Synergy Comp Expands its Geographic Footprint to IL, IN, KY, and TN
Synergy Comp Insurance Company, a premier workers’ compensation insurer headquartered in Sharon, PA, has just announced its expansion into the states of Illinois, Indiana, Kentucky, and Tennessee through partnerships with Managing General Agency (MGA) Synergy Select and fronting carrier Benchmark Insurance Company. The announcement was made by Synergy Comp founder and CEO Lew Kachulis, who said, “We’re excited to make Synergy’s model available to employers and agents in these states. We're a mission-based company with the goal of having a positive impact on the communities we serve. Synergy’s value proposition is simple and has been demonstrated with hundreds of employers: We make workplaces safer, which helps companies reduce costs and increase profitability.”
Synergy currently serves employers in the states of Pennsylvania, Delaware, Georgia, Maryland, Michigan, New Jersey, North Carolina, South Carolina, and Virginia. The company partners with local independent agents to provide a unique suite of highly effective services to industries ranging from agriculture, healthcare, and social services to food service, manufacturing, school, and waste management.
“We want to be the go-to-market for agents and brokers who are serious about partnering to achieve stellar results for our mutual clients,” says Kachulis. He notes that in addition to workers’ compensation insurance coverage and risk management services, all insured companies also work with Synergy Comp’s sister company, SOS Safety Solutions.
Synergy Comp Insurance Company holds an A- (Excellent) rating with a positive outlook from AM Best and has been named to the prestigious Inc. 5000 list of the fastest-growing private companies for six consecutive years. Kachulis notes that while being recognized for growth is exciting, the real story is in how Synergy’s service teams achieved such dynamic growth: consistently helping clients achieve safer work environments for their employees, resulting in a 57% reduction in average annual claims costs.
About Synergy Comp Insurance Company
Synergy Comp Insurance Company is a premier solution for workers’ compensation insurance, dedicated to one simple objective: making workplaces safer, which helps companies reduce costs and increase profitability. Since the company’s founding in 2006, we’ve helped thousands of clients create safer workplaces, reduce injuries, improve productivity, increase profits, and realize a significant return on dollars expended. Synergy Comp is licensed in New Jersey, North Carolina, and Pennsylvania and utilizes Synergy Select and Benchmark in Delaware, Georgia, Illinois, Indiana, Kentucky, Maryland, Michigan, South Carolina, Tennessee, and Virginia. Synergy Comp takes client satisfaction very seriously and has a Net Promoter Score of +83 as of 8/31/2021. www.synergyinsurance.com
