Underwriting

Underwriting with Care

CompWest’s underwriting approach is grounded in disciplined risk selection, pricing adequacy and long-term portfolio stability across the states we serve. We evaluate each account holistically to align coverage and pricing with the specific risk characteristics of the operation.

Risk-based underwriting

Workers’ compensation risk varies by industry, operations and safety culture. Our underwriting process focuses on identifying accounts that demonstrate:

Proactive loss control and commitment to workplace safety
Stable operations and leadership
Responsible claims management

Evaluating these factors allows us to more accurately segment risk and apply pricing that reflects the true exposure of each account. Whether it’s a simple guaranteed cost approach or a complex deductible work comp program, we identify a solution unique to our customer’s situation.

California underwriting flexibility

CompWest has expanded its underwriting capabilities by adding Star Insurance Company paper for California only. This added capacity provides greater underwriting and pricing flexibility by aligning eligible submissions with the underwriting paper that best fits each account’s risk profile and appetite.

The result is a clearer connection between risk quality and price and improved competitiveness for higher-quality California workers’ compensation accounts.

Ideal Submission Profile

A strong, safety-focused culture

Proven loss control and claims performance

Minimum annual premium of $50,000

Operations in main street industries – retail, wholesale, healthcare, hospitality, manufacturing, schools and religious institutions

Benefits for Agents

Increased competitiveness on well-managed risks

Access to multiple underwriting papers through a single carrier relationship. Star Company, Accident Fund Insurance Company and CompWest Insurance Company