
W/C addition on Commercial IQ® Gives Agents Total Commercial Lines Options
Englewood, CO - January 12, 2009 – Colorado Casualty, a Liberty Mutual Agency Markets regional company, announced today that it is adding workers’ compensation coverage to its commercial insurance product line in February.
Workers’ Compensation new business can be written by Colorado Casualty agents effective February 1st in Arizona, Colorado, New Mexico, and Utah.
“With the introduction of this program, our agents will be able to provide comprehensive commercial coverage, including mono-line workers’ compensation, to businesses through Colorado Casualty,” said Rich Possanza, vice president, Underwriting, Colorado Casualty. “We’re also providing small to mid-sized employers with an alternative to the state workers’ compensation funds in four of our states.”
As with all of its commercial lines products, Colorado Casualty’s workers’ compensation coverage is easily quoted and issued by agents on Commercial IQ, the company’s proprietary online application. Schedule credits of up to 15% are available to qualifying employer accounts with additional credit available upon underwriter consideration as allowed by statutory requirements. Packaged accounts are billed as one and annual, semi-annual, quarterly, and monthly billing plans are available to employers.
The Colorado Casualty Workers’ Compensation Program also offers locally-supported, professional Loss Prevention services, including risk management solutions, safety program development and training, and cost containment strategies. A Return-to-Work program is offered in conjunction with Loss Prevention and specialized workers’ compensation claims service includes nurse case management by dedicated workers’ compensation adjusters.
About Colorado Casualty
Colorado Casualty offers property and casualty products, including a comprehensive set of commercial coverages, distributed only through appointed independent agents. Headquartered in Englewood, Colorado, Colorado Casualty provides insurance in Arizona, Colorado, Nevada, New Mexico, Utah, and Wyoming.
Colorado Casualty is part of Liberty Mutual Agency Markets, a business unit of Liberty Mutual Group, consisting of property and casualty and specialty insurance carriers that distribute their products and services primarily through independent agents and brokers. Liberty Mutual Group ranks 94 on the Fortune 500 list of the largest U.S. corporations based on 2007 revenues. The company has financial strength ratings of A (Excellent) from the A.M. Best Company, A2 (Good) from Moody’s Investors Service, and A- (Strong) from Standard & Poor’s.
Contact:
Christopher Goetcheus
774-279-5923
christopher.goetcheus@coloradocasualty.com