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FirstComp Insurance Company

FirstComp Insurance Company was established in 1997 by Luke Yeransian, CEO, FirstComp’s mission was to better meet the Workers Compensation market needs of small and medium sized businesses using local insurance agents. Since its inception, the company has grown to a family of more than 4,500 independent insurance agencies in 25 states, with headquarters in Omaha, Nebraska and operations in Warwick, Rhode Island. The success of the company can be traced to efficient, accurate underwriting that is unmatched in the industry, knowledgeable local sales representatives available to handle training and service, and professional policyholder and claims customer service.
 
Their adjusters make timely contact to conduct a thorough investigation claims and handle each case expediently and proficiently. Their claims professionals have the expertise and knowledge to provide superior service to and management of, both medical and lost time claims. They strive for and achieve standards well above the industry average by utilizing both rigorous investigation and expedient claims handling. Their paperless system allows their adjusters to have information at their fingertips, which enables immediate contact and response with their claimants. They have been rewarded for this diligence with strong underwriting results and, most recently, receipt of the 2002 Outstanding Performance Award for Claims Handling from the Arkansas Workers' Compensation Commission.
 
At FirstComp, they continue to maintain the highest level of service not only in the underwriting process, but also throughout the life of a policy. Once an account is bound, they issue and policies FirstComp also offers a smooth and simple renewal process using Renewal Certificates streamlining the work for the agent all other policy forms remain the same. Once payment is received in their office, the Certificate becomes a policy.
 
 
 

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