ACE WORKERS COMPENSATION COVERAGE

Nexus is pleased to offer a variety of options through the group of ACE Companies.  Currently, through its sister company NPS Partners,  Nexus is one of only 50 program administrators and brokers in the U.S. authorized to access these products.  In addition to this small account facility, we have the ability to place “Middle Market” business as well as “Tough Class” business.

Ace Complete offers a home to accounts with a minimum premium as low as $2,000 (depending on the state) to a maximum premium of $150,000.  We are able to analyze and quote risks for this market IN HOUSE.

CompSecure is for our “Middle Market” accounts.  The initial guidelines for our Middle Market (CompSecure) facility are as follows:

Risks greater than $150,000 but less than $1,000,000.

All guaranteed cost.

80% of the payroll must be in one or more of the following states: AL, AR, CT, GA, IA, ID, IL, IN, KS, LA, MI, MO, MS, NC, NE, NM, NV, OK, OR, PA, SC, SD, TN, UT, VA.

Risk characteristics/what we need to know about
the risk in a submission:

• Exposure to injury.
• Average weekly wage levels.
• Any Return to Work or Light Duty programs
• The complete loss history for the risk

Please note, this program requires at least 14 days lead time.

PEI (Pacific Employers Insurance)  offers a home to “tougher” accounts.  This company entertains accounts that have a mod up to and including 1.80, new ventures and class codes that are not so easy to find homes for these days.  Please contact us for the full list.

100% of the payroll exposures must be in one or any combination of the following states:  AL, AR, CO, CT, DC, DE, GA, IA, IL, IN, KS, KY, MD, ME, MI, MN, MO, MT, NC, NH, NM, OK, PA, SC, SD, TN, UT, VA and VT.