#United States #Denver #Workers' Compensation #EverPeak Insurance #Multi-State Coverage

Automation in Workers' Compensation: EverPeak Insurance's Latest Feature

In a significant move for the insurance industry, EverPeak Insurance has introduced a new feature that automates the workers' compensation process for small businesses spanning multiple states. This innovative solution aims to address the complexities faced by brokers when dealing with regional coverage, ensuring that businesses can secure protection for their mobile workforce with ease.

The Challenge of Multi-State Coverage

Historically, brokers have struggled with the administrative burden of managing multiple workers' compensation policies across state lines. Each state has its own regulations, which makes it complex and often challenging to maintain compliant coverage for employees who work in different states. According to the U.S. Bureau of Labor Statistics, approximately 35.5 million Americans work remotely, highlighting a growing need for a more streamlined approach to securing workers' compensation coverage.

EverPeak's Solution

Effective from April 21, 2026, EverPeak Insurance has launched a feature that produces consolidated policies across 17 states. This allows brokers to obtain a comprehensive workers' compensation policy in just a matter of seconds—specifically, an impressive 30 seconds. By automating the multi-state quoting process, brokers can now instantly secure coverage for mobile workforces that have long been considered challenging to place due to regulatory silos.

Key Benefits of the New Feature

EverPeak's multi-state coverage feature is specifically designed to facilitate operations in regions where cross-state work is common. Major coverage areas include:

• - The Memphis Connector: Covering Tennessee, Arkansas, and Mississippi.
• - The Mid-Atlantic Belt: Offering unified protection across Maryland and Virginia.
• - The Southern Corridor: Simplifies compliance for operations in Georgia, Florida, Alabama, and South Carolina.
• - The Carolinas: A single policy for employees working in both North and South Carolina.

A Milestone for Small Commercial Insurance

This new feature represents a significant advancement in the workers' compensation landscape, particularly for small commercial enterprises. In regions with high employee mobility, the need for comprehensive coverage cannot be overstated. Kathy Kranz, President of EverPeak, stated, "Work doesn't stop at state lines. Neither does EverPeak." This automation significantly eases the administrative workload related to multi-state filings and boasts 99.9% automation accuracy, ensuring brokers can focus on what matters most—their clients.

Data-Backed Success and Continued Growth

The launch of this multi-state feature comes on the heels of EverPeak's impressive growth metrics. The company has reported an astounding 250% increase in Gross Written Premium (GWP) since 2023. Furthermore, EverPeak has expanded its broker network to encompass 1,296 agencies, representing over 7,500 users. For firms dealing with challenging mobile risks, this newly automated feature presents a golden opportunity for brokers.

EverPeak’s efficiency is backed by impressive performance data:

• - They respond to 80% of inquiries in less than 30 seconds, significantly faster than the industry average of 10 minutes.
• - Brokers utilizing EverPeak's automation save roughly 1-2 hours per transaction, thereby increasing policy management capacities by 23%.

Frequently Asked Questions

Several brokers have questions about this new functionality, including how the multi-state feature operates and which states are encompassed within its scope. The feature is now operational in states including Alabama, Florida, Georgia, and Virginia, to name a few. Brokers can access the quoting tool through the Attune portal, ensuring instant verification of eligibility across 345+ business types, ranging from carpentry to healthcare.

Conclusion

Overall, EverPeak Insurance's innovative approach to workers' compensation through its new multi-state feature is set to transform how small businesses secure coverage. By minimizing the administrative strain associated with multi-jurisdictional policies, this solution serves not only to protect hard-working employees but also supports brokers in navigating the complexities of workers' compensation with greater efficiency. As the demand for remote work and mobile job sites continues to grow, EverPeak's advancements may very well lead the way forward in this critical segment of the insurance industry.