Kinetic broker FAQ

Kinetic markets and underwrites for Nationwide Mutual Insurance Company, rated A (Excellent) by AM Best with a Financial Size Category XV.

Kinetic offers unique coverage and rates through Nationwide’s National Casualty Company, separate from their direct channel. We offer cutting-edge safety technology at no extra cost, with every competitively priced policy.

No, Kinetic does not seek to write policies for current Nationwide Direct clients or other Nationwide E&S program managers writing on National Casualty paper.

Nationwide's workers' compensation coverage is available in all non-monopolistic states.

Nationwide handles services directly. Aspects of premium audits and claims may be managed by TPA’s on a jurisdictional basis. In these rare instances, the TPA relationship will be coordinated by Nationwide.

Reliable Premium Finance, a Nationwide Insurance Company vendor, facilitates the PayGo 0% deposit billing feature.

Yes, Nurse Triage is provided by Nationwide and managed by Mitchell | Genex | Coventry for certain components. View injury reporting and claims info for nurse triage.

- Pay-As-You-Go: 0% deposit, $100 one-time setup fee, $15 per pay period
- Annual: Full premium paid upfront
- Semi-Annual: 50% deposit
- Quarterly: 25%, 35%, or 40% deposit options
- 10-Pay: 10%, 25%, or 35% deposit options
- 12-Pay: 8.7% deposit

Need a resource to explain Pay-As-You-Go? We've got you covered.

Dividend-endorsed policies may be eligible for dividend payment on policies $100k or greater in premiums at inception and confirmed at audit, which have a loss ratio within the eligible range based on premium strata. If there are no open claims at month 18 after policy inception, 100% of the dividend will be paid. However, if there are open claims, 50% will be paid. 30 months after policy inception, so long as the loss ratio remains within the eligible range, and there are no open claims, the other 50% of the payment will be paid to the insured. The policyholder must be an active policyholder to receive payment. If the loss ratio at the second snapshot is outside eligibility and/or there are open claims, the insured will not forfeit their first dividend payment. Also, if the loss ratio improves at the second snapshot, the policyholder may be eligible for a higher dividend payout.

Payments can be made by check or online via wire or ACH. Credit card and phone payment options are not available.

Pay-As-You-Go policyholders may pay by credit card.

Kinetic is a wholesaler for Cimarron Insurance rated A (Exceptional) by Demotech.

Cimarron's workers' compensation coverage is available in the following states:

- NCCI: AL, AZ, AR, CO, DC, FL, GA, IA, KS, KY, LA, MD, MS, MO, MT, NE, NV, NM, OK, SC, SD, TN, UT, and VA
- ICRB: IN
- NCRB: NC

Yes, Cimarron uses a TPA for claims handling; Gallagher Basset.

Reliable Premium Management facilitates Pay-As-You-Go billing.

Yes, a triage nurse is provided by Gallagher Bassett. View injury reporting information here. 

Pay in full

 - Annual: Full premium paid upfront

Installments

Pay by check or EFT.

- 10-Pay: 15% or 25% deposit options

- 11-Pay: 25% deposit

Pay-As-You-Go

$100 one-time setup fee, $15 per pay period

- Monthly: 0% deposit (Available for Amazon DSPs only)

- Monthly: 10%, 15%, or 20% deposit 

View the Pay-As-You-Go brochure.

 

Commissions are earned based on paid premiums and issued one month in arrears, typically on or before the 25th of the month. Payments can be made via ACH or check, with commission statements sent separately.

Pre- and post-sales support including marketing materials, policyholder onboarding, and in-house claims management and loss control help you deliver an exceptional experience to your clients.

No, Kinetic does not have a maximum experience modifier.

While Kinetic focuses on specific industries, we’re open to exploring new sectors where our Injury Reduction Platform can add value.

The minimum manual premium is $50,000.

Kinetic does not write for new ventures or accounts with gaps in coverage. We will consider mid-term moves on an exception basis only.

Yes, Kinetic offers Guaranteed Cost, and Small or Large Deductible policies, depending on the state.

Submissions can be sent 120 days before the policy effective date. Email them to submissions@kineticcomp.com. Incomplete submissions won't be reserved.

To reserve an account, please submit:

- ACORD 130 
- Current and 3 prior policy periods of loss runs
- Kinetic Supplemental 
- Ex-mod worksheet (required for all parcel submissions, requested for other industries)

 

Note: The risk must have 3 years of business experience and workers’ comp coverage.

Kinetic does not accept broker of record (BOR) or broker of service (BOS) requests.

Yes, the Reflex wearable device is available–at no additional cost–to all Kinetic policyholders. Policyholders also benefit from our injury prediction and injury management technology. 

No, while we highly recommend policyholders implement the Reflex wearable device to protect their employees and reduce injury claims, they are not required to do so.

Yes, retail agents can sell devices directly. Contact your territory business development manager for details.

Yes, our unique Rapid Return-to-Work program is available to all policyholders. Our program helps policyholders reduce indemnity and medical costs, and accelerates claim resolution through controlling 'lost work time'.