Stonetrust Workers' Compensation Expands into New Market
Stonetrust Commercial Insurance Company, known for its high ratings with AM Best, has announced an exciting new expansion of its operations into North Carolina. This significant step allows Stonetrust to reach new clients and serve businesses across 13 states. With this growth, Stonetrust aims to strengthen its position in the workers' compensation insurance market.
Commitment to Growth and Service
Michael G. Dileo, the President & CEO of Stonetrust, expressed great enthusiasm about this expansion. He noted, "This move reflects our continued commitment to steady, profitable growth. Our goal is to deliver superior workers' compensation solutions to businesses navigating multi-state operations." Stonetrust is determined to introduce its underwriting expertise and exceptional claims management as it ventures into this new territory.
Opportunities for Independent Agencies
To facilitate the expansion, Stonetrust is now accepting submissions from independent agencies in North Carolina. These agencies will be instrumental in helping Stonetrust establish a local presence and offer competitive workers' compensation products. Effective from January 1, 2026, Stonetrust will reward any new business written with a 25% commission, showcasing its dedication to building strong partnerships within the state.
How to Collaborate with Stonetrust
Independent agencies interested in partnering with Stonetrust for this exciting opportunity can reach out for an appointment. This initiative is a fantastic opportunity for agencies looking to expand their service offerings and work with a company known for its expertise in workers' compensation insurance.
About Stonetrust Commercial Insurance
Headquartered in Baton Rouge, Louisiana, Stonetrust is a regional insurance company specializing in workers' compensation and employers' liability insurance across the Midwest and Southeastern United States. The company provides comprehensive statutory workers' compensation coverage for employers of all sizes, focusing on essential sectors such as construction, wholesale, retail, manufacturing, healthcare, and various service-related industries.
Contact Information
For more information about Stonetrust and its products, potential clients and agencies can reach out to Joseph McCormick, Vice President of Sales & Marketing, at (225) 201-8049. Stonetrust is excited to engage with the business community in North Carolina and looks forward to forming valuable partnerships.
Frequently Asked Questions
What is Stonetrust's recent expansion about?
Stonetrust is expanding its operations into North Carolina, enhancing services for businesses in that region.
When will Stonetrust start accepting submissions from North Carolina agencies?
Stonetrust will begin accepting submissions from appointed agencies effective January 1, 2026.
What commission will agencies receive for new business?
Agencies will receive a 25% commission on any new business written with a January 2026 effective date.
What types of businesses does Stonetrust serve?
Stonetrust provides workers' compensation insurance for various sectors, including construction, retail, and healthcare.
Who can I contact for more information regarding Stonetrust?
Joseph McCormick, the Vice President of Sales & Marketing, can be contacted at (225) 201-8049 for inquiries.
