NGM Insurance Co. Introduces Expanded Workers’ Comp. Program in Virginia
Competitive Pricing Levels and Coverage Options Offered via Additional Writing Companies
“The expanded pricing levels in
NGM’s expanded workers’ compensation program considers 10 characteristics that impact writing company placement, including ones the super-regional property/casualty insurance carrier has not used before such as number of owned vehicles, years in business and number of nonpays in prior billing cycles. Once these characteristics are applied to a risk, it will then be placed into one of three writing companies, which vary by state.
In
NGM’s expanded workers’ compensation coverage can be paired with its Main Line Business Owners Program (Main Line BOP) -- a robust small business product that offers a wide range of coverages, including many not available in competitor’s products -- as well as the company’s tiered commercial auto program.
“Quoting and writing the product is easy due to enhancements we have made to our
During the second half of 2015,
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