Safety & Dividend Programs

If you are one of the many companies or organizations that has implemented safety programs that yield reduced loss ratios and fewer claims, you may be interested in participating in a Safety Dividend Program. These opportunities allow for premium discounts and/or actual financial returns, or dividends, based on the profits of the insurer or the loss ratio of a set of participants within a safety group formed from within the insurer’s policyholder ranks.

Evans, Pires & Leonard offers safety dividend program opportunities in multiple lines, including property, liability, commercial auto, and workers compensation.

Many industry associations have negotiated safety dividend benefits with insurers, and we can place that coverage for you. Consult your trade association or ask us—we might have their information at hand.

Although dividends are discretionary, many insurers construct programs with specified, pre-set returns based on loss ratios, profits or other parameters. In the past few years, even though some insurers had overall losses because of bad weather, rising medical costs or greater claims payouts, they were still able to return dividends to their safety groups because of excellent loss ratios in those targeted segments.

If you take safety seriously and are interested in reaping some financial reward from those efforts, talk to an Evans, Pires & Leonard advisor about opportunities you might have to participate in a safety group or a safety dividend program.

What business says no to cash back?

With Evans, Pires & Leonard, you’re not a policy to us. We create a relationship with our customers through earned trust, integrity, experience, and knowledge. Give us a call at 888.776.2932 or email us, or if you prefer fill out and return the convenient form on this page. One of our professionals will contact you to discuss your insurance needs and our alternative solutions in helping to protect you. Since 1967, we have been serving the communities from Tolland to Glastonbury to Portland and Old Saybrook.