Earn Full Commission with Safe Returns Dividend Plan
Chesapeake Employers Insurance recently introduced a new dividend plan that pays agents full commission on qualified new and renewal business. Called the Safe Returns Dividend Plan, it rewards policyholders for preventing injuries and keeping losses low.
Eligibility Requirements
Eligible policyholders could earn up to 25 percent of their premium in the form of a dividend. Plus, this plan pays you full commission on qualifying new and renewal business effective on or after July 1, 2017.
- Minimum annual standard premium is $30,000
- 5-year incurred loss ratio not to exceed 40%
- E-mod equal to or less than 1.00
- No known catastrophic loss potential
- Other eligibility requirements apply
Let us quote your new and renewal business to see if your customers qualify for the Safe Returns Dividend Plan.
Dividends are not guaranteed. They are declared at the sole discretion of the Chesapeake Employers Board of Directors.
Please contact your Territorial Account Executive or Underwriter at Chesapeake Employers for the complete list of requirements. Or, reference Producer Bulletin MK 17 03 on the agent section of our
website.
|
|
V. Rocky Gonzalez Elected Board Chairman
Members of Chesapeake Employers' Board of Directors elected V. Rocky Gonzalez to be Chairman, effective immediately. Mr. Gonzalez succeeds Charles Dankmeyer as Chairman, who is now serving as a member of the Board.
Other officer changes that are effective immediately include:
- Leonard Schuler, Jr., Vice Chairman
- Paul V. Gill, Sr., Treasurer
- Suzanne Carter Thompson, Secretary
In addition to Charles Dankmeyer, the following are members of the Board:
- Joseph M. Coale
- Wayne Gioioso, Sr.
- Lewis C. Powell
- Maria Tildon
Chesapeake Employers Insurance is headed by a nine-member Board of Directors appointed by the Governor of Maryland.
|
Expanding Other States Coverage
Did you know that Chesapeake Employers Insurance, in conjunction with Zurich North America, has expanded our Other States Coverage for workers' comp?
Coverage for a Maryland-based company with some employees working for extended periods of time or permanently located in another state may require an Other States Coverage policy.
For your clients' coverage needs in these situations, Chesapeake Employers has
teamed with Zurich North America to provide an insurance solution in all U.S.
states except North Dakota, Ohio, Washington, Wyoming, U.S. Virgin Islands, and
Puerto Rico.
Contact your Chesapeake Employers' Underwriter or Territorial Account Executive
to learn how Chesapeake Employers builds the bridges necessary to keep all your
Maryland-based business clients covered.
|
Program Spotlight: Maryland State Firemen's Association (MSFA)
The Maryland State Firemen's Association and Chesapeake Employers Insurance proudly offer qualifying MSFA members an exclusive workers' compensation insurance program featuring a group dividend and expert safety services.
This program provides participating members with safety services designed to help create a safe workplace to reduce the potential of on-the-job accidents.
Chesapeake Employers currently insures 157 fire and ambulance departments. Eighty-three of them are insured through the MSFA program. In 2016, the company awarded $180,000 in dividends to qualifying MSFA members.
Please refer to this
flier and the Chesapeake Employers Producer Guide for program details.
|
Workers' Comp Seminars Coming this Fall
Invite Your Clients, Staff to Attend
Chesapeake Employers Insurance will host two workers' compensation insurance seminars for policyholders, employers, and agents, in October 2017.
The free, half-day seminars will be held:
- October 5 at Bowie Comfort Inn Hotel
- October 12 at the Clarion Inn Frederick Event Center
The seminars are scheduled from 9:00 a.m. to 1:00 p.m. Online reservations are required. Executive continental breakfast and refreshments will be provided. Please share this information with your clients and staff and encourage them to attend.
Agenda and registration information.
|
Return-to-Work Program Pilot Uses Local Nonprofits
Chesapeake Employers is partnering with
ReEmployAbility, a Florida-based company, to help get claimants back to work sooner after a work injury. Called Return2Work, the program places injured workers who have been approved for light duty with local nonprofits when the employer cannot provide modified work.
"We've been piloting the program since last October," says Tammy Longan, Director of
Chesapeake Employers' Strategic Business Unit.
"Essentially, the program is an extension of a policyholder's return-to-work program," explains Tammy.
Claims adjusters and nurse case managers can refer injured workers who they believe would make good candidates for the program. ReEmployAbility then considers the injured worker's job restrictions and finds him or her work within five miles of the worker's home.
Jim Lantz, Claims Manager at HMS Insurance Associates, Inc., is a proponent of this program. He has worked with other carriers that use this tool, and he has seen the benefits first hand.
"The Return2Work program, and programs like it, help mitigate claims costs that impact employers' experience modifications and premiums," says Jim. "I especially like ReEmployAbility's program. They do a good job of placing claimants and monitoring them to make sure the claimants show up for work and only perform tasks they're medically cleared to perform."
The goal is to get injured workers who are cleared to return to work on a limited basis back in the habit of working again. The job assignments often have the added benefit of helping Maryland non-profit organizations, many of which are often short-staffed and in need of additional help.
|
 |
|
|
George Johnson,
Territorial Account Executive
|
All Employees Refocus Efforts to Improve Service to Agents
Company-wide Training Taking Place
Chesapeake Employers' Marketing and Business Development department is conducting a company-wide awareness initiative called "Getting to Know Our Agents."
The primary objective of this effort is to review the importance of strengthening professional relationships with our agent partners. In addition, the focus of this initiative is to enhance our commitment for providing optimal customer experiences for all agent partners.
|
|
|
|
|
