HUB International vs 
Mylo Workers’ Compensation Insurance
Mylo names four monopolistic states requiring a state fund; HUB's page states general requirements without listing them.
What Is HUB International?
HUB International is a North American insurance brokerage that arranges business insurance, employee benefits and related risk services through local offices and specialist practices. Smaller commercial accounts may be sent to Insureon for an online quote; other programs are handled by HUB advisors, with policy terms set by the insurers they use. 1,2,3
What Is Mylo Insurance?
Mylo is an independent insurance broker for small and growing businesses. It recommends coverage and compares available quotes from multiple carriers online or with a licensed advisor; the insurer named on the resulting policy provides the coverage. 5,6
What Is Workers’ Compensation Insurance?
Workers’ compensation insurance addresses medical care, rehabilitation and lost wages for employees’ work-related injuries or illnesses. Not every worker, contractor or owner is automatically covered, and not every injury qualifies — check who's included and what's compensable under your state's rules. 8,9,10
Key Differences in Workers’ Compensation Insurance
State Requirements and Monopolistic Funds
HUB and Mylo both broker workers' compensation rather than underwrite it, and both describe state mandates in general terms, but they cover different gaps. HUB says the coverage is required in 49 states and D.C., calling out Texas as the exception. 4
Mylo says Ohio, North Dakota, Washington and Wyoming require employers to buy workers' compensation from a state fund rather than a private insurer, and that its agents can direct buyers in those states accordingly. 7Company-reported. Workers' comp product page "Your state makes a difference" section.
Mylo's page goes a step further by naming the four monopolistic states where a business must buy from a state fund rather than a private carrier, a distinction HUB's reviewed page does not make. 4
What Each Brokerage Explains About the Policy
HUB's page focuses on worker misclassification, describing help distinguishing employees from contractors as part of its brokerage service, alongside a list of exclusions such as self-inflicted or off-the-clock injuries. 4 Mylo instead walks through how a premium is set, describing a formula that combines job classification, a risk-based rate, payroll and claims history, and says comparing carriers matters because they can assign different rates to the same classification. 7
What to Confirm in Workers’ Compensation Insurance Quotes
- Ask each brokerage which insurer or state fund would actually issue your policy; neither page names one. 4 7
- If you operate in Ohio, North Dakota, Washington or Wyoming, confirm with Mylo how it handles the state-fund requirement in that state. 7
- Ask HUB how its misclassification review would apply to your specific contractor and employee mix. 4
- Get the exact rate and classification codes each brokerage used to price your quote, since Mylo says these can vary by carrier for the same business. 7
Offering Details
HUB International vs Mylo Workers’ Compensation Insurance: documented features by provider
| Criteria | HUB International Workers' Compensation Insurance Brokerage | Mylo Workers' Compensation Insurance |
|---|---|---|
| Role in This Line | HUB brokers workers' compensation insurance and helps clients navigate state regulations and coverage options rather than underwriting the coverage itself. 4Company-reported. Workers' compensation product page as read 2026-09-23; the page does not name an issuing insurer. | Mylo brokers workers' compensation insurance by comparing quotes from multiple carriers rather than underwriting the policy itself. 7Company-reported. Workers' comp product page. |
| Issuing Insurer | The workers' compensation page does not name an issuing insurer or state fund; HUB places this coverage with insurers or funds that vary by client and state. 4Not found in reviewed sources. Checked the workers' compensation product page on 2026-09-23; no carrier is disclosed there. | The workers' comp product page does not name the insurer that would issue a given business's policy, aside from noting that four states require purchase from a state fund. 7Not publicly disclosed. Checked the workers' comp product page on 2026-09-23. |
| Who It’s For | HUB says workers' compensation insurance is required of all businesses in 49 states and the District of Columbia, noting Texas does not mandate coverage. 4Company-reported. Product-page state-requirement statement as read 2026-09-23; specific state rules and exceptions were not independently verified here. | Mylo says almost all states require workers' compensation for employers with employees, that Texas has exceptions, and that employee-count and employment-status requirements vary by state. 7Company-reported. Workers' comp product page. Mylo says Ohio, North Dakota, Washington and Wyoming require employers to buy workers' compensation from a state fund rather than a private insurer, and that its agents can direct buyers in those states accordingly. 7Company-reported. Workers' comp product page "Your state makes a difference" section. |
| Coverage Features | HUB says workers' compensation covers medical bills, disability payments, rehabilitation and recovery costs, partial missed wages, and funeral or survivor benefits for injuries and illnesses sustained in the course of employment, plus an employer's legal defense fees and settlements for related workplace-injury lawsuits. 4Company-reported. Product-page coverage description; the issued policy and state law control an actual claim. HUB lists exclusions that can apply to workers' compensation claims, including injuries that originated outside the workplace, were self-inflicted, resulted from a fight the employee started, relate to a felony, were claimed after termination or layoff, or occurred while the employee was under the influence of drugs or alcohol. 4Company-reported. Product-page exclusions list; actual claim outcomes depend on the specific policy and state law. | Mylo describes workers' comp as a no-fault system covering workplace accidents, repetitive injuries and occupational illness, paying medical treatment, lost wages and retraining costs, and serving as the exclusive remedy that generally shields the employer from employee lawsuits over those injuries. 7Company-reported. Workers' comp product page; the issued policy and its exclusions control. |
| Limits and Retentions | Not described in the reviewed sources. | Mylo explains that a workers' comp premium is set by classifying the business's activities, assigning a risk-based rate to that classification, and applying a formula using the rate, total payroll and prior claims history; it says comparing carriers helps because carriers can assign different rates and fees to the same classification. 7Company-reported. Workers' comp product page FAQ "How is my premium determined?"; no specific premium figures are given. |
| Risk Services | HUB describes helping clients address worker misclassification liability and distinguishing employees from contractors as part of its workers' compensation brokerage, alongside broader risk-reduction guidance. 4Company-reported. Product-page misclassification-liability section; a company-reported advisory service. | Mylo says employers' liability coverage, often included within a workers' comp policy, can cover the rare situations where an employer is still sued over a workplace injury despite the no-fault system. 7Company-reported. Workers' comp product page FAQ. |
Full Comparison
More HUB International vs Mylo Comparisons
Other Workers’ Compensation Insurance Comparisons
Sources
HUB International
- About Us. HUB International; Opening description; 1998 formation of HUB International Limited; 2022 Insureon acquisition; headquarters and employee/office counts. Accessed 2026-09-16.
- Contact Us. HUB International; Business Solutions paths for Commercial Insurance Solutions versus Small Commercial Insurance Solutions via Insureon; office search. Accessed 2026-09-16.
- Insurance for Technology Companies. HUB International; Technology Company Insurance & Risk Management: startup, software, hardware and digital-media introduction; Business Coverage and People Protection lists; technology-client count. Accessed 2026-09-16.
- Workers' Compensation Insurance Brokers. HUB International; What is workers' compensation insurance?; Is Workers' Comp Required?; What's Covered; Misclassification Liability section; coverage exclusions list; state-requirement statement. Accessed 2026-09-23.
Mylo
- Small Business Insurance. Mylo; Hero; What Insurance Does A Small Business Need (Business Owners Policy listing); Get My Quote; Business Insurance FAQs; commercial-product navigation; footer legal disclosure. Accessed 2026-09-16.
- About Mylo. Mylo; Your Digital One-Stop Shop; The Broker Advantage; Proven Heritage, Powerful Future; About Mylo FAQs. Accessed 2026-09-15.
- Workers' Comp. Mylo; Workers' comp protects your employees and you; How do you benefit? (no-fault system); Your state makes a difference (monopolistic states); Workers' compensation FAQs (how premium is determined). Accessed 2026-09-23.
Workers’ Compensation Insurance Guide
- Workers’ Compensation Insurance. National Association of Insurance Commissioners; Opening definition; mandatory coverage except Texas opt-in; exclusive remedy; monopolistic state funds; self-insurance note. Accessed 2026-09-16.
- Small Business Insurance. National Association of Insurance Commissioners; Typically covers medical expenses, rehabilitation costs and lost wages; check with your state insurance department; ask these questions / who qualifies as a covered employee (contractors, part-time staff, interns); payroll and type-of-work rating factors. Accessed 2026-09-16.
- DWC employer information. California Department of Industrial Relations, Division of Workers’ Compensation; Opening trade-off and California requirement; basic benefits including medical care, temporary and permanent disability, supplemental job displacement, return-to-work supplement and death benefits; out-of-state employer note. Accessed 2026-09-16.
