FastComp.com Bundles Innovative Business Owners' Policy With Workers' Comp To Give Agents A New Competitive Advantage.

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Aug 27, 2013, 08:00 ET

HUDSON, Ohio, Aug. 27, 2013 /PRNewswire/ -- FastComp.com, long recognized as one of America's most innovative workers' compensation Managing General Agents, is introducing a new Business Owners' Policy (BOP) program, with features and multi-line discounts that will let Agents satisfy their clients' need for workers' comp and business insurance, save time, save money and enjoy a new competitive advantage.

"Since 1998, FastComp has been wholly focused on the needs of Independent Agents, and monoline workers' compensation has been our only line of business," according to John Valko, CEO of Fastcomp. "But in today's hyper-competitive markets, our Agents need every possible edge. This comprehensive Business Owners' Policy (BOP) is designed specifically to match up with the small-to-midsized businesses that comprise their workers' comp profile.

This comprehensive Business Owners' Policy is underwritten through one of the nation's most highly respected carriers with an A.M. Best rating of A+ (Superior). It includes advantages to Agents and their clients including:

Competitive basic rate structure (with IRPMs also available)
Unique Safety Record Credit of up to 15% based on workers' compensation experience
5% Multi-policy Schedule Credit when BOP and workers' comp coverage are both through FastComp
Graduated Liability Premium Discounts for qualifying restaurants
Discounted Liquor Liability Rates for fine dining establishments
Fast, easy submission process
Rapid underwriting response and authority to issue a binder upon receipt of down payment from your client
Very competitive commissions

Combining the latest web-based technology with traditional trust-and-a-handshake business values, FastComp.com operates in Alabama, Arkansas, Arizona, California, Delaware, The District of Columbia, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Michigan, Missouri, Montana, Nebraska, Nevada, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia and West Virginia.