EverPeak Insurance, a subsidiary of Pinnacol Assurance, has acquired Method Insurance, a managing general agent (MGA) that provides insurance solutions to employers across a wide range of industries.
The addition of Method Insurance will expand EverPeak’s ability to serve employers on a national scale. The company said that this move is a response to the changing requirements of insurance brokers, who are increasingly seeking comprehensive solutions for clients with diverse and multi-state operations.
“We are thrilled to welcome Method Insurance to our family of brands,” said John O’Donnell (pictured above), president and CEO of Pinnacol Assurance.
He noted that recent investments in platform technology and workers’ compensation solutions are aimed at creating a product that “makes it easier than ever for brokers to serve their clients and grow their business.”
The acquisition is also intended to complement EverPeak’s existing partnership with Attune, its digital platform that helps brokers write workers’ compensation and commercial insurance for small businesses.
The company indicated that, over time, brokers will have access to a broader range of coverage options, which will help them address the evolving needs of employers. This is particularly relevant as businesses adapt to more modern and dispersed workforces.
In September last year, Attune launched a new workers’ compensation product under the EverPeak brand, targeting small businesses and hard-to-place industries. The product was made available in 14 states, with plans for nationwide expansion.
EverPeak also expanded its workers’ compensation insurance services to Tennessee, focusing on small businesses and challenging sectors. As of the launch, more than 95 businesses in the state had already obtained coverage through EverPeak.
EverPeak’s product development, pricing, and underwriting are supported by an A-rated national carrier and Pinnacol Assurance, which brings nearly 110 years of experience in workers’ compensation.
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