Workers' Compensation
Workers’ Comp Built for Connecticut Manufacturers
The CBIA Workers’ Comp Program is designed exclusively for Connecticut manufacturers in the metal, plastic, and electronics sectors. This competitively priced insurance solution is available to manufacturers with specific class codes and meets all state coverage requirements for qualifying manufacturers.
Built-in Cost Savings
The program, owned by policyholders, offers a significant cost advantage compared to Workers’ Compensation insurance obtained from commercial insurers. Profits are utilized to lower premiums rather than to compensate shareholders or investors.
The program features a loss-sensitive dividend payment, which rewards participating companies for prioritizing workplace safety and effectively managing their losses, allowing them to share in the profits.
Safety & Loss Control Resources
Free safety and loss control resources are available to all members of the program and include:
- Safety & Health Program development
- Accident / Injury investigation
- Hazard Identification and Assessment
- Hazard Prevention and Control
- Interpretation of OSHA standards
“CBIA Workers’ Comp rates have always been very competitive. And their managed care and onsite loss control services have been valuable tools for us!”
CBIA Comp Services is a mutual company owned by its insured members, designed to help Connecticut manufacturers lower and stabilize their workers’ compensation costs. The program is administered by FutureComp, a wholly owned subsidiary of USI Insurance Services.
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CBIA IS FIGHTING TO MAKE CONNECTICUT A TOP STATE FOR BUSINESS, JOBS, AND ECONOMIC GROWTH. A BETTER BUSINESS CLIMATE MEANS A BRIGHTER FUTURE FOR EVERYONE.