Partnering with the Right Workers Comp MGA

Agencies depend on companies possessing the tools and commitment necessary to satisfy the nursing home workers compensation market. The best workers comp MGA (Managing General Agency) has the resources to provide quality choices for this very important coverage. After all, nursing homes can find themselves steep with staff and workers suffering from back and neck injuries as a result of performing their regular duties.

These organizations need an insurer that will be there when things aren’t going well. The job of the MGA is to offer companies committed to serving the market with speed to action when it comes to processing claims, and representatives willing to give the quickest response whenever issues arise.

Finding a MGA that delivers is paramount to success

A good Managing General Agency consists of insurance underwriters that deliver insurance products that work effectively through the implementation of an accomplished team of experienced professionals. After all, what any administrator wants is a company who is ready to provide quality workers compensation markets to their agency partners in a broad array of industries, regardless of size, risk or any prior experiences.

With products that have been proven time and again, and the knowledge and ability to assist agency partners and their clients in obtaining quality coverage at affordable prices nationwide, is what separates a great MGA from the rest of the pack. Qualities and services one should look for when partnering with a MGA include:

  • In-House underwriting control
  • Marketplace leverage
  • Multiple A-rated carriers
  • Quick quote turnaround
  • Multi-state quotes
  • Flexible payment terms
  • Strong risk management
  • Large deductible programs
  • Self insurance programs, and
  • Captive programs

Armed with talented and skilled individuals that insist on only the highest standards, your workers comp MGA should strive to provide you with the type of service you’ve come to expect and, by learning from their prior experiences, they should constantly be acquiring new commercial insurance markets to choose from, as well as creating new programs that will help them to meet the constantly changing business insurance landscape.

Their priority should be delivering the right company for your current needs straight to your agency’s door, with the goal of providing outstanding underwriting and bottom line results.