AmTrust Receives IBA Five-Star Excellence Award for Workers’ Compensation

Topics: Workers' Compensation

Summary: AmTrust is a leader in small business workers’ compensation solutions. We are pleased to be designated a Five-Star Excellence Award in Workers’ Compensation by Insurance Business America (IBA). Learn more about what this award means to us.

AmTrust Awarded IBA Five Star Award for Workers' Compensataion

 

AmTrust Financial is proud to be chosen to be a Five-Star Excellence Award for Workers’ Compensation by Insurance Business America (IBA). In an IBA reader and broker survey, AmTrust was rated excellent for the following categories:
  • Claims Processing
  • Competitive Premiums
  • Loss Sensitive Programs
  • Hospitality
  • Manufacturing
  • Construction
  • Tech Companies

In IBA’s 2020 Carrier Survey, AmTrust was designated as a Five-Star Carrier earning excellent ratings for:
  • Commitment to the Broker Channel
  • Underwriting Expertise
  • Claims Processing
  • Range of Products
  • Technology & Automation
  • Product Training and Marketing Support
  • Competitive Rates
  • Quick Quotes

AmTrust’s agent partners and insureds agree with IBA’s award designation. Here’s what a couple of satisfied customers have to say:

"[AmTrust] gives us the tools that we need in order to protect not only our family business clients but all of our clients." – Ken Gazitua, JAG Insurance Group

"It's really good to know that we are backed up by AmTrust. If something did go wrong, I have all the confidence that we could get everything sorted out and that there would be people who would be supportive and responsive." – Cassie Cozzolino, owner of Canine Therapy Corps

About Workers’ Compensation at AmTrust

With a variety of tools and workplace safety training resources, AmTrust works with our appointed agents to provide Workers’ Compensation insurance for small businesses quickly and easily. We recognize the importance of flexibility in today’s business environment and therefore work closely with our agents and the small to mid-sized companies they serve to design the specific packages they need to comply and succeed.

Workers’ compensation insurance protects your small business and your workforce by providing benefits to most types of employees who are injured on the job. These benefits can address medical care and related medical costs, retraining and lost wages until the employee can return to work or compensation for permanent disability.

The primary purpose of workers' compensation is to address legitimate workplace accidents and carelessness. This includes incidents that occur off the employer's premises but in the service of the job, such as injuries sustained while traveling for work. It can cover both short- and long-term issues, like falling off a ladder or acquired carpal tunnel syndrome.

A major workers’ comp claim can have a devastating financial effect on your business operations. Having access to effective loss control resources can help avoid accidents, and with sound claims management, your injured employees can return to work sooner - thereby improving productivity and saving your business money. Companies are creating workplace safety programs as a way to invest in their company’s safety while at the same time improving employee welfare and productivity. Devoting resources to these safety programs can reduce the number of accidents in a workplace and lower your workers’ compensation costs.

What are the IBA Five-Star Excellence Awards?

Insurance Business (IBA) is a business magazine featuring industry reports recognizing the achievements of key individuals and businesses. The magazine also provides the latest in insurance best practices.

IBA’s Five-Star Excellence Awards originated from researching the top searches on the IBA website, finding that readers searched for information on the top insurance providers for different product lines.

For the 2020/2021 Five-Star Excellence Awards, IBA spoke with brokers to find out their carriers of choice for different product specialties to put together a “Best Insurance” list.

For the Workers’ Compensation award, IBA’s team had one-on-one interviews with the industry's most elite brokers to determine which carriers were mentioned the most. They compiled a list of these carriers for IBA’s readers and broker network to rate the carriers on the strength of their relationships with brokers, ability to handle claims, underwriting expertise and, most notably, the strength of the products they provide.



AmTrust for Small Business Workers’ Compensation Coverage

AmTrust is a leader in workers’ compensation insurance for small to mid-sized businesses and is pleased to receive recognition from our peers for the Five-Star Excellence Award for Workers’ Comp. Contact us to find out how we can design specific insurance packages to fit your needs.


This material is for informational purposes only and is not legal or business advice. Neither AmTrust Financial Services, Inc. nor any of its subsidiaries or affiliates represents or warrants that the information contained herein is appropriate or suitable for any specific business or legal purpose. Readers seeking resolution of specific questions should consult their business and/or legal advisors. Coverages may vary by location. Contact your local RSM for more information.
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