CompWest Insurance has signed an agreement with Phoenix Risk Management Insurance Services, to write California health care workers' compensation insurance program for specific classes in the health care industry.
Under the terms of the accord, CompWest will combine its underwriting, specialized loss control and integrated claim management services with Phoenix Risk Management's significant experience in this particular segment to minimize injuries and reduce long-term insurance costs for policyholders.
The team will provide service-oriented, long-term, stable market for the growing health care industry for customers and retail agents.
Targetting California operations with an annual premium between $75,000 and $500,000, the program aims a variety of classifications such as residential care for children, nursing homes, convalescent homes or hospitals and rest homes, physicians' offices, residential care for elderly or adults and residential care for the developmentally disabled.
CompWest Insurance is part of the Accident Fund Holdings, which is a workers' compensation insurance holding company conducting business through four operating units in the US.