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

Dec. 1 Deadline to Comply with OSHA’s Anti-retaliation Rules

by Valent Group | Nov 16, 2016 | Business Insurance, Risk Management

BRIEF OVERVIEW: On May 12, 2016, the Occupational Safety and Health Administration (OSHA) issued a final rule requiring certain employers to electronically submit data from their work-related injury records to OSHA. OSHA intends to publish this employer information on...

How Employee Theft Can Devastate Any Business

by Valent Group | Sep 15, 2016 | Business Insurance, Risk Management

Employee fraud is a risk that businesses of all sizes need to take seriously. An Association of Certified Fraud Examiners (ACFE) survey estimated that the annual global loss due to employee theft is approximately $3.7 trillion. According to the ACFE, the median...

Pokemon and Go…Safely

by Valent Group | Aug 30, 2016 | Risk Management

It's catching the nation by storm...Pokémon Go uses a smartphone’s GPS and gyroscope sensors to determine a player’s location. The game then uses that information to display Pokémon near the player, through the phone’s camera. The game also marks popular locations,...