The Information that You Will Need To Provide to an Excess Insurer
Insurance brokers and Third Party administrators are able to provide advice and help compile the information. The following is a checklist of the basic information that is required:
- A history and overview of your organisation.
- Past 5 Years payroll information
- Past 5 Years workers compensation claims data. Loss reports should be available from your current insurer.
- Detail of any individual claims that have exceeded $25,000
- Budgeted payroll by class for the coming year
- Details of your safety or loss control program.
- Who will be administering your claims and providing your excess insurance.
- Details of usage of any owned or chartered aircraft or watercraft.
- Audited Financial Data for the last three years.
