Birmingham, AL – May 31, 2019
Alabama Self-Insured Worker’s Compensation Fund (THE FUND) is pleased to announce the launch of a new program with the Alabama chapter of Associated Builders and Contractors, Inc. (ABC). This uniquely designed program, ConstructaComp, is set to launch June 1, 2019, and will enable brokers to build upon their relationship with both organizations to experience even greater benefits for both themselves and their clients.
ABC members who participate in this program will be able to realize increased safety outcomes and ultimately lower costs for their workers’ compensation coverage by working with one of the largest self-insured workers’ compensation funds in the state that is laser focused on reducing losses and improving workplace safety.
“THE FUND is excited at the prospect of bringing our proven workers’ comp solutions to the clients represented by the brokers of ABC,” said Freda Bacon, Administrator for THE FUND. “We want to be aligned with businesses who think the safety of their employees is as important as we do and we look forward to all this new program will bring.”
“The ABC Board of Directors understood that our association needed to explore a workers’ compensation program in order to provide more benefits and greater value to our membership,” said Jay Reed, President of ABC. “Developing a program with THE FUND was the obvious choice. Based on their past performance over 40 years in business, it was clear, THE FUND gets it and understands our industry. By capitalizing on the safety performance and work ethic of our ABC membership along with the best-in-class safety and loss control efforts of THE FUND, we know we will generate a program where everyone wins.”
“For more than 30 years, the Business Council of Alabama has worked to improve the business climate in Alabama,” said Katie Boyd Britt, BCA President and Chief Executive Officer. “We are looking forward to forging a stronger relationship with ABC and its members as we all continue to improve the opportunities for growth in our state.”
At the launch date of this exclusive program between THE FUND and ABC, THE FUND will begin accepting new applications for coverage.
About ASI (THE FUND)
As THE FUND that Alabama employers have turned to for their workers’ compensation coverage for more than 40 years, we deliver commitment and consistency—without compromise. We are an Alabama-based company focused solely on workers’ compensation coverage needs. From Huntsville to Mobile, and everywhere in between, we know our community and the employers and employees we serve. THE FUND is committed to promote and develop strategic workers’ compensation products and solutions that benefit member employers in Alabama, ultimately increasing safety outcomes and reinforcing our reputation as the provider of choice.
Associated Builders and Contractors of Alabama is a part of a national construction industry trade association representing more than 21,000 members. ABC Alabama has more than 600 members across Alabama’s 67 counties. Based on the merit shop philosophy, we promote and defend free-enterprise. We help our members develop people, win work and deliver work safely, ethically and profitably for the betterment of the communities in which they work. From best-in-class safety programs to discounts with leading vendors, ABC has the solutions for merit-shop companies nation-wide.