New Business Submission Guide for Agents

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GOALS OF THIS GUIDE

New business submissions are a vital part of our partnership in elevating Louisiana. We want our agent partners to be successful, profitably growing your book of business with LWCC. Using this New Business Submission Guide will provide the best opportunity for winning new business for your agency and fostering great relationships with your Underwriters.


Pre-Submission

  1. Complete ACORD 130 Application
  2. Build the company narrative and description of operations
  3. Use the Class Code Questionnaire Tool in Interactive to discover which risk-specific questions will be asked upfront
  4. Request loss runs
  5. Request NCCI E-Mod (if company qualifies and is rated)


When can I submit an application?

LWCC accepts submissions 120 prior to the effective date. Logging in to CompZone will display the earliest effective date on which you can complete an application.


How can I submit a new application?

LWCC offers several options for submitting a new business application.

  • Enter the application online in CompZone
  • Email the ACORD Form to application@lwcc.com



What do I need to submit in order to get a quote?


Required Information

At a minimum, the following information is needed to for LWCC to provide a quote. Please note at this time LWCC is unable to upload E-mod information.


  • Completed ACORD 130 application, including description of operations in the “Nature of Business” field
  • Answers for the risk-specific supplemental class code questions
  • Loss runs for the previous 5 years, valued no later than 120 days prior to the date of submission
  • Details for any losses greater than $10,000 incurred
  • Summary of premiums paid and losses incurred for the most recent 5 years
  • Currently valued NCCI Experience Modifier Worksheet (if applicable)

Supplemental Information

Additionally, supplemental information may be provided that will enable us to further understand any unique or non-standard aspects of the risk you’re seeking coverage for. This information is not required, but can be valuable in ensuring the most appropriate pricing for the submission, and you might already be providing it to carriers for other lines of coverage.

Detailed company narrative that can include:

  • Company history
  • Description of work performed and typical customer
  • Photos of company premises and/or samples of job sites

Company brochures or flyers

Information about safety policies and procedures:

  • Safety manual(s)
  • Evidence of safety meetings/education
  • Inspection reports relevant to premises or worker safety, and any pertinent actions taken

Any other supplemental information that would help your underwriter what the applicant does and how they might be differentiated from others in their industry.

Log in to CompZone through LWCC Interactive to start an application today.

Self Evaluation Safety Survey Sign up

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