Building on its specialty underwriting expertise, Verist continues to expand its Workers’ Compensation offering with a dedicated solution for retail and wholesale organizations.
New York, NY – July 2026 – Verist is pleased to announce the launch of a new Retail & Wholesale Workers’ Compensation industry vertical, further expanding the company’s specialty insurance offerings and reinforcing its commitment to delivering industry-focused underwriting solutions supported by exceptional service.
The new program is specifically designed for retail and wholesale businesses seeking a partner that combines disciplined underwriting with proactive risk management and responsive claims handling. The Retail & Warehouse Workers’ Compensation platform is designed for middle-market and large middle-market commercial organizations with a minimum Guaranteed Cost or Guaranteed Cost Equivalent premium of $250,000. Verist’s underwriting appetite includes well-managed businesses such as regional and national retail chains, department and specialty retailers, home improvement retailers, and grocery and food retail operations.
Unlike traditional Workers’ Compensation offerings, Verist’s approach extends well beyond the insurance policy. Clients will benefit from an integrated service model that brings together underwriting expertise, advanced risk advisory capabilities, and an enhanced white-glove service experience designed to help reduce losses, improve workplace safety, and strengthen overall operational performance.
As part of the program, clients will have access to RiskSphere, Verist’s integrated risk advisory platform, providing actionable insights, benchmarking, loss trend analysis, and customized risk improvement strategies. RiskSphere is designed to help organizations proactively identify emerging exposures, strengthen workplace safety, and make more informed risk management decisions.
The new industry vertical is also supported by Verist’s dedicated claims team, delivering the company’s signature enhanced white-glove service throughout the life of a claim. Clients receive proactive communication, experienced claims professionals, coordinated return-to-work strategies, and a collaborative approach focused on achieving favorable outcomes for injured employees and employers alike.
“Retail and wholesale organizations face unique workforce challenges, evolving operational risks, and increasing pressure to control Workers’ Compensation costs,” said Michael Chang, Chief Executive Officer of Verist. “By combining specialized underwriting with RiskSphere, dedicated claims expertise, and our enhanced white-glove service, we’re delivering a comprehensive solution that helps our clients better manage risk while supporting their long-term business objectives.”
The expansion reflects Verist’s ongoing strategy of developing specialized insurance solutions for targeted industries where underwriting expertise, data-driven insights, and service excellence create meaningful value for clients and broker partners.
“Our goal has always been to be more than an insurance provider,” said Edward Chiang, President of Verist. “We strive to be a trusted partner that helps clients improve workplace safety, reduce claim frequency and severity, and navigate an increasingly complex risk environment. The addition of our Retail & Wholesale industry vertical is another important step in that journey.”
The Retail & Wholesale Workers’ Compensation product offering is now available through Verist’s appointed broker network.
For further information, please reach out to: Adam Bergen, Verist Head of Distribution and Business Development abergen@veristinc.com
About Verist Inc.
Verist Inc. (d/b/a Verist Insurance Services in the States of California and Florida) (“Verist”) is a general agent with its principal place of business in Portsmouth, New Hampshire (CA license #: 0660690). Verist underwrites insurance business on behalf of certain non-affiliated insurance companies subject to pre-approved underwriting guidelines. Verist is licensed as a property casualty insurance agency in all states in which products are offered. Availability and qualification for coverage, terms, rates and discounts may vary by jurisdiction. Policy obligations are the sole responsibility of the issuing insurance carrier. Coverage under any insurance policy is subject to the terms and conditions of that policy and is ultimately the decision of the buyer. Verist receives commission and/or additional compensation from its insurance company partners and vendors in connection with its sale of insurance to you. Verist is owned by United Risk Global®; an international property and casualty insurance underwriting and distribution platform independently owned and operated by its practice partners and affiliated with Applied Underwriters operationally and through its common and powerful brand identity.