We’re founded by agents with decades of high-risk industrial insurance experience who understand the most dangerous sounding industries can be operated in the safest and most professional manner.
The current paradigm keeps workers’ compensation subjective, unclear, and plain unfair. This needs to change— Our mission is to make sure that companies with a culture of safety pay fair rates.
Insurate’s workers’ comp policies cover employees job-related injury or illness with compensation for losses and medical care.
For injuries with long-term impact, our policies provide wage replacement for time-off and long-term disability.
In the unfortunate event, our policies pay death benefits to the family of an employee, which can be the financial support needed at the most challenging time.
The STI is Insurate’s proprietary algorithm that scores companies by deeply analyzing historical rate and workers’ comp claim patterns using machine learning and predictive models. Our model allows us to identify trends and critical factors that influence the safety performance of individual companies.
We weigh those factors against data specific to each business which sets a score that estimates a company’s work comp risk profile, now and in the future.