Placing new business with State Fund just got more profitable! We understand the workers’ compensation market is in a highly competitive state and you’re working harder than ever to manage your accounts. That’s why we are pleased to announce that you can earn a commission enhancement of 3% in addition to your base commission for all new business middle-market accounts (standard premium between $25K and $500K) that incept January 1, 2019, through June 30, 2019.
Please note, that we are currently programming this enhancement into our systems, so, in the short term, your quotes will initially reflect only your base commission. However, once bound, the 3% commission enhancement will be added. We expect quotes to reflect the new enhancement beginning on November 12th.
Our enhanced, new business commission is an exciting way for us to grow middle-market business together. On behalf of the State Fund team, thank you for giving us the opportunity to earn your business.
State Compensation Insurance Fund is not a branch of the State of California.