About SeaBright Insurance Company
SeaBright has over 25 years' experience with workers' compensation insurance. Our exclusive focus in this area has made us an expert at developing products and services for a range of industries - from energy, maritime and other high hazard operations to retail, health care, and manufacturing exposures.
To streamline our customers' policy administration and help them avoid litigation, we cover cross-state, multi-jurisdictional exposures in a single policy. We're also one of the few workers' compensation insurers with a specialty in U.S. Longshore and Harbor Workers' Compensation Act (USL&H), and Jones Act/Maritime Employers' Liability (MEL) exposures. In fact, we have one of the most knowledgeable groups of maritime claims examiners in the country, with an average 24 years' experience handling claims and complying with related state and federal regulations.
In addition, our high-touch approach to safety improvement, lighter-than-average claims case loads, pioneering Medical Management program, and network of carefully selected medical providers have helped us outperform the claims-closing rate of the 10 largest workers compensation insurers in California.1 Wherever the policyholder, our goal is to help each one meet its workers' compensation insurance mandate with the best possible coverage, supported by exceptional services and one of the most expert staffs in the industry.
SeaBright Insurance Company, a subsidiary of SeaBright Holdings, Inc.(SBX), is based in Seattle, Washington, with service offices nationwide. We are licensed to write workers' compensation insurance in 49 states, the District of Columbia, and Guam. A.M. Best, the credit-rating standard for the insurance industry, has given us an A- (excellent) IX rating for financial strength.2
1From a study by the California Workers' Compensation Institute for the state of California, where claims represent 20 percent of the U.S. insurance business. Claims-closing performance data comes from Schedule P, Part V, from the annual statements of the top 10 private workers compensation insurance underwriters, as measured by premiums written. For subsidiaries of holding companies, the aggregate data for all held companies was used.
*2A.M. Best ratings range from "A++" (Superior) to "F" (In Liquidation), and ratings from "A++" to "B+" are considered "Secure."