AlaCOMP’s Loss Control Specialists AlaCOMP’s Loss Control Specialists partner with your insured by providing recommendations that promote a safer workplace. They do this by working collaboratively with our in-house Data Analyst. This allows our Loss Control Specialists to utilize a…
AlaCOMP Minimum Premium Guidelines AlaCOMP’s minimum premium for most industries quoted is $1,000. Our exceptions are: Artisan Contractors (excluding lawn care and janitorial services) minimum premium is $1,500 Churches and Daycares minimum premium is $5,000 Local Trucking minimum premium is…
AlaCOMP wants Artisan Contractors AlaCOMP’s Minimum Premium for Artisan Contractors is $1,500! We are a market for most Artisan Contractors. However, General Contractors, Roofers, Framers, and Gutter Installation are ineligible classes. If you have any questions on AlaCOMP’s eligible class codes or minimum premium…
Waivers of Subrogation AlaCOMP can provide Waivers of Subrogation, both Specific and Blanket. Annual Waiver fees are: $250 for Blanket Waiver $25 for Specific Waiver AlaCOMP can also provide a 30-day Notice of Cancellation Endorsement. The endorsement provides 30-day notice…
Need Out of State Coverage ? AlaCOMP Has You Covered. AlaCOMP’s cross-border program written through Midwest Employers Casualty provides a seamless solution for you and your client. Out-of-state policies can be written in conjunction with an active AlaCOMP policy, and…
AlaCOMP Writes Ghost Policies AlaCOMP writes Ghost Policies. Ghost Policies must fit the following criteria: Employer must not use any employees, day laborers, or subcontractors Owner is excluded Our team will quote and bind a Ghost Policy on any account that…
Audit Season Closing Soon Our Underwriting Team has been hard at work processing AlaCOMP’s 2021 Final Audits. We want to remind you audit season will be closing soon. If you or one of your clients has a question or needs help…
AlaCOMP has launched our new easy-to-use online payment system. Although the new electronic billing system is optional, we are encouraging all our insureds to opt-in and take advantage of these easy-to-use features: Conveniently pay invoice(s) online through our portal Make…
We are going live! We are very excited to announce that our new electronic invoice system is now active! Do you make payments for your insured? This feature is now available to our agents to make those payments. It’s easy to Pay! Please…
New AlaCOMP Contractor Minimum Premium AlaCOMP has lowered the Minimum Premium for Artisan Contractors to $1,500! We are a market for most Artisan Contractors. However, General Contractors, Roofers, Framers, and Gutter Installation are ineligible classes. Please note that membership dues are not included in…
Audit Season Is Here AlaCOMP premium audits were mailed on January 28th. AlaCOMP does not have a separate Audit Department. Premium audits are viewed as an extension of the risk management process. Our underwriters process or sign off on every…
Data-Driven Safety Approach AlaCOMP’s Loss Control Specialists are proactive in creating safer workplaces for your insureds by incorporating demographics and statistical analysis. Our Loss Control Specialists utilize a data-driven approach when working with our insureds. They do this by working…
