Doctors’ Offices, Auto Repair, Accountants, etc. We can cover almost any main street business found in Alabama. Our underwriters are aggressive and want to give you the best quote needed for you to be successful. Carol Maske, our VP of Underwriting,…
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