Assurance University presents...
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