Berkshire Hathaway (GUARD Insurance)

Berkshire Hathaway, primarily through GUARD Insurance, writes $3.5B in WC premiums for small-to-midsize businesses, a niche where its technology-forward underwriting platform processes quotes 50% faster than the typical rival. The company's financial strength allows it to offer guaranteed cost programs at rates that are 10% cheaper than the average competitor for well-run employers. Berkshire's loss ratio of 45% is 5 points better than #1 Travelers, reflecting a disciplined risk selection that rewards low-modification businesses with consistent pricing.