Paragon Insurance unveils nationwide workers’ compensation program

Paragon Insurance | August 27, 2019

Paragon Insurance unveils nationwide workers’ compensation program
Managing general agency Paragon Insurance Holdings has added a new nationwide workers’ compensation insurance program to its list of offerings. Available through Paragon’s eligible retail agency partners, the new program is underwritten by the MGA in its San Diego operation on behalf of Clear Spring Property and Casualty Company, a release explained. The industries eligible for the new workers’ compensation program include construction & artisan contractors, landscaping, transportation, janitorial, agricultural, wholesalers & dealers, healthcare, waste management, manufacturing, and rental equipment dealers. Paragon’s announcement of the new program comes shortly after it revealed a collaboration with an issuing carrier on another insurance program.

Spotlight

The emerging technologies of robotics, artificial intelligence, and unmanned vehicles are already providing us with enhanced capabilities to work faster, more accurately, more consistently and more safely. As these technologies evolve and, in many cases, converge, the scope of what can be automated will expand dramatically. Digital systems will shift from being mere enablers of human functions to shouldering the majority of the responsibility for delivering an end-to-end service. At its core, the insurance industry exists to reduce (or make restitution for) risk and harm. Digital technologies enable us to identify, prevent and respond to risk and harm, in more efficient and smarter ways. Communication and decision making, both on the customer side and the insurer side, are being enhanced and expedited. Beyond this, insurers are exploring new ways to prevent harm, through systems that connect enhanced detection with efficient mitigating responses.

Spotlight

The emerging technologies of robotics, artificial intelligence, and unmanned vehicles are already providing us with enhanced capabilities to work faster, more accurately, more consistently and more safely. As these technologies evolve and, in many cases, converge, the scope of what can be automated will expand dramatically. Digital systems will shift from being mere enablers of human functions to shouldering the majority of the responsibility for delivering an end-to-end service. At its core, the insurance industry exists to reduce (or make restitution for) risk and harm. Digital technologies enable us to identify, prevent and respond to risk and harm, in more efficient and smarter ways. Communication and decision making, both on the customer side and the insurer side, are being enhanced and expedited. Beyond this, insurers are exploring new ways to prevent harm, through systems that connect enhanced detection with efficient mitigating responses.

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AUTOMOBILE INSURANCE

Click-Ins Joins Sapiens to Provide Automated AI-based Vehicle Damage Inspection

Click-Ins, Sapiens | January 12, 2021

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INSURANCE TECHNOLOGY

Bridge Mutual Starts Offering Decentralized Insurance on Stablecoins

Bridge Mutual | November 21, 2020

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Mountain West Farm Bureau Upgrades Majesco Policy for P&C to Majesco CloudInsurer®

Majesco | October 11, 2021

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