Workers' Comp Premium Training for Employers
Workers' comp is often the second-largest check you write for insurance every year, and almost nobody checks the math. In 3.5 hours, Kevin Ring shows you how your mod, your class codes and your premium audit are built, so you can spot the errors and get them fixed.
3 seats for one price · 3.5 hours, self-paced · 60-day guarantee
What Fixing the Math Looks Like
Landscape contractor, 120 employees
Experience mod overstated on the worksheet.
1.39 mod
1.00 mod
$104,000 refund
Speech pathology group, 42 employees
All 42 employees in the wrong class code.
$2.90 rate
$0.32 rate
$30,000+ refund
Grading contractor, 42 employees
Closed claims still reported as open.
1.40 mod
1.23 mod
$33,150 over 3 years
Outdoor sign company, under 10 employees
Placed in the highest risk class it could be given.
$18,000 a year
$6,000 a year
$12,000 saved every year
$100M+
These four are a sample. Advisors trained by IWCP have found more than $100 million in premium savings for the employers they serve, using the same process this course teaches.
Why You're Likely Overpaying
Here's where it goes wrong, and why the errors stick until you catch them.
75%
Usually because the records that prove what you owe were never kept. It works like taxes: no receipt, no deduction. No payroll records by class, no lower rate.
2 years
In most states, a verifiable error can be corrected for the current policy year and up to two prior years. That's where refunds come from.
50%+
Your carrier calculates the premium. The rating bureau calculates the mod. Unless someone trained to review both is looking, the errors stay put and renew every year.
The Training
The same process Kevin uses on a mod worksheet, broken into three self-paced modules.
Experience Mod Mastery
How your mod is calculated, where the errors hide, and how to get them corrected, including retroactive fixes. Up to 25% of mods carry an error that can be fixed after the fact.
Injury Prevention and Management
Hiring practices and recovery-at-work programs that keep claims small. In most states, a medical-only claim counts in your mod at just 30% of its cost. Recovery-at-work can keep a claim medical-only, or shorten the lost time when it can't.
Classification and Premium Audit Mastery
How to check your class codes and your audit, and what an auditor can and can't legally change. A code that's almost right can cost $10,000 to $100,000 a year.
That stack is real: more than 1,500 experience mod worksheets, reviewed one line at a time.
Your Instructor
Kevin is Lead Workers' Compensation Analyst at the Institute of WorkComp Professionals. He trains the independent agents who earn IWCP's CWCA and MWCA designations, and he's the person they call when a mod doesn't look right.
This course is what he teaches those agents, rewritten for the people who actually pay the bill.
1,500+
experience mod worksheets reviewed
25 years
of IWCP training, since 2001
The Book Behind the Course
Conquering Workers' Comp, a strategic guide for employers who refuse to overpay. Get your free copy →
“
Absolutely, Kevin is the man when it comes to work comp. He is always willing to help any way he can to push you in the right direction. He is the most knowledgeable person in the country when it comes to workers' comp.
Brady Quackenbush, independent insurance agent, Insurance People of North Carolina
Enroll
$795
or 3 payments of $265
The 60-Day Guarantee
Complete all three modules within 60 days of enrolling. If you're not satisfied for any reason, I'll refund every dollar you paid.
Kevin Ring, CWCA, MWCA
Lead Workers' Compensation Analyst, IWCP
Possibly. When an error can be verified, most states allow corrections for the current year and up to two prior years. Module 1 shows you how.
No. It's built for businesses with 5 or more employees. The sign company in our results had fewer than 10.
Good. Now you'll know what to ask them. Many agents focus on the quote, not the mod worksheet or the audit. If yours reviews both, you'll be able to see it.
No. It's written for owners and HR directors, not insurance people.
Three years from enrollment, for all 3 seats.
3.5 hours, 3 seats, $795. If it doesn't earn its keep, the guarantee covers you.
