Since 1982, Georgia Branch, AGC has successfully operated one of the state’s longest running self-insured workers’ compensation trust funds. Based on member feedback and a desire to better reflect the changing marketplace, the Chapter initiated a comprehensive planning process to convert its self-insured trust fund called CompTrustAGC of Georgia to a mutual captive. The Georgia Department of Insurance approved this conversion effective January 1, 2008, and the new program operates under the name of CompTrust AGC Mutual Captive Insurance Company (MCIC). This conversion eliminates the joint and several liability clause and creates the opportunity for out of state coverage which is especially attractive to many Chapter members doing business in multiple states.

Currently, 169 Chapter members are participants and enjoy the benefits of CompTrust AGC MCIC. It has an annual premium of approximately $12 million and more than $25 million in investments. During 10 of the past 11 years, over $18.9 million in dividends have been returned to program participants in large part due to their strong safety programs, fewer jobsite incidents and fewer claims. In 2007, a $1.8 million dividend was declared for distribution in 2008 making this a powerful investment opportunity for Chapter members. This program is administered by Affinity Service Group (ASG), a wholly-owned subsidiary of Georgia Branch, AGC formed in 1999.

The program's mission is to offer a stable source for workers' compensation insurance for Georgia Branch, AGC members who are committed to long-range participation and effective loss control. CompTrust AGC MCIC provides effective and efficient administration, total claims management and professional safety services.

To learn more about how you or your agent can receive a competitive quote from CompTrust AGC MCIC, please contact Lisa Wood at 678.298.1884.