Benchmark Insurance Company and SUNZ Insurance Company jointly announce a newly formed fronting partnership which will allow SUNZ Insurance Company to expand workers’ compensation coverage to 44 states throughout the US.
The new relationship also gives SUNZ the ability to offer customers "A-" rated coverage.
Steve Herrig, CEO of SUNZ, said, "We are extremely pleased to have formed the new partnership with Benchmark. The alliance between Benchmark and SUNZ represents each organization’s strong commitment to providing the PEO and Staffing Company marketplace with the best possible workers’ compensation coverage.
"This new partnership continues to reflect our commitment to helping our insureds understand and protect themselves in a risky world."
Both companies bring experience, stability, and a commitment to client service excellence, while providing insurance solutions to qualified PEOs that demand top level workers’ compensation services and carrier stability.
Benchmark is a multi-line stock insurer rated "A-" by AM Best and is admitted in 49 states and the District of Columbia. It partners with insurance organizations who need a broadly licensed, highly rated admitted insurer to better distribute their product. As an independent insurer, Benchmark is uniquely positioned to be a long term fronting or program partner.
SUNZ Insurance, established in 2005, was founded specifically to provide workers’ compensation solutions for Professional Employer Organizations, Staffing Companies and Large Companies.