Workers Compensation

Workers Compensation and Employers’ Liability provides two types of coverage; part one of the policy provides statutory liability for the employer under the workers compensation laws and part two provides coverage for medical bills and lost wages for employees who suffer work related injuries. The basis for determining this coverage is number of employees, classification of employees and estimated annual payroll.

Tudor Risk Services reviews your business operations and job descriptions of employees to ensure that the payroll is allocated to the appropriate class code and applicable rate.

As an added value, we conduct an in depth review of your experience rating modification. This process includes the analysis of three years worth of data including, unit stat cards, audited payroll and detailed loss runs. The rating is a ratio of expected losses versus actual losses incurred.