INDIANA — Hoosier businesses can save 10% off their estimated annual workers’ compensation premiums courtesy of a new Indiana Chamber of Commerce partnership with the ClearPath Mutual Insurance Company.
Businesses are eligible for the program if they have been in existence for at least three years and are a member in good standing with the Indiana Chamber on the effective date of the policy or within the first 30 days of coverage. These businesses are eligible regardless of their estimated annual premium, before or after the association membership discount, and even if they are already a ClearPath Mutual policyholder. (Current underwriting guidelines apply.)
“Workers’ compensation insurance has become a major expense for many Hoosier businesses, and this partnership will benefit our members through significant savings, especially for those in higher-premium industries,” relays Indiana Chamber President and CEO Kevin Brinegar. “We’re excited to partner with ClearPath Mutual and so pleased to be able to provide this offering to Indiana businesses.”
ClearPath Mutual Insurance Company is a monoline workers’ compensation insurance carrier headquartered in Louisville. ClearPath Mutual writes nearly $50 million in premiums and is the second-largest workers’ compensation carrier in Kentucky. The company has approximately 7,000 policyholders in Kentucky, Indiana, and Tennessee, and works with independent agency partners throughout the country.
“As essentially a local company that serves all of Indiana, it’s such a natural fit to partner with the Indiana Chamber,” says Jeff Borkowski, ClearPath Mutual CEO. “Together, we will provide member businesses with workers’ compensation coverage from a highly-rated provider at a significant savings.”
Interested businesses can learn more and start the process at www.indianachamber.com/clearpath.
A note on procedure: It is the responsibility of the insurance agent to notify ClearPath Mutual’s underwriting department of member businesses. Insurance agents need only to contact their ClearPath Mutual underwriting team to notify if a new business submission, or current policyholder, is a member of the Indiana Chamber. If a current policyholder is a member business, the discount will be applied at their renewal.