Workers’ Comp
Distressed Indicators
Workers’ Compensation insurance is a significant expense for the majority of businesses, with some having a challenging time even finding a program outside of the state assigned risk pool for a variety of reasons. Businesses that fall into one of the following categories or have experienced one or more of the issues below now have a clear path for Worker’s Comp with Uprisk.
For example, employers with workers in high risk class codes, which are assigned based on a workers’ job duties or their scope of work, such as a roofer, may have a difficult time finding a traditional Workers’ Comp solution. Those with a high ex-mod due to an unfavorable claims history also have a challenging time with their Workers’ Comp program.
Uprisk provides Workers’ Comp programs for employers with distressed indicators that include:
High Cost/High Risk Class Codes
High Experience Modification Factors
Previous Coverage Issues
Multi-State Exposure
Adverse Loss History
In or Headed to State Assigned Risk Pools (State Fund)
Startups
