SIU brings comparative rating tools designed to streamline the workers compensation submission and rating process for agents to receive quotes on small to mid-size businesses. SIU agents enter the information once and get accurate real-time quotes from multiple carriers. There is no need to know NCCI codes as we make it easy by selecting an industry. The smart form will give agents options to classify the business and then verify through dynamic underwriting questions.
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SIU4U An agent no longer needs to email an application to SIU as our workers compensation team can retrieve the Acord forms online to submit to offline markets. The Acord forms will be saved in the agency portal so that you can retrieve them for signature when binding the quote. It is that easy for you to get a workers compensation quote back in just a few minutes. (At this time, a separate Username and Password from SIURate is required)
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SIU for Ghost Policies The term ghost policy refers to the fact that the workers’ compensation policy provides “no real coverage.” It is a minimum earned policy excluding the owner from coverage on the Acord 130 Form, and there are no active or anticipated employees for the policy period.
(At this time, a separate Username and Password from SIURate is required)
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To preview how easy and quick our Workers’ Compensation rater is, check out this quick video.
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From Insurance Business America