Workers’ Compensation insurance protects your business by covering injuries sustained by your employees on the job. It provides statutory benefits to injured employees and includes employer’s liability coverage to protect you if a work-related injury leads to a lawsuit. Biz2insure collaborates with Trigon Staff Administrators to facilitate securing Workers’ Compensation policies, managing claims, preparing premium reports, conducting policy audits, handling certificate requests, providing loss run reports, and addressing deposit requirements.
Deposit Premiums
Trigon Staff understands the financial strain that large deposit premiums can impose on businesses. They work closely with clients to meet these deposit requirements effectively. Often, Trigon Staff clients are exempt from paying Workers’ Compensation deposits, easing the financial burden associated with policy binding.
Loss Run Reports
Trigon Staff generates detailed loss run reports that outline your claim history. These reports include comprehensive information about each claim, the amounts paid, and descriptions of the incidents. Clients can request reports by month, year, or for the entire policy duration, and all reports are conveniently provided in PDF format.
Policy Premium Audits
When working directly with Workers’ Compensation carriers, employers must estimate gross wages for the policy period. At year-end, carriers audit these estimates, resulting in either refunds for overpaid premiums or additional charges for underestimated wages. Trigon’s partnerships with Workers’ Compensation carriers ensure that premiums are based on accurate weekly wages, eliminating discrepancies and helping clients avoid large, unexpected payments at the end of the policy period.
Claims Administration
Through a co-employer relationship with Trigon Staff, your responsibility is limited to initially completing the Industrial Report of Injury. Trigon Staff then manages the claim through the Industrial Commission and the Workers’ Compensation carrier. Most injury hearings and court cases are handled by the Trigon Staff Workers’ Compensation team, sparing clients from mandatory court appearances and reducing administrative burdens.
By partnering with Biz2insure and Trigon Staff Administrators, you can ensure that your business is well-protected and that your Workers’ Compensation needs are expertly managed. Enjoy peace of mind knowing that you have comprehensive coverage, expert claims administration, and tailored support for all your Workers’ Compensation requirements.
