EverPeak Insurance Bolsters National Reach with Strategic Acquisition of Method Insurance
In a bold stride toward dominating the workers’ compensation market, EverPeak Insurance announces its acquisition of Method Insurance. This move promises to deliver game-changing solutions for brokers serving America’s diverse business landscape.
The Acquisition Unveiled
EverPeak Insurance, a dynamic subsidiary of Pinnacol Assurance, has officially acquired Method Insurance, a leading managing general agent (MGA) specializing in workers’ compensation. The deal, revealed on September 9, 2025, aims to supercharge EverPeak’s national broker solutions. It targets employers grappling with complex, multi-state operations in an era of evolving workforce demands.
This acquisition isn’t just a merger of entities—it’s a fusion of expertise. Method Insurance brings its proven track record in underwriting and risk management to the table. EverPeak, in turn, leverages its robust backing from Pinnacol Assurance, a powerhouse with nearly 110 years in the insurance game.
Background on the Key Players
EverPeak Insurance emerged as a forward-thinking workers’ compensation provider. It focuses on small businesses and high-risk sectors, recently launching in 14 states and expanding into Tennessee. The company partners with digital innovators like Attune to streamline insurance delivery through tech-driven platforms.
Method Insurance, on the other hand, stands out as an agile MGA. It caters to virtually any employer type, offering tailored workers’ comp policies that adapt to modern, dispersed workforces. Founded to bridge gaps in traditional insurance, Method has built a reputation for innovative, broker-friendly services.
Pinnacol Assurance, EverPeak’s parent, anchors the operation with its A-rated financial stability. This Colorado-based giant insures over 55,000 businesses and processes claims for more than 300,000 workers annually.
Strategic Benefits and Synergies
The acquisition equips EverPeak with expanded coverage options. Brokers now gain access to a seamless, nationwide workers’ compensation suite. This complements EverPeak’s existing tools, making it easier to handle multi-state risks without the hassle of fragmented providers.
For Method’s clients, the shift means enhanced underwriting powered by EverPeak’s advanced pricing models. The combined entity will prioritize product development, ensuring solutions evolve with regulatory changes and economic shifts.
John O’Donnell, president and CEO of Pinnacol Assurance, hailed the move as transformative. “We are thrilled to welcome Method Insurance to our family of brands,” he stated. He emphasized recent tech investments: “These enhancements create a product that makes it easier than ever for brokers to serve their clients and grow their business.”
Industry watchers echo this optimism. Analysts note that such consolidations strengthen broker networks, potentially lowering premiums through economies of scale. While specific financial terms remain undisclosed, the deal signals confidence in the $50 billion U.S. workers’ comp market’s growth.
Implications for U.S. Businesses and Economy
American businesses, especially small enterprises with interstate footprints, stand to benefit immensely. Enhanced broker solutions could reduce administrative burdens, allowing owners to focus on growth rather than insurance red tape. In a post-pandemic world, where remote and gig work proliferates, robust workers’ comp coverage safeguards employee well-being and mitigates liability risks.
Economically, this acquisition bolsters the insurance sector’s resilience. It supports job creation in underwriting and tech support roles while promoting fairer risk distribution across states. For everyday Americans, it translates to safer workplaces and potentially more affordable health-related protections tied to employment.
Politically, the move aligns with pushes for streamlined regulations in interstate commerce. As federal oversight on labor evolves, integrated solutions like this could influence policy debates on worker protections.
Looking Ahead: A Stronger Future for Brokers
EverPeak’s acquisition of Method Insurance marks a pivotal chapter in U.S. insurance innovation. By merging Method’s agility with EverPeak’s scale, the duo positions itself as a go-to for national brokers.
Future expansions loom large. EverPeak eyes full nationwide rollout of its workers’ comp offerings, targeting underserved sectors. Brokers can expect rolled-out enhancements in the coming months, fostering a more competitive, client-centric market.
This deal underscores a trend: Insurance giants are doubling down on tech and partnerships to meet broker needs. For U.S. enterprises, it’s a win that promises stability in an unpredictable economic climate.