Swiss Re Corporate Solutions announced the launch of a worker’s compensation insurance product for mid-sized businesses in the United States through Elevate, the company’s mid-market business. Elevate Workers’ Compensation is now available in the broker market and will initially focus on the hospitality, manufacturing, professional services, real estate and wholesale / retail sectors.
“With the introduction of workers’ compensation, brokers can source most of the major property and casualty coverage their clients need from one place,” said Walt Sykes, head of mid-size business for North America at Swiss Re Corporate Solutions. “We are delighted to provide this new protection as we continue to add to our line of products and industry enhancements. “
Workers’ Compensation is Elevate’s latest product, combining property and liability, launched earlier this year.
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“By leveraging our team’s expertise, technology and intelligent data, Elevate streamlines the underwriting process for Workers’ Compensation,” said Katarina Scamborova, Standard Proposals Manager for America. Nord at Swiss Re Corporate Solutions. “By reducing the time our broker partners have to spend on quoting and tying coverage, Elevate allows them to spend more time advising their clients. “
Elevate Workers’ Compensation Insurance is available in Alabama, Arizona, Georgia, Illinois, Indiana, Iowa, Kentucky, Maryland, Michigan, Minnesota, Mississippi, Nebraska, New Mexico, North Carolina, Ohio (stop-gap), Pennsylvania , Rhode Island, South Carolina, South Dakota, Tennessee, Utah and Virginia. Coverage will soon expand to other states, according to Swiss Re Corporate Solutions.