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 & Liabilities Newsletter – September 2018

by Valent Group | Sep 4, 2018 | Business Insurance, Cyber, Risk Management

In this article we will address who's to blame if a security breach affects your organization, acronyms every business needs to know and how increase in cyber attacks are affecting 911 call centers. Who’s to Blame if a Security Breach Affects Your Organization?...

Your Product Could Be a Liability – What to Consider When Preparing for the Worst

by Valent Group | Aug 17, 2018 | Business Insurance, Risk Management

Your customers expect your product to be safe and reliable , and failing to meet these expectations can lead to huge financial losses. If one of your products harms a customer in any way, they can sue your business, leading to costly legal fees and settlements. These...

Employment Practices Liability (EPL) Insurance is Crucial for Small Businesses

by Valent Group | Aug 2, 2018 | Business Insurance, Risk Management

According to a recent study, more than half of all claims filed for employment-related liabilities are against employers with fewer than 50 employees. Alarmingly, the study also reveals that not even 2 percent of small businesses have employment practices liability...