Carrier Appetite / FirstComp
Carrier Appetite Detail

FirstComp

Carrier website links, underwriting access points, mapped product lines, and appetite notes in one place.

Reviewed Mar 30, 2026
Last Changed Mar 30, 2026
Country US

This appetite summary is only a guide. Confirm eligibility, submission requirements, restrictions, and binding authority directly with the carrier or underwriter before relying on it.

Product Lines
Employers Liability (part of WC policy) Workers Comp
Details

Carrier appetite summary

Carrier/branding: FirstComp Insurance Company operates as part of Markel’s small business workers compensation platform, focused on guaranteed‑cost WC and employers liability for small to mid‑sized employers in multiple states.([myportal.dfs.ny.gov](https://myportal.dfs.ny.gov/companydirectory/svas_det.jsp?filekey=dir&frst=dir_srch_optiono&search_type=cpat_num&search_value=10030&source=o&utm_source=openai)) Preferred / target business: - Small commercial accounts written through independent agents; Markel emphasizes small business workers comp, including "mom and pop" up through larger small‑business operations. - Risks that fit within Markel’s standard workers comp class‑code and eligibility rules by state, as defined in the API/portal (class code eligibility, owner/officer rules, and employee liability limits are all controlled there).([markel.com](https://www.markel.com/us/commercial/small-business/workers-compensation?utm_source=openai)) - Accounts with stable operations, conventional payroll structures, clear ownership/officer disclosures, and clean safety records; Markel publicly highlights safety programs and risk management focus as part of underwriting and pricing. Restricted or declined classes (operational expectations): - Monopolistic‑fund states (ND, OH, WA, WY) are not written on a voluntary basis; placements in those states must follow state fund rules with separate employers liability as needed (Markel/FirstComp follows standard industry practice; check state‑specific eligibility rules in the portal). - High‑hazard, loss‑heavy, or non‑standard classes may be outside appetite or require referral; Markel’s culture is to walk away from risks that do not meet profitability targets.([developer.markel.com](https://developer.markel.com/workers-compensation?utm_source=openai)) - Owner/officer‑heavy accounts, uninsured subcontractor exposure, or unusual employee arrangements are governed by detailed owner/officer rules and underwriting questions in the WC portal; agents should expect additional scrutiny or ineligibility where state rules or Markel guidelines limit exclusion or payroll treatment.([developer.markel.com](https://developer.markel.com/workers-compensation?utm_source=openai)) Geographic notes: - FirstComp (Markel) writes workers compensation for small and mid‑sized businesses in a multistate footprint, with FirstComp identified in filings as active in approximately 20+ states; exact eligibility, limits, and owner/officer rules vary by state and are controlled in the workers comp portal content.([insurance.mo.gov](https://insurance.mo.gov/sites/insurance/files/market-regulation-action/FCIC717.pdf?utm_source=openai)) - Producers must confirm state availability and any state‑specific rules (e.g., residual/joint underwriting associations, carve‑outs) at time of quote. Submission & underwriting process: - Submissions are routed through Markel’s workers compensation platform; appointed agents can access rules, questions, and eligibility programmatically via the WC API or via the corresponding producer portal.([developer.markel.com](https://developer.markel.com/workers-compensation?utm_source=openai)) - Underwriting rules are class‑ and state‑driven: the WC developer page references class code eligibility/descriptions, required underwriting questions, and state‑specific owner/officer treatment and liability limits. Agents should be prepared to supply: - Accurate class codes and full description of operations - Complete ownership/officer details and requested inclusion/exclusion elections - Payroll by class and state, number of employees, and years in business - Loss history as requested per Markel program standards - Markel positions itself as providing fast quotes for in‑appetite small business WC, supported by API‑based rating/eligibility where integrated.([markel.com](https://www.markel.com/us/commercial/small-business/workers-compensation?utm_source=openai)) Broker / producer notes: - Distribution is via independent agencies; Markel emphasizes working directly with appointed agents on all workers compensation submissions, even when other lines are moved into program partners.([kandkinsurance.com](https://www.kandkinsurance.com/markel-agents?utm_source=openai)) - Agents should use Markel’s workers comp portal or API tools to pre‑screen class and state eligibility and to understand owner/officer rules before marketing, to avoid off‑appetite submissions. - Markel is disciplined on profitability and may non‑renew or decline accounts that fall outside its risk and pricing standards; expect underwriting to be firm on safety, fraud indicators, and accurate underwriting information. Practical takeaways: - Think of FirstComp as Markel’s branded WC carrier for small and lower‑middle‑market risks written through independent agents. - Start every submission with a portal/appetite check for state and class eligibility; follow the portal’s owner/officer and liability‑limit rules closely. - Prioritize clean small‑business risks with straightforward operations, good safety culture, and reliable payroll and loss information for best fit and quickest turnaround.