NASHVILLE, Tenn. - October 27, 2020 - (Newswire.com)
Method (https://www.methodinsurance.com), a Managing General Underwriter wholly focused on Workers' Compensation Insurance, has announced the addition of the Falls Lake National Insurance Company to its roster of carrier options.
Falls Lake is rated A XI (Excellent) by AM Best and writes workers' compensation coverage in 23 states mostly concentrated in the eastern half of the United States.
"We're excited to partner with the great team at Falls Lake to dramatically expand options for our customers east of the Mississippi," said Greg Donsbach, President of Method.
Falls Lake shares a similar, broad risk appetite to Method's existing carriers, Incline Casualty and Service American Indemnity Company.
"Falls Lake is pleased to partner with Method for this new product which combines Method's industry-leading claims management protocols with Falls Lakes' risk-driven underwriting philosophies," said Paul Kearns, Senior Vice President of Underwriting at Falls Lake.
Method is the managing general underwriter ("MGU") of the Salus (sey-luhs), family of workplace injury products and services. Method has extensive experience in all aspects of program management and a broad appetite for high-hazard, high-mod, mid-market risks.
To learn more, visit https://www.methodinsurance.com.
Founded by pioneers in the occupational medicine industry, Salus' mission is to mitigate workplace injuries and deliver exceptional healthcare outcomes for injured workers, expediting a return to work, preserving families' economic livelihoods, and enhancing employers' productivity. Salus is headquartered in Nashville, Tennessee, with offices in Austin, Texas, Dallas, Texas, and Omaha, Nebraska. Salus is a WP Global Partners, Inc. portfolio company. To learn more, visit https://www.salusworkerscomp.com.
About Falls Lake
Falls Lake Insurance Companies partners with established insurance companies and distributors to support their product needs, including by underwriting specialty lines of insurance and providing insurance fronting services that leverage the company's "A" (Excellent) A.M. Best rating, expansive licenses and reputation to provide access to the U.S. property and casualty insurance market. Falls Lake Insurance Companies is the fronting and workers' compensation insurance platform of James River Group, Inc., which is a wholly-owned subsidiary of James River Group Holdings, Ltd. Falls Lake Insurance companies is comprised of Falls Lake National Insurance Company, Falls Lake Fire and Casualty Insurance Company, and Stonewood Insurance Company. The distribution system of Falls Lake is a hybrid model, including both direct to retail agency products and partnerships with select specialized program administrators. The companies are broadly licensed for product including both commercial and personal lines, on an admitted and non-admitted basis throughout the United States. Headquartered in Raleigh, Falls Lake employs a staff of approximately one hundred and twenty-five. To learn more, visit https://fallslakeins.com
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Original Source: Workers' Compensation Insurance MGU Method Adds Falls Lake as New Carrier