The Virginia workers’ comp system is undergoing reform. Like others states, it’s dealing with issues such as widespread fraud and higher medical costs. The changing regulations are forcing insurance agents and brokers to find better ways of retaining clients and expanding business. If you’re seeking a competitive advantage in this fluctuating marketplace, consider the benefits of working with a wholesale workers’ compensation insurance provider.
Workers’ compensation laws and guidelines are complex. Perhaps you don’t have the resources or manpower for keeping up with the ever-changing rules and regulations. With an insurer specializing in workers’ compensation, additional training or staff isn’t required. The wholesaler is a one-stop-shop solution for workers’ comp coverage ranging from hard-to-place risks and “main street” accounts to large companies and small businesses.
Do you want to expand your business in Virginia? Are you looking to break into other industries? Working with a wholesaler specializing in workers’ comp, gives you easier access into the market. Partnership with a company that has a track record of serving the region allows you to offer coverage for sectors, ranging from professional services and healthcare to manufacturing and retail.
The Virginia workers’ Comp reform presents a new challenges when it comes serving your commercial customers, but there is a solution. Contact a wholesaler insurer that can help you with customer retention and business expansion.