Avetta Suppliers Can Receive an Average 48% Discount on Workers’ Comp through New Partnership with Insurate
The partnership allows companies, contractors and suppliers to get the lowest Worker’s Comp insurance rates possible—an average of 48% lower than their existing rates. The new offering is part of Avetta’s Marketplace program that offers exclusive savings to customers for goods and services.
While workers’ compensation insurance is federally mandated and policies are standardized, prices can be highly variable based on the underwriter’s perceived risk of claims. Avetta’s compliance process targets major improvements in company safety, allowing Insurate’s data-science processes to match safe businesses—Safe-Tier™ companies—with leading workers’ comp insurers at pre-negotiated rates.
“The best part of our Safe-Tier™ work comp insurance is that it’s the exact same coverage as any other work comp policy,” said
Avetta’s Marketplace also allows suppliers to purchase discounted safety products and other safety-related services. Marketplace enhances the value of membership by reducing costs, saving time, improving performance and growing the businesses of contractors and suppliers who participate.
“This alliance between
For more information about Avetta’s Insurate partnership, visit the
About
About Insurate:
Insurate is a leading insurance technology provider that leverages data science and analytics to identify businesses that are significantly safer than the industry average. And since safe businesses with fewer potential claims are less expensive to insure, Insurate matches Safe-Tier™ businesses with deeply discounted rates from Liberty Mutual, Markel and other leading work comp underwriters. The result is a win-win where Insurate Safe-Tier™ companies save an average of 48% off work comp, and Insurate underwriter partners insure best in class businesses that make safety a top priority. To see if your business qualifies, visit www.insurate.com.
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