EverPeak Insurance Expands National Coverage with Method Insurance Acquisition
EverPeak Insurance Enhances National Coverage by Acquiring Method Insurance
In a significant move to improve its national workers' compensation services, EverPeak Insurance, a subsidiary of Pinnacol Assurance, recently announced its acquisition of Method Insurance. This strategic acquisition aims to empower insurance brokers and better serve employers by presenting a broader range of solutions tailored to diverse business needs.
Method Insurance operates as a managing general agent (MGA), serving a wide array of employers and focusing on those with unique risks and multi-state operations. This acquisition not only complements EverPeak's existing partnership model with Attune—its digital platform designed to streamline the insurance writing process—but also enhances the ability of brokers to meet evolving market demands. Looking forward, EverPeak intends to integrate Method’s established networks and resources to offer more comprehensive coverage options to its clients.
John O'Donnell, the President and CEO of Pinnacol, expressed excitement about the integration of Method Insurance into EverPeak's portfolio. He emphasized that by investing in advanced technology and workers' compensation solutions, the company is committed to creating leading products that make it easier for insurance brokers to support their clients and grow their business. “We are thrilled to welcome Method Insurance to our family of brands,” O'Donnell stated, highlighting the strategic nature of this development in response to modern workforce challenges.
About Method Insurance
Method Insurance is prominent as a workers' compensation MGA that collaborates with a network of six carriers alongside over 5,000 agency partners across the United States. The company adopts an integrated approach to bolster outcomes for injured workers through effective safety measures, loss prevention, and claims management strategies. By focusing on reducing injury frequency and enhancing care quality for employees, Method aims to lower the overall costs associated with workplace injuries. This mission aligns perfectly with EverPeak’s commitment to protecting hardworking businesses.
About EverPeak Insurance
EverPeak Insurance is designed to deliver comprehensive workers' compensation insurance solutions across the nation, building on Pinnacol Assurance’s robust century-long history in underwriting, claims, and risk management. With their keen focus on serving businesses with challenging risks, EverPeak empowers agents to provide the utmost protection for clients who require it most. Their solid reputation in the industry is credited to their commitment to hard work and customer service, solidifying their place as a market leader.
Attune Insurance: Revolutionizing Small Business Support
In addition, EverPeak's partnership with Attune Insurance marks a significant leap in making insurance solutions accessible to small businesses. Launched in 2016, Attune utilizes technology to refine and expedite policy creation, making it simpler and more profitable for agents to cater to their small business clientele. With a repertoire of property and casualty insurance products that include Workers' Comp by EverPeak™, Attune’s streamlined online platform promises to revolutionize how small businesses access essential insurance products.
Conclusion
The acquisition of Method Insurance marks a pivotal chapter for EverPeak Insurance, as it redefines the landscape for brokers and their clients. With a robust strategy aimed at leveraging both companies' strengths, this merger is sure to enhance service offerings, expand market reach, and ultimately foster better support for employers navigating the complexities of today’s workforce environment. EverPeak is poised to lead the way in providing innovative, comprehensive solutions, demonstrating its dedication to the evolving insurance marketplace.