24 Hour turnaround • Rushes possible • Association and Anthem/Blue Cross discounts available • No limits on premium size • Loss Control Support - resources to help you reduce workplace injuries and illnesses which can improve productivity and long term profitability. • Efficient Claims Handling - 24/7, multi-lingual claim reporting center provides prompt service to injured workers while helping control claim costs by working with physicians to evaluate care. • Stability and Dependability - over 100 years of experience and an A- (Excellent) rating by A.M. Best
PROGRAM HIGHLIGHTS PAYMENT OPTIONS Insured will receive an email with secure payment link information le ing them know about the payment types accepted and also about the available installment options: • Annual: 100% due up front • Semi-Annual: 50% down, next payment due at 180 days • Quarterly: 25% down with payments due every 90 days • Monthly: 16.6% down with payments due monthly for 10 months •
“A” rated carrier by A.M. Best • Maximum premium: $75,000 • Max XMOD factor: 1.50 • Many payment plans available • Waiver of Subrogation available • New ventures accepted and lapses may be considered with a signed no loss le er • Available in many states across the US with more to relase soon.
TOP CLASSES • Restaurant • Physicians • Retail Stores • Grocery Store • Clothing/Apparel Store • A orneys • Sandwich Shops • Meat/Fish/Poultry Store • Dentists & Dental Surgeons • Clerical/Office • Dry Cleaning/Laundry • Barber/Beauty Shop • Auto/Truck Service Stations • Auto/Truck Repair Shops • Beverage Preparation Shops
PAYMENT OPTIONS Insured will receive an email with secure payment link information le ing them know about the payment types accepted and also about the available installment options: • Annual: 100% due up front • Semi-Annual: 50% down, next payment due at 180 days • Quarterly: 25% down with payments due every 90 days • Monthly: 16.6% down with payments due monthly for 10 months
Traditional PAYO® For Victory® Workers’ Comp HOW DOES IT WORK? • Name of the payroll company • City and state • Key contact at the payroll company with email and phone number • Website for the payroll company if they have one • Name of the PAYO account you are looking to bind Approval time frame will vary based on the payroll company’s so ware, their decision to report using either our class code or employee level reporting option and their general responsiveness to our inquiry. • No AmTrust payment processing fees • Payment processing fees vary by payroll company Send new payroll company information to: Chris.Amato@amtrustgroup.com or Ted.Maurelli@amtrustgroup.com Good for any insured wanting a workers’ comp “cash flow” payment option. Our PSR solution brings unique benefits to the insured and our agents. AmTrust has you covered in the PAYO (Pay-As-You-Owe) marketplace. This is an automated solution, using local agents and local payroll companies. No upfront money is needed to bind coverage. An AmTrust EFT form may be needed based on the selected payroll company. • An AmTrust-approved payroll company is required • AmTrust provides net rates by class code and state to the payroll company • The net rate includes all factors affecting the rate, such as base rate, experience mod, credits, debits, TRIA and the expense constant • Net rates are system generated and emailed directly to the payroll company upon issuance of the policy • The insured processes payroll as usual, through the payroll company • The payroll company calculates the premium owed each pay period based on actual payroll reported • The payroll company either collects and remits the reports and premium to AmTrust via ACH, or remits the reports only, and AmTrust EFTs the insured’s account based on the payroll company’s report • AmTrust-approved payroll partner lists are available by region.