Sentry dividend photo
 Roger Kaland, Sentry (left) shares the numbers with ABC WI President John Mielke (right). 
The second year of our Sentry Insurance program was a very successful one, from both a safety and financial perspective.

Roger Kaland, regional executive from Sentry Insurance, recently announced participants in the ABC of Wisconsin Sentry program are receiving a dividend of 13.54 percent for 2018. The total dividend amounts to more than $220,000 in returned premiums.

"It’s a great first full year, not only because of the dividend, but what the dividend represents: very high levels of safety demonstrated by ABC members and their employees," said John Mielke, ABC of Wisconsin president.

It all starts with STEP. Members in the Sentry Insurance program are participants in the Safety Training Evaluation Process (STEP), which is open to all members of ABC. To participate in STEP, contractors simply submit safety documentation, which is used to determine their level of safety performance. You do not need to be in the Sentry program to participate in STEP.

There are different levels of STEP, and each participant’s level is determined by an evaluation of their safety policies, procedures and records. To be considered for the Sentry program, you must have Silver, Gold, Diamond or Platinum STEP status, in addition to meeting Sentry’s underwriting criteria and evaluation.

This partnership was established because both ABC of Wisconsin and Sentry share a mutual interest in promoting safety. Sentry was interested in offering a program that provides additional financial rewards to ABC of Wisconsin members who demonstrate their commitment to running safe businesses. Sentry recognized STEP as the ideal benchmark for contractors to demonstrate their commitment to safety. Eligible lines of business include Property, General Liability, Crime, Inland Marine and Commercial Auto. It’s a rare program in the insurance industry.

"We don’t expect to see double-digit dividends in each year of the program, but we are certainly happy with the potential to reward our members and their employees who run safe operations.

If you’re interested in learning more about STEP or the Sentry Insurance program, please give us a call at ABC.