Elevate Insurance
Service. Safety. Strength.
Elevate Insurance Services™ Provides Guaranteed Cost Workers Compensation Coverage Solutions
We work with contractors who balance production with safety, and currently pay $150,000 or more in annual premium.
Elevate Insurance Services has partnered with an A++ rated insurance company to bring contractors a competitive program with great service, and a highly rated insurance carrier.
Elevate Insurance Services is now accepting submissions from appointed agents. To inquire about becoming appointed, contact J.J. Purdy.
Highlights of Elevate Insurance Services:
- Guaranteed Cost program
- Workers’ Compensation coverage for roofing, framing, scaffolding and asbestos removal contractors with premiums of $150,000 or more
- Available in most states
- Financial strength and security of an A++ XIII A.M. Best rated carrier
- Proactive claims management and loss control services
For a list of our submission requirements and what to expect from our underwriting process, click here.
Elevate Underwriting Process
Elevate manages a guaranteed cost workers compensation program for roofing, framing, scaffolding creation, and asbestos abatment contractors written by Berkshire Hathaway Homestate Companies (A.M. Best A++ XIII). These industries present a difficult workers compensation risk, and therefore require thorough underwriting.
To ensure that all parties’ expectations are met, we have outlined our underwriting process. The underwriting process typically consists of 3 distinct parts:
A Complete Submission
A Risk Assessment Call
A Jobsite Inspection
Insurance Submission
A complete submission includes the following items:
- Five years of loss runs, valued within 90 days of the inception date.
- Acord application, signed by the producer.
- Supplemental application, signed by the insured.
- Five years of historical payroll by class code
- Experience modification worksheet for upcoming year (if available) and for expiring year. If the current ex mod is unavailable, we will require an estimated ex mod from the broker.
- Recent financial statements. (if needed)
Timing
To ensure a timely quote, we suggest that a complete submission is sent to us at least 45 days prior to inception.
Risk Assessment Phone Call and Jobsite Inspections
After reviewing the submission, we may conduct a Risk Assessment Phone Call and / or a Jobsite Inspection with each insured prior to providing a pricing indication or quote. The call, conducted by a either an Elevate Insurance Services or BHHC loss control representative, takes approximately 30 to 45 minutes. Our loss control representative and an insured representative are the only participants on the call. Multiple people from the insured can participate in the call. The call will cover the details of the insured’s operations, management practices and safety initiatives. The results of the call or jobsite visit are very important to our underwriting process and pricing.
Contact Us
For questions and further information about the program, please email:
info@elevate-ins.com
Please send all submissions to:submissions@elevate-ins.com
Elevate Insurance Services™
Elevate Employers Insurance Services™
2929 Walnut Street, Suite 1500
Philadelphia, PA 19104
Lic# 0E87149
Agency Lic# 0H45136