Industry Targets > CONSTRUCTION
Construction is known for its significant workplace accidents and considered a high-hazard industry. Heavy equipment, dangerous tools, and working outdoors make for potentially hazardous working conditions. Working at heights above 15 feet, on roofs or in trenches makes a construction operation an even greater risk. Additionally, if a business employs workers in multiple states or employees are temporarily working out-of-state, coverage needs to apply in each of the states where the workers are located and according to each state’s laws. These and other factors can make it challenging for agents and brokers to secure coverage for general contractors, subcontractors and trade contractors.
With more than 30 years of experience and $900 million in payroll in our programs, Monarch Partners Group (MPG) is well positioned to help you secure Workers’ Compensation insurance for the construction industry.
MPG has a network of Workers’ Compensation carefully selected and vetted carriers in the standard market that we can access for construction risks. This includes looking at the availability of Guaranteed Cost and Large-Deductible options, depending on the client’s risk profile and needs. Our programs also offer a pay-as-you-go feature that helps employers better manage cash flow as premiums are based on actual payrolls, rather than estimates. This helps us offer some of the best rates in the construction workers’ comp niche.
MPG also provides the following Workers’ Compensation solutions for the construction industry:
In addition to our experience and success, there are many other reasons to look to MPG for alternative Workers’ Compensation programs:
Compensation to referral partners is competitive and residual. Put MPG’s vast expertise, credibility and high-level relationships to work for you to find the best overall Workers’ Compensation solution for your client and provide you with a competitive edge.