Insurance Business America (IBA) Magazine recently awarded Berkshire Hathaway GUARD Insurance Companies its Five-Star Excellence Award in Worker’s Compensation.
To select award recipients, IBA enlisted the expertise of the industry’s top experts. Throughout a 15-week process, IBA conducted one-on-one interviews with specialist brokers and surveyed thousands more to gain a keen understanding of what insurance professionals think of current market offerings. Brokers were first quizzed on what features they thought were most important in worker’s compensation policies, and then asked how the insurance providers they dealt with rated on those attributes.
IBA based its selection on criteria that included claims handling, underwriting expertise, competitive pricing, and ease of doing business. Carriers were measured on the strength of their relationships with brokers, ability to handle claims, underwriting expertise and, most importantly, the strength of the individual products they provide.