Expanding Worker’s Compensation Coverage
Baton Rouge, LA – Stonetrust enters Iowa and Georgia, offering employers reliable workers’ compensation coverage starting October 1st, 2022. This expansion follows the company’s recent Financial Strength Rating (FSR) upgrade to A- Excellent by AM Best. With this move, Stonetrust continues to grow its “First Choice” brand, providing businesses in new states with trusted insurance solutions and strong support through agent partnerships.
“We are excited to begin writing coverage in Iowa and Georgia and look forward to growing our ‘First Choice’ brand in both states,” said Michael G. Dileo, CEO and President. “This is a natural step in our expansion strategy, and we believe our commitment to excellent service and strong agent relationships will make a positive impact for employers in these markets.”
Stonetrust enters Iowa and Georgia as part of its broader regional growth strategy, extending its reliable workers’ compensation and employers’ liability coverage to new businesses. The company has a strong presence throughout the Southeast and recently expanded into Alabama and Kansas in 2021. By entering these new states, Stonetrust aims to bring its reputation for reliability and service excellence to employers in construction, wholesale, retail, manufacturing, and service-related industries.
The company emphasizes building strong relationships with agent partners, ensuring that businesses receive personalized support and guidance throughout the insurance process. Stonetrust’s expansion is part of a broader growth strategy designed to serve more employers while maintaining high standards of service, competitive rates, and compliance with state regulations.
About Stonetrust
Founded in Nebraska, Stonetrust Workers’ Compensation Insurance Company offers coverage in twelve states, providing businesses with comprehensive workers’ compensation insurance solutions. The company continues to prioritize quality service, strong agent relationships, and coverage that meets the specific needs of employers in multiple industries.
For more information about establishing an agency partnership in Iowa or Georgia, contact:
Rachel Kight, Underwriting Production Manager
Phone: (225) 201-8073
Email: rachel.kight@stonetrustinsurance.com
For information about establishing an agency partnership with Stonetrust in Iowa or Georgia, please contact us.