FORT LAUDERDALE, Fla., Sept. 12, 2016 /PRNewswire/ -- Patriot Underwriters, Inc., a subsidiary of Patriot National, Inc. (NYSE: PN), today announced the launch of a new program designed to help workers' compensation and qualified employers' liability policyholders in state risk assigned pools access additional coverage options.
This new program allows policyholders applying for or currently in state assigned risk pools to replace coverage in the voluntary market at a lower cost and with improved service and less complicated renewal processing. Leveraging Patriot's proprietary loss control service and industry expertise, the program also assists policyholders with risk rehabilitation and safety measures that help them reduce claims and achieve savings on future premiums.
"Our expertise in workers' compensation and employers' liability insurance has allowed us to develop a solution that improves the experience and outcomes for policyholders by giving them an alternative to state risk assigned pools," said Steven M. Mariano, Chief Executive Officer of Patriot National. "We are pleased to bring to market additional value-added solutions that will benefit both existing and prospective clients."
About Patriot National
Patriot National, Inc. is a national provider of comprehensive technology and outsourcing solutions that help insurance companies and employers mitigate risk, comply with complex regulations and save time and money. Patriot National provides general agency services, technology outsourcing, software solutions, specialty underwriting and policyholder services, claims administration services, self-funded health plans and employment pre-screening services to its insurance carrier clients, employers and other clients. Patriot National is headquartered in Fort Lauderdale, Florida. For more information about Patriot National, please visit www.patnat.com.
About Patriot Underwriters, Inc.
Patriot Underwriters, Inc. (PUI) is a national program administrator. We develop innovative solutions that help our clients contain costs and minimize risk through customized insurance products and services. Patriot is led by a team of insurance professionals with extensive knowledge of the property and casualty industry. Providing excellent customer service is the key to our success on both the regional and national levels. Patriot prides itself on working with the finest insurance agents coast to coast. With national coverage and regional offices, our team is able to respond quickly and efficiently to matters that affect our agents and policyholders. For more information about Patriot Underwriters, please visit www.patriotunderwriters.com.
Forward Looking Statements
This press release may include statements that may be deemed to be forward-looking statements. Words such as "may," "will," "should," "likely," "anticipates," "expects," "intends," "plans," "projects," "believes," "estimates," "positioned," "outlook," "Guidance," and similar expressions are used to identify these forward-looking statements. By their nature, forward-looking statements involve risks and uncertainties, and there are important factors that could cause actual results to differ materially from those indicated in these statements. For example, our solutions may not perform as anticipated, as well as those matters contained in our filings with the Securities and Exchange Commission. Although we base these forward-looking statements on assumptions that we believe are reasonable when made, we caution you that forward-looking statements are not guarantees of future performance or events and that results may differ materially from statements made in or suggested by the forward-looking statements contained in this press release. Any forward-looking statement that we may make in this press release speaks only as of the date of such statement, and we undertake no obligation to update any forward-looking statement or to publicly announce the results of any revision to any of those statements to reflect future events or developments.
Media and Investor Contacts:
Director of Investor Relations
Patriot National, Inc.
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SOURCE Patriot National, Inc.