Underwriting members in a group program goes well beyond a simple calculation of funding. At the Comp Alliance we analyze all existing members and new accounts seeking a commitment to the philosophy of the program and dedication to the standards set in our risk management program. Our member services team increases the overall satisfaction of our members by providing responsive, professional and personalized service.
OUR UNDERWRITING AND MEMBER SERVICES:
- Establishing the annual funding level of the program based on actuarially derived liabilities
- Equitable rate development for all members utilizing, loss information, risk management assessments, experience modification
- Reviewing rate adequacy to provide stability for the entire group
- Timely and comprehensive response to client inquiries on billing, loss runs, etc.
- Helping members reduce rates where possible through integration of claims results and loss control practices
- Assisting members with compliance with regulatory requirements