AIA to bring its Workers’ Compensation and Commercial Specialty Insurance Products to Independent Insurance Agents and Brokers in Florida

Montgomery, AL – Associated Insurance Administrators (AIA) is a program administrator and wholesale supplier of the highest-quality Workers’ Comp Insurance and Commercial Specialty products to Independent Insurance Agents & Brokers, providing exclusive carrier relationships, highly customized underwriting, and expert risk mitigation and claims management. Previously they served the states of Alabama, Georgia, Mississippi, North Carolina, South Carolina, and Tennessee. AIA will now be expanding into the state of Florida, with incidental coverages extended to Arkansas, Texas, Kentucky, and Louisiana.

President Patrick Albrecht, who stepped into this leadership role in the first quarter of 2021, said, “My goals for AIA include driving profitable growth by expanding into states we believe we can serve well. As we analyzed the states contiguous to our current service territory, Florida — as one of the largest insurance markets in the US — stood out because of its size, and therefore its potential for customer growth. We believe that Florida, with skillful underwriting, can be a profitable addition to our coverage area.

“As a regional carrier, AIA is familiar with the dynamics of the possible exposures that are more heavily concentrated in Florida such as hospitality, which can also be seasonal, health care, particularly home health and elder care,  and unique temporary staffing exposures.

“Expanding into Florida gives AIA a continuous coverage area encompassing the entire Southeast. This enhances its ability to serve clients needing to cover multi-state risks, enabling it to now cover on one policy, those risks previously insured through a self-insured fund and written on two policies with separate carriers.”

According to the Insurance Information Institute, Florida is the third-largest state in the United States in terms of direct premiums written for Workers’ Comp coverages, and one of the states showing the greatest increase in insurance coverage costs.

Albrecht said, “Insurance prices are growing faster in Florida than almost any place else. With our new Loss Control Hub, I believe that we will be able to help agencies guide Florida business insurance clients through the steps they need to improve their loss control and therefore lower their claims exposure. Loss control is the one way — really the best way—that a business can control this area of insurance costs. Beyond just saving money, loss control also helps save lives, and businesses that have fewer accidents inherently run more efficiently and profitably.”

AIA’s expertise in the niches it serves is unmatched by any other program administrator in the region. Some of its specialty Workers‘ Comp coverages include temporary staffing, healthcare, public sector, school systems and universities, social services, and not-for-profit organizations. AIA’s Commercial Specialty Coverages include Business Owners Policy (BOP), General Liability, Professional and Employment Practices Liability, with a focus on artisan contractors, hotels/hospitality, manufacturing, mercantile/retail, professional services, public sector, and restaurants/caterers, in addition to providing additional coverage to their Workers Comp customers.

About AIA

Since 1993, Associated Insurance Administrators, Inc. (AIA) has specialized in offering the highest-quality commercial insurance products to retail insurance agencies. We give our customers the tools and support they need to provide exceptional protection for the heart and soul of any company – its people. Through exclusive industry partnerships, skillful underwriting and expert claims administration, AIA offers a proven track record of delivering great value to our agency customers.

For more information about AIA, visit https://aiamga.com/, or follow us on LinkedIn, Facebook, and Twitter. Email us at marketing@aiamga.com, or call 1-800-981-4242.

Media contact: Christine Heine—309-840-3704 or chris.heine@onefire.com

The AIA Team

Author The AIA Team

More posts by The AIA Team