Method Insurance Service (Method) and Service American Indemnity Company partner to focus on high-hazard, high-mod, mid-market work comp accounts in the mid-west and west region of the U.S.
Service American Indemnity Company A.M. Best has assigned a Financial Strength Rating (FSR) of A- (Excellent) VIII and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” to Service American Indemnity Company, headquartered in Austin, Texas. The outlook assigned to the ratings is stable. Service American has plans to be licensed in filed to write workers compensation insurance in all non-monopolistic states by end of 2019
Method is a program administrator and wholesaler that is headquartered in Omaha, NE with an exclusive – extensive – responsive approach to our valued stakeholders.
Exclusive: unique program with Service American that focuses on challenging work comp risks for limited a distribution partner network.
Extensive: broad appetite for high-hazard, high-mod, mid-market risks with the ability to offer comp coverage in all non-monopolistic states for our distribution partners in the mid-west and west region of the U.S.
Responsive: strive to provide exceptional service through proactive claims management process with Broadspire and safety focus utilizing eRisk safety and loss control to respond timely and effectively to help reduce total costs of work comp for our insureds.
To provide exclusive specialty workers’ compensation products via chosen distribution partners to employers that seek insurance and risk management solutions that will improve the workplace safety environment, enhance productivity, and ultimately reduce the total cost of risk for the insured.
As noted, the program will entertain business across a national footprint, while initially targeting distribution partners in West (AZ, CA, CO, NM, NV & UT) and Mid-west (AR, IA, IL, KS, LA, MN, MO, NE, OK, SD & WI) states.