Workers’ Compensation is a front-and-center issue for employers, the insurance distribution system, Comp boards, and state legislatures. Over the years, skyrocketing medical costs, an increase in loss frequency, severity and fraudulent claims, and other factors have impacted the Workers’ Comp market, resulting in a high combined ratio and poor underwriting results. To reverse this trend, we’re now seeing rate firming, carrier contraction, and appetite restriction. This has left employers, especially those in tough classes, searching for a home for their Workers’ Compensation program. Even “main-street” businesses with one loss have had a hard time at renewal.
Insurance agents and brokers with access to competitive markets will not only capitalize on the ability to secure coverage for their clients, but they can also now leverage an improving economy set to spur the Workers’ Comp industry with an increase in jobs and payroll exposure.
Who is ASIA?
ASIA is “The Workers’ Compensation Specialist for Brokers and Agents.” We are a wholesale broker that prides itself in the underwriting expertise, unrivaled market relationships, expansive capabilities and unmatched service we deliver to our retail agents.
ASIA is not your typical wholesaler. ASIA serves as a key asset to both our retail agents and markets alike. Unlike many wholesalers, ASIA recognizes both entities as true partners in providing and maintaining comprehensive Workers’ Compensation solutions for their mutual clients…and as a result, ASIA consistently meets and exceeds the expectations of our retail agents and our markets.
In business for 20 years, ASIA is family owned and operated. We have no bank or retail agency affiliation whatsoever. Your business is protected with ASIA and we treat it personally.
We offer unparalleled underwriting expertise and several programs to meet the needs of your clients throughout our target states of New Jersey, Pennsylvania, New York, Connecticut, Delaware, Maryland, Virginia, North Carolina and Florida. We have longstanding relationships with top carriers that are committed to the Workers’ Comp market.
What sets ASIA apart?
With decades of underwriting experience, ASIA’s insurance professionals provide retail agents with the knowledge and expertise necessary for a smooth and painless Workers’ Compensation policy process…from quote and bind to renewal and audit. We handle Small Business and Middle Market accounts, Large Deductibles and Retros. We’ve even developed an exclusive Dividend Program designed for certain eligible classes, including hospitality, light manufacturing, professional services, retail, among others. We also have markets for high-hazard risks and for those with high debit mods.
As a wholesale broker, we know the importance of being able to “get things done.” With the extraordinary partnerships and clout that we have developed with our markets (which is second to none), we get things done…for you! Many of the retail agents that submit to us even have direct access to some of our markets, but come to us for ease of doing business and that particular market clout to get certain risks placed.
Your clients will benefit from our carriers’ dedication in providing assistance in claims management, fighting fraud and abuse, and establishing employee return-to-work programs.
Moreover, ASIA is committed to continually facilitate our working relationship with our agency partners. As such, we have provided a dedicated Customer Service section on our website where you can find broker agreements, submission requirements, and applications.
Capitalize on new business opportunities in Workers’ Comp while also keeping your book of business intact.
For two decades, ASIA’s focus has been exclusively in Workers’ Compensation, providing insurance agents and brokers with access to markets and programs for their clients. We have built a reputation based on our expertise in the field, creativity and longevity in providing solutions in a fluctuating market, longstanding carrier relationships, responsive service, and quick submission and quote turnaround. Find out more about how we can add to your agency growth and retention. Give us a call at (610) 543-5510, email us, or complete the form on this page. One of our professionals will contact you promptly.