Agents 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…
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…
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…
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