Elevate Underwriting ProcessElevate 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:
Insurance Submission A complete submission includes the following items:
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. Timing To ensure a timely quote, we suggest that a complete submission is sent to us at least 45 days prior to inception. |
For questions and further information about the program, please email: Please send all submissions to: submissions@elevate-ins.com Elevate Insurance ServicesTMElevate Employers Insurance ServicesTM 2929 Walnut Street, Suite 1500 Philadelphia, PA 19104 Lic# 0E87149 Agency Lic# 0H45136 |