New Workers Comp Market Option Debuted by PIANY

The Professional Insurance Agents of New York State Inc., announce a new workers’ compensation market option available to members throughout the state.

Source: Source: PIANY | Published on August 22, 2008

“Our association is committed to helping members meet the needs of their clients quickly and effectively,” said Ken Bessette, chief executive officer of PIA Management Services Inc. “By providing a first-rate alternative for workers’ compensation coverage, PIANY is giving agents an additional resource in a highly competitive marketplace.”

The new option is available through PIANY’s exclusive NumberONE Comp Program, which provides members with alternate market options for their clients’ mono-line workers’ compensation needs.
The program offers several features, some of which are unavailable through other markets, including: no minimum premium; minimum payroll for all classes of only $12,500; competitive commissions; selected artisan classes (otherwise excluded in the five boroughs); and the unique, self-reporting “pay-as-you-go” payment option.

PIA NY says this new market is an exciting and valuable benefit that will further help independent agents meet their clients’ needs.