How AIM Helps Employers Reduce Workers Comp

Since 1987, Advanced Insurance Management has helped employers reduce the cost of Workers Compensation insurance by finding and correcting mistakes made by insurers and rating bureaus regarding classifications, experience modifiers, and payroll audits.

We help employers reduce premium charges on current policies; we also recover refunds for employers by retroactively fixing errors in past policies.

We don't sell insurance--we're not agents or brokers.  We're specialized consultants with expertise in the rules and regulations that control how Workers Compensation premiums are calculated.

• We review the classification codes used to compute your premium charges, to make sure they are correct for the actual work being performed;
• We check experience modification factor calculations to find and correct any errors that make your mod higher than it should be;
• We check over past years' audit billing statements to find recoverable overcharges from those past policies because of errors in payroll determination or other technical factors.
• In short, we get money back for employers by finding and correcting overcharges in Workers Comp insurance premiums.

Advanced Insurance Management LLC provides independent professional assistance to businesses on proper Workers' Compensation insurance premiums. Our consultants have years of experience and specialized training.  We're familiar and knowledgeable with the differing rules and regulations in different states that affect how Workers Compensation insurance premiums are supposed to be calculated.  Insurance agents are typically not trained in the rules of premium auditing, nor with how important regulations can vary from one state to another.  And insurance company employees are typically focused on correcting mistakes in order to raise premiums, with much less training and motivation to lower premiums for employers.

What's Involved

The Advanced Insurance Management® review does not require a lot of effort on your part.  We minimize the involvement of you and your people.  We need copies of your insurance policies and audits, experience mod worksheets, and a few other documents.  Take a look at the checklist of what we need.

AIM has been retained by a wide variety of clients--manufacturers, contractors, transportation companies, staffing companies, hospitals--even an NFL team-- to provide expertise regarding Workers' Compensation insurance cost and coverage.

We've helped employers of all types and all sizes – from small machine shops to Fortune 500 corporations. And we're experienced with the Workers' Compensation rules and regulations of every state that allows private insurance for Workers' Comp. So no matter your company's size, or where you're located, AIM may help you to reduce the cost of Workers' Compensation insurance now and in the future.

Consultants on Workers Comp Classification Codes, Experience Modifiers, Payroll Audits, & More

2012 is our 25th year of helping employers with Workers Compensation premiums, making Advanced Insurance Management one of the oldest and most experienced firms in the field of premium recovery.