Behavioral Risk Management

Underwriting Guidelines

Growers Captive Group is a homogeneous group of member insureds in the agricultural industry.

New and renewing members have a shared goal to have committed risk management practices demonstrating superior mitigates exposures and claims costs. The underwriting guidelines reflect this shared goal.

  • Minimum Premium required is $200,000
  • Eligible states: Nationwide
  • Risk must be in business for a minimum of five year unless there is written verification of prior management experience in similar business
  • The account’s five-year loss ratio must be less than 50%
  • Submission Requirements:
    • Acord application
    • Supplemental application/H2A Supplemental (or written confirmation no H2A exposure)
    • Employee Concentration Information (Employee Count per location and additional information for locations with over 100 employees)
    • WC experience modification worksheets
    • 5-year historical payroll and premium
    • 5-year loss runs currently valued within 90 days of effective date
    • Written description of any individual loss greater than $50,000, including nature of injury, cause, current status and description of what has been done to avoid a similar type of loss from re-occurring; data provided should be valued within 90 days of the policy’s effective date.
    • Two most recent years financials, audited preferred
    • Narrative describing the insured, their operations and risk management program.
  • Risks that have been cancelled or non-renewed due to non-payment of premium in the past year are not eligible.
  • Any risk that has filed for bankruptcy in the past 5 years is ineligible.
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