Workers’ Compensation continues to be GUARD’s anchor line and a key component of our small business product suite. That’s why we continue to make exciting enhancements that are helping our agents and brokers win more business!

Phase I

Phase I of our Workers’ Comp Recipe for Success kicked off earlier this year with key rate changes in almost all states complemented by an enhanced carrier placement strategy. Getting the right risks to the right carrier — AmGUARD, EastGUARD, NorGUARD, or WestGUARD* — at the beginning of the submission process allows us to provide our agents and brokers with more competitive upfront quotes and write a wider variety of business.

*Variable by state.

Becky Barnette - Vice President of Workers’ Compensation
“This move is resonating throughout the marketplace with our new business premium growth over 100% year to date. It’s also setting us up perfectly for Phase II, which began this past August!”

Phase II

Phase II is well underway with appetite and system changes that we hope have our agents checking their eyes . . .

We've added over 150 new eligible class codes (variable by state) including those from riskier classes not traditionally considered by GUARD.

Streamlined Submission Journey

The Workers’ Comp journey has been streamlined with a significant number of unnecessary questions eliminated as well as some class-specific ones added. Fewer questions. Fewer referrals. Better upfront price.

The result? Speedier quote to bind, saving our agents and brokers time in their day!

Third-party integrations such as the automatic application of experience mods and comparative rating platforms are further expediting the journey.

Digital Decisioning

We expect over half of submissions to be digitally decisioned (straight-through quote/bind with no underwriting referral) on premiums up to $50,000. Our goal is to get to ~80% digitally decisioned by year-end.

80%
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