Audit

P&C Services

A large premium adjustment due to an insurance policy audit can be an unwelcome surprise, especially if there is confusion around the accuracy of the figures.

As your advocate, it’s our job to fight for you.

We pay close attention to shortfalls in workers compensation audits, including worker classification, payrolls, experience modifier worksheets, credits and debits. We navigate you through the rating basis — the what, why and how. Between the wide variety of figures and formulas to manage, human error can happen, so we’re here to address those issues.

We help verify, challenge and analyze the insurer audits. And we will walk you through this process.

The bottom line is, all parties — insured, broker and carrier — all want accuracy around exposure and the associated rates and premiums.

FROM THE BLOG

Business Insurance Insights

Stronger Hurricanes to Put More Properties at Risk

by Valent Group | Mar 14, 2023 | Risk Advisors, Risk Management, Safety

Over 13.4 million properties not currently exposed to hurricane-force wind damage will face increased risk over the next 30years as climate change propels more intense storms, according to new research from First Street Foundation. “Compared to the historic location...

Have you done JHAs?

by Valent Group | Mar 1, 2023 | Business Insurance, Risk Management, Safety

Hazard identification in the workplace or job site is required by OSHA standard 1910.132(d)(2) and it helps employees work safely. Job Hazard Analysis (JHA) We begin with the elimination of hazards and continue applying the steps of the hierarchy of controls with the...

Lockout/Tagout Procedures

by Valent Group | Feb 2, 2023 | Business Insurance, Safety

OSHA’s Lockout Tagout requirement is a multi-step process and covers the servicing and maintenance of machines and equipment in which the unexpected energization could cause injury to employees. It applies to the control of energy during servicing and or maintenance...