PacificComp Launches as Agency Company to Meet Long-term Needs of the California Workers’ Compensation Market

AGOURA HILLS, Calif.--(BUSINESS WIRE)-- Pacific Compensation Insurance Company (PacificComp) is the new name of Employers Direct Insurance Company. This new identity marks the insurer’s transformation into an agency company. The company will now partner exclusively with independent agents and brokers to provide workers’ compensation coverage for California businesses. PacificComp is led by the same management team with decades of experience in the California workers’ compensation market.

“The best long-term strategy in the California market is to serve as an agency company,” said James E. Little, President and CEO of PacificComp. “Agents are viewed by businesses as trusted advisors, across all lines of insurance and provide many valuable services to their clients. We look forward to building partnerships with independent agents and brokers to provide our proven track record of unmatched service and strong financial security.”

In today’s difficult economy and volatile workers’ compensation market, many independent agents and brokers are striving to grow and operate more efficiently and profitably. To assist its agent and broker partners in this endeavor, PacificComp has gone through an extensive internal transformation, in which it has retooled its organization.

“We’re excited about our brand new, multi-million dollar agency portal system, which will enable independent agents and brokers to efficiently close, retain, and renew more business, and facilitate a greater ease of doing business with us,” said Little. “Overall, we offer the products, services, and expertise to help agents grow their California workers’ compensation book of business efficiently and profitably.”

If independent agents and brokers want to help their clients achieve the most value for their workers’ compensation premium dollars, PacificComp offers competitive coverage along with in-house claims management and loss control teams, which are fully staffed and highly experienced. The company has a history of providing high caliber services that are proven to reduce costs and improve outcomes over time.

“We’ve worked hard to understand what’s happening in the California workers’ compensation market. It’s our ability to identify and address trends as they emerge—not after they’ve happened—that makes us uniquely suited to meet the needs of California’s agents and brokers and the businesses they serve both today and in the future,” said Little.

About Pacific Compensation Insurance Company

Pacific Compensation Insurance Company (PacificComp), formerly Employers Direct Insurance Company, is a specialty writer of workers’ compensation insurance. Based in Agoura Hills, we provide workers’ compensation insurance coverage exclusively through independent insurance agents and brokers for California companies. Founded in 2002, the company leverages the latest technology to provide agent and broker partners with 24/7 access and unprecedented convenience to efficiently close, retain, and renew more business. PacificComp is a wholly owned subsidiary of Alleghany Corporation (NYSE:Y). For more information, visit us online at www.pacificcomp.com.

If you are an independent agent and would like more information about our company, please e-mail [email protected] or call (866) 421-8500.

Pacific Compensation Insurance Company
Stephanie Flores, 818-575-8545
[email protected]

Source: Pacific Compensation Insurance Company