Workers Compensation
Fast, reliable support is no accident.
Instec’s quicksolver 3 Workers Compensation supports multistate rating and policy administration using NCCI states, independent bureau states, and monopolistic states (stop gap), in addition to:
- Rating for Workers Compensation and Employer’s Liability
- Complete classification table including state specific class codes
- State specific rating plans including drug free workplace, managed care, and more
- Anniversary Rating
- Ability to apply Experience Rating or Merit Rating modifications as applicable
- Stop Gap Liability - flat charge or rate per payroll
- Deductible plans
- Special Rules—U.S. Longshore and Harbor Workers Compensation Act, Federal Employers’ Liability Act, Voluntary Compensation and Employers’ Liability and Aircraft seat surcharge
- Policy Audits
- Expense Constants - company-specific configurable
- Premium Discount - company-specific configurable with support for concurrent premium discount across multiple policies
Testimonials
“Our prior rating system did not allow us to meet our business objectives. Instec had shown us that they could handle the challenges of our various types of program business, across multiple offices. Extending the Instec system across the entire enterprise to become the primary property and casualty rating solution for all our offices was a logical choice.”