Paragon Insurance Holdings Launches Workers’ Compensation Program with Zurich

Business Wire

New offering expands Paragon’s workers’ compensation capabilities across a broad range of industries

AVON, Conn.--(BUSINESS WIRE)-- Paragon Insurance Holdings, an international managing general agency, announces the launch of a new workers’ compensation program with Zurich American Insurance Company, a member company of Zurich Insurance Group, expanding Paragon’s capabilities across a broad range of industries, classes and states.

The program combines flexible underwriting with dedicated claims support, multiple payment options and risk control resources designed to help businesses better manage workplace exposures.

“This relationship represents an important expansion of our workers’ comp platform and gives us the ability to serve an even broader range of businesses across the country,” said Erik Kriens, executive vice president of Paragon Insurance Holdings. “Zurich brings tremendous experience, capabilities and resources to the table, and together we’ve built an offering that gives our broker partners another strong option for clients with complex needs.”

The program targets businesses across a diverse range of industries, including artisan contractors, manufacturing, retail and wholesale operations, automotive services, building and property management and architecture and engineering firms.

“For 60 years, Zurich has built its Programs business around understanding the unique risks of specialized industries and working with program administrators to bring tailored solutions to market,” said Jamie Buol, Assistant vice president and program manager at Zurich U.S. “Expanding our workers’ compensation capabilities is an important part of that strategy, and this new program builds on that experience and strengthens the range of solutions we can bring to program administrators and the businesses they serve.”

Available across most of the United States, the program can accommodate multistate insureds on a single policy for eligible states. Minimum premium is $25,000, with new ventures considered subject to additional underwriting criteria.

In addition to dedicated underwriting and claims teams, insureds have access to customizable risk control services based on their individual needs. Resources include more than 150 on-demand safety training courses in English and Spanish, GotSafety basic access and a library of more than 1,200 safety bulletins and lessons.

“Our goal is to make it easier for brokers to find the right solution for their clients,” Kriens added. “That means combining underwriting expertise with strong claims capabilities and practical risk control resources that can make a difference beyond the policy itself.”

Submissions should include an ACORD 130, relevant supplemental application, current experience modification worksheet and three to five years of currently valued loss runs.

For more information or to submit an opportunity, contact Juan Mora, AVP Marketing, at jmora@paragoninsgroup.com or 714-393-2514.

About Paragon Insurance Holdings

Paragon Insurance Holdings, along with its subsidiaries Reel Media LLC and New Energy Risk, is a managing general agency formed in 2014. The Paragon group of companies provides specialty insurance solutions across domestic and international markets, offering a diverse portfolio of programs and writing all commercial lines of business. For more information, visit Paragon Insurance Holdings.

About Zurich U.S.

Zurich U.S., part of Zurich Insurance Group, provides insurance and risk management services to businesses across a range of industries. Zurich has operated in the U.S. since 1912 and today employs nearly 9,000 people nationwide. Customers include more than 90% of the Fortune 500.