ClearPath Mutual

ClearPath Mutual Insurance Company was formed on January 1, 2018 and is domiciled in Louisville, Kentucky. The company is a result of its reorganization from KESA, The Kentucky Workers’ Compensation Fund, which was a self-insured workers’ compensation fund. KESA decided to reorganize as a mutual because the mutual company structure allows so much more flexibility and greater opportunities for grow

th. ClearPath Mutual has approximately 7,300 policyholders and nearly $60 million in premiums, making it one of the largest and most financially stable providers of workers’ compensation in Kentucky. Its policyholders pay a premium based on their exposures, classification codes, payroll, and experience modification. Premiums are then used to pay claims and administrative expenses, such as loss prevention services and legal, actuarial, and management costs. ClearPath Mutual is governed by a member-elected Board of Directors which closely monitors the company’s activities. The company is regulated by the Kentucky Department of Insurance, which performs periodic comprehensive audits.