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Workers' Compensation
Your workers' compensation program may appear to have no room for customization since all benefits and limits are statutory and regulated in each state. Also, the NCCI plays a regulatory role in the rating.

Your Willis workers' compensation experts realize that you may be concerned with:
  • Cash put upfront.
  • Review at retrocalculation for several years behind.
  • Follow up on collateral.
  • Follow up on deposit to insurers "escrow funds".
  • Statutory coverage by states, what are they?
  • Keeping control on your worker's compensation program at the corporate level in Canada.
We have developed a tool to allow you to compare Workers' Compensation program Structures -paid loss retros, guaranteed cost or large deductible programs. Some elements that are compared within the Willis comprehensive matrix include:
  • Loss reimbursement
  • Escrow funds
  • Risk control
  • Annual adjustments
A total cost analysis done by our workers' compensation experts should allow you to keep control of your total cost of risk, year after year.