May 2, 2022

Method Insurance achieves industry milestone - reaching $100M inforce premium.

NASHVILLE, TN (MAY 4, 2022) - Salus Workers' Compensation, LLC (Salus), a portfolio of workers’ compensation companies with the same mission: minimizing the human and financial cost of workplace injuries, announced that their in-house MGA, Method Insurance, has achieved $100 million inforce premium. The result of multiple teams collaborating, this accomplishment serves as proof of the value of Salus’ comprehensive risk management solution.

"When Salus acquired Method in 2019, we set a goal to be at $100 million inforce premium by the end of 2022. We’ve hit that mark six months early!" shared Method's President, Greg Donsbach."

Salus’ Board of Directors were quick to acknowledge the tremendous effort, commenting, "We recognize that reaching this important milestone took the coordinated effort of each employee. This is a testament to the talent of our associates, valued distribution, and carrier partners. We appreciate the value that each and every one of them create."

Reaching $100M inforce premium is evidence of the "strength and stability of our team and the company," said Julie Richt, Method’s Executive Vice President of Revenue. She added, "We set out to provide policyholders with an exclusive workers' compensation product offered through a limited distribution network. To now reach $100M demonstrates that both agents and insureds recognize that our total cost of risk strategy is very much needed and valued. We're honored to work with agency partners who see our vision and believe in the value of Method."

While the company is celebrating such a significant feat, the Salus portfolio of workers’ comp companies are just getting started. "We’re making moves while staying disciplined to write profitable business going forward," Donsbach shared while commenting on future plans for the company. Richt added, "We’ll continue growing strategically with our agency partners, both existing and new, to provide excellent service throughout the life of their client's policy. How we onboard new policyholders, how we help them develop effective safety practices, and how we manage claims are all because we’re invested in their success."

With this milestone realized, the future looks brighter than ever for Salus. “We will continue investing in next-level services. Our commitment to excellence will shine through in 2022 with our premium achievements, claims performance, and technological enhancements. We will continue to provide top-of-the-line programs that benefit agents and their clients on our way to our next milestone,” shared Richt.

Ultimately, this speaks to the shared purpose of Method Insurance and Salus Claims Management: Salus’ founder and CEO, Dr. Richard Rehm, expressed the vision this way, "Everything we do comes down to benefiting the people we care for. When we efficiently manage the highest quality of care for injured employees, we drive financial benefit for everyone. The fact that we've achieved such a significant goal in such a short time proves that we are providing the quality that we've set out to. I'm so proud of what we've built together, not only since our founding in 2018, but what we've been able to accomplish every day since."

About Salus

Founded by pioneers in the occupational medicine industry, Salus’ mission is to mitigate workplace injuries and deliver exceptional healthcare outcomes for injured workers, in turn expediting a return to work, preserving families’ economic livelihoods, and enhancing employers’ productivity. Salus is headquartered in Nashville, Tennessee with offices in Austin, Texas; Dallas, Texas; Las Vegas, Nevada; and Omaha, Nebraska.
Salus is a WP Global Partners, Inc. portfolio company.
To learn more, visit: https://www.salusworkerscomp.com.

About Method

Method is the managing general agency ("MGA") of the Salus family of workplace injury products and services. Method has extensive experience in all aspects of program management and a broad appetite for high-hazard, high-mod, mid-market risks.
To learn more, visit https://www.methodinsurance.com.