WORKERS’ COMPENSATION
Global Insurance Group’s extensive knowledge of products and rates for the securityfield, combined with longstanding relationships with the industry’s top program administrators allow us to properly place workers compensation insurance with a specialized market to fit your individual company makeup.
To effectively do this, we first provide a complementary analysis of your current workers compensation policy, loss runs, and experience modification worksheet(s) to look for loss trends, confirm proper claims processing on open claims, review for possible classification errors, and cross-reference our knowledge of state-by-state carrier and classification rates in comparison with your current rates.
This allows us to present a detailed summary of recommendations for cost containment and loss control.
We also offer (and often recommend) regular claims review calls between ourselves, our clients, and adjusters on any open claims to ensure that claims are being properly managed and to proactively facilitate the process in order to ultimately return the injured employee to work in a timely manner.
Additional Cost Containment Approaches offered for Workers Compensation Policies include:
- Optional Large Deductibles
- Scheduled Credits & Discounts
- Experience Modification Analysis and Review
- Convenient Interest-Free Payment Options
Information Needed for Workers Compensation Submissions:
- Completed, Signed Workers Compensation Application
- Completed, Signed Acord Workers Compensation Application (including premium and loss history for previous 5 years)
- 4 Years of Currently Dated Loss Runs
- Copy of most recent Experience Modification Worksheet