Digital commercial insurance platform Attune Insurance has announced the launch of EverPeak Insurance, a new workers’ compensation product designed for small businesses and hard-to-hire industries.

Aton stressed that this new product aims to provide comprehensive and affordable coverage for workers’ compensation, and address the challenges faced by employers and agents in securing timely insurance for these sectors.

EverPeak, which is currently available in 14 states, plans to expand its offerings nationwide. Agents assigned through Attune can access EverPeak through the platform’s digital interface, simplifying the process of securing workers’ compensation coverage for clients.

EverPeak is responsible for product development, pricing and underwriting, backed by a national A-rated insurance company for financial support. Pinnacol Assurance, a highly rated workers’ compensation insurer for nearly 110 years, also provides support.

A recent report from the National Council on Compensation Insurance highlights recent trends in the workers’ compensation industry, such as workplace-related mental injuries, marijuana compensation, independent contractor classification, and single-payer health insurance.

“The launch of EverPeak on the Attune platform underscores our commitment to providing agents with a variety of insurance solutions specifically designed to meet the needs of their customers,” said Brennan Gron, Sales Director, Attune Insurance.

He pointed to the challenges faced by small businesses and those in hard-to-place industries, and emphasized that EverPeak’s focus on accessibility and comprehensive coverage addresses these gaps in the market.

Last month, the National Workers’ Compensation Commission proposed a 9.1 percent cut in workers’ compensation costs in West Virginia. The recommended cut would apply to all standard classifications, with a 10.4 percent cut proposed for the designated risk market.

West Virginia Insurance Commissioner Alan L. McPhee cited lower claims costs as a primary factor behind the continued decline in rates.

McVey noted that the average cost per claim in the state has been consistently lower than national and regional averages, with losses declining by more than 20% between 2018 and 2022.

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