Underwritten by AmTrust Financial, the program covers over 300 manufacturing class codes, offers competitive pricing, and provides a 5% discount for CMTA members. It is also available nationwide for multi-state manufacturers.
Lance Hastings, President of CMTA, emphasised the program’s importance in addressing rising workers’ comp costs and workplace safety challenges. “This partnership comes at a pivotal moment,” Hastings said. “Manufacturers are under immense pressure from rising comp costs and the need to ensure workplace safety. We’ve found an innovative insurance product that delivers personalised safety improvements and lower claims costs for California manufacturers.”
CompScience has already seen the impact of its safety-driven approach across various manufacturing sectors, from metal fabrication to food processing. “We’ve worked with manufacturers across a range of industries and have seen a 55% reduction in claims frequency among our manufacturing clients,” said Josh Butler, Founder of CompScience. “By addressing risks before they escalate into costly injuries or litigation, manufacturers can create safer workplaces while reducing costs.”
Bender Insurance Solutions underscored the program’s flexibility and affordability, crediting AmTrust Financial’s approach to underwriting. “AmTrust brings unparalleled pricing and underwriting flexibility, making this program accessible to a wide range of manufacturers,” said Roland Guillen of Bender Insurance Solutions. “This is a game-changer for manufacturers looking for premium relief and a safety partner who can proactively identify risks in a manufacturing facility. It’s the CompScience advantage!”
By combining competitive pricing with a proactive approach to workplace safety, the partnership aims to provide manufacturers with both financial relief and innovative risk management solutions, ensuring safer and more cost-effective operations.