Premier protection and comp stability.

For small and mid-sized businesses.

Workers compensation represents a significant expense for every business, with managing costs a critical consideration. In addition to offering a number of workers compensation alternative risk programs, Artex also provides Guaranteed Cost Programs that maintain the same standards for carrier rating, risk selection and underwriting that we employ with our other programs. In addition, we offer unbundled loss control and claims advocacy to assist insureds in achieving long-term rate stability. These programs are ideal for small and mid-sized clients.

Guaranteed Cost is a proactive rating plan with the insured paying a flat rate up front. The rate is not subject to actual loss experience during the policy period. The policy is rated using estimated payrolls applied to rates developed by the insurance industry and adjusted with the individual’s risk experience modifier. The premium might be further modified by a discount, the use of small deductibles and flat dividend percentages (calculated regardless of the loss experience for the policy period). If the client has a number of claims during the policy period, however, the rate will increase the following year, which is why a strong safety program, proactive loss control and effective claims management are so critical.

We offer several successful Specialty Guaranteed Cost Programs:

  • Artex Light: Workers compensation is the primary focus in this program with auto liability and general liability also available. The national program is ideal for clients with a target premium of between $150,000 and $1 million. Artex Light is open to a broad range of industries, including contractors, food service, healthcare, hospitality, manufacturing, property management, transportation and wholesale/retail distribution.
  • Staff Guard: Our guaranteed cost program is designed to accommodate the specialized workers compensation needs of the Temporary Staffing industry, with a broad appetite for risk within clerical, light industrial and healthcare. A national program, Staff Guard is a good fit for clients with a premium of $100,000 and up. 
  • Nonprofit: Available on a national basis, this program is designed to respond to the workers compensation needs of the nonprofit industry, including those in education, health, consumer protection, employment, food, housing, human services, daycare, philanthropy, research, and public/society benefits, among others. Target premium is $25,000.

Artex Light

Our heterogeneous guaranteed cost program accommodates good risks in difficult classifications, as well as accounts with higher experience mods and improving loss trends. A discernible management commitment to loss control and workplace safety is highly preferred. Artex Light is constructed with best-in-class unbundled service and claims components – claims analytics and advocacy, tailored loss control and the industry’s leading third-party claims administrator – to deliver improved risk performance and profitability return to insureds.

  • Established: 2009
  • Territory: National
  • Lines of Business: Workers Compensation, AL, GL
  • Target Premium: $150,000 - $1,000,000
  • Targeted Classes of Business: Contractors, Food Service, Healthcare, Hospitality, Manufacturing, Property Management, Transportation, Wholesale/Retail Distribution

Nonprofit Program

Our nonprofit, workers compensation guaranteed cost program was launched in conjunction with a global, A+ rated carrier.

  • Established: 2010
  • Territory: National; The following states may be considered on a limited basis - DE, MA, NY, OR, RI
  • Lines of Business: Workers Compensation
  • Targeted Classes of Business: A wide range, please review our Product Sheet for full details
Get Forward-Thinking Solutions... with Artex.

At Artex, we take your business personally. We do more than provide solutions. We create sustainable risk management alternatives, specifically tailored to the financial goals of your unique business. We get to know you. We get to know your industry. We seek to understand your current challenges, and search for emerging trends, so you can make the right decisions that drive your organization forward.

At our core, we’re innovators… just like you. We bring vision and creativity to each and every solution, informed by our global insight, expertise and experience in the full spectrum of risk management alternatives – from Insurance Management and Captive Solutions to Program and Facility Management, ILS and Structured Transaction Administration, Risk Management, PEOs, Risk Pooling and Specialty Guaranteed Cost Programs.

We deliver results.   Over 400 professionals.  |  More than 15 offices internationally.

Any alternative risk.  |  Anytime.  |  Anywhere.  |  Learn more about who we are and what we do.

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