Assurance University presents...
Workers' Compensation:
Back to Basics
Workers' Compensation (WC) premiums are not set in stone. Learn how to minimize the loss component of your WC policy to achieve the largest long-term impact on premium reductions. Further, understand which of your company's attributes are desirable to a WC insurance carrier and strategies to enact for WC cost reduction.
-
Discover how your Experience Modification Factor is calculated and how it impacts insurance premiums
-
Explore effective marketing strategies that will assist your company in receiving the most competitive quotes from insurance carriers
-
Learn what you can proactively do during the submission process to ensure the insurance carrier understands your type of business and effectively prices your premium
-
Understand how to mitigate claim exposures through loss avoidance, preemployment screening, investigation and claims management