Insurance

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Synergy Comp Insurance Company

Lew Kachulis leads Synergy Comp Insurance Company, a workers' comp carrier that internally manages its investment portfolio from Sharon, Pennsylvania.

Synergy Comp Insurance Company logo

Synergy Comp Insurance Company

We are large enough to be the industry-leading workers' compensation insurance carrier, yet small enough to provide one-on-one service.

General information

Firm type

Insurance

Year founded

2006

Location

Region

North America

Country

United States

City

Sharon

Corporate office

Sharon, PA, United States

Principals

Lew Kachulis

President and CEO

John M. Hudson

Director and Investor

Sector focus

InsuranceFixed IncomePublic EquitiesReal Estate

Frequently asked questions

What type of insurance does Synergy Comp underwrite?

Synergy Comp Insurance Company is primarily a workers' compensation carrier. The firm's focus on this single line of commercial insurance generates the underwriting float that fuels its investment activities. Its trade association sponsorships with groups like IIABSC support this concentration.

How does Synergy Comp manage its investment portfolio?

The firm allocates its insurance float internally across a disclosed mix of fixed-income securities, a common stock portfolio, and direct real estate. The real estate holding includes its commercial headquarters at 30 E State St in Sharon, Pennsylvania. The internal management model suggests a lean treasury function rather than an outsourced or multi-manager platform.

Who controls investment decisions at Synergy Comp?

Lew Kachulis, as President and CEO, is the named operator responsible for the company's overall strategy, including the direction of the investment portfolio derived from underwriting profits. Director and investor John M. Hudson provides additional oversight as a board-level principal. The firm does not publicly name a separate Chief Investment Officer.

Is Synergy Comp a family office or an operating company?

Synergy Comp is a regulated operating insurance company, not a family office. Its parent entity is Synergy Holdings, Inc. However, the firm functions with characteristics of a proprietary investment office, internally directing its balance-sheet capital across liquid securities and physical real estate without external fund commitments or client assets.

What philanthropic structures are associated with the firm?

Three charitable entities are linked to the firm's ecosystem: the Kachulis Foundation, Synergy Charities, and the Synergy Community Foundation. These structures appear to be separated from the insurance balance sheet, functioning as distinct vehicles for community and philanthropic distributions tied to the firm's ownership.

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