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

Cyber Risks and Liability for Cybersecurity Month 2020

by Valent Group | Oct 26, 2020 | Business Insurance, Cyber

To wrap up this year's cybersecurity month, we are reviewing some common phishing mistakes to help you steer clear and keep your business secure. We also provide some details on what is covered by cyber liability insurance and the top reasons to get it. 3...

OSHA Issues Guidance Regarding N-95 Respirators and COVID-19

by Valent Group | Oct 21, 2020 | Risk Management, Safety

There has been a lot of information shared on the internet regarding the effectiveness of face coverings and face masks. On October 19th, OSHA issued a News Release to clarify that N-95 respirators are effective in protecting workers from the virus that causes...

What to Do When One Claim Increases Your Entire Insurance Package Cost

by Valent Group | Oct 15, 2020 | Auto Dealers, Business Insurance

By: Mat Pope and Paul Elliott Have you ever wondered why, when your dealership has a claim on one of the policies in your commercial package policy (CPP), such as a property, garage/auto liability or employment practice liability insurance (EPLI), it causes the total...