Risk Management

 

Workers Compensation Experience Modification Analysis
Using a predictive software tool, and over 40 years of insurance expertise, we can create different scenarios to determine the effect of implementing various loss control measures in your daily work environment. Often, this analysis translates into premium savings for our clients. In many situations, even with previous claims, some clients have enjoyed credits from prior policy terms.

We have the ability to analyze your business's workers' compensation experience modification factor (mod) worksheets, to determine the validity of the mod calculated by the National Council on Compensation Insurance, Inc. (NCCI). A claim review, prior to the valuation date for NCCI filings, will keep your business's claim experience mods as accurate and as low as possible, and your company as marketable as possible assuring you of the best rating program available. We find an average of 30% errors on experience mod calculations.




Insurance available through People's United Bank and People's Securities, Inc., a subsidiary of People's United Bank, member NASD and SIPC, or RC Knox & Company, insurance subsidiary of People's United Bank. Property and casualty insurance available through RC Knox & Company.

  • NOT A DEPOSIT
  • NOT FDIC-INSURED
  • NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
  • NOT GUARANTEED BY THE BANK OR AFFILIATES
  • MAY GO DOWN IN VALUE

WAP