FORT LAUDERDALE, Fla., May 29, 2014 /PRNewswire/ -- Patriot Underwriters, Inc. (PUI), a leading provider of workers' compensation insurance solutions headquartered in Fort Lauderdale, Florida, is excited to announce their partnership with Scottsdale Insurance Company. Scottsdale is rated A+ XV (Superior) by A.M. Best and is owned by Nationwide Mutual Insurance Co. (Nationwide). Under its agreement with Scottsdale, Patriot will serve as a program administrator with defined underwriting and claims responsibility. This program, which focuses on select classes of risk, will be rolled out around the nation.
"As we continue to grow our product base, we are looking forward to our new partnership with Patriot Underwriters, Inc.," said John Goodloe, Senior Vice President- Brokerage at Scottsdale Insurance Company. "They are market leaders in workers' compensation insurance and bring a wealth of knowledge and expertise to the partnership. This, in combination with Scottsdale's financial strength and stability, provides an ideal solution for workers' compensation needs."
Patriot's growth model calls for strategic alliances with partners, such as Scottsdale, that share Patriot's dedication to providing an excellent insurance product and industry leading customer service. This will be Patriot's third partnership with an A-rated insurance carrier.
John Rearer, President of Patriot Underwriters, Inc. said, "We are very excited about our relationship with Scottsdale. Scottsdale has a proven track record, a recognizable name, A+ rated paper, and is well known in the marketplace. We are extremely pleased that Scottsdale has chosen Patriot as a partner in this program that exclusively writes workers' compensation insurance. Patriot's unique claims-handling model and expertise in workers' compensation insurance adds value to our current and future program arrangements with Scottsdale."
About Patriot Underwriters, Inc.
Patriot Underwriters produces, underwrites and administers alternative market and traditional workers' compensation insurance plans for insurance companies, segregated cell captives and reinsurers.
About Scottsdale Insurance Company
A wholly owned subsidiary of Nationwide® Insurance, Scottsdale Insurance Company® (www.scottsdaleins.com) benefits from the backing of one of the largest insurance and financial service providers in the United States, an A.M. Best Rating of A+XV (superior) and a Standard & Poor's "A" rating. As part of an industry leader with impeccable financial strength and stability, Scottsdale Insurance Company provides its customers with exceptional experiences based on mutual respect and trust
- workers' compensation insurance