The Human Capital underwriting team plays an integral role in pricing and issuing workers’ compensations coverage to Human Capital’s PEO customers. Underwriting reviews and evaluates each submission and works with our suite of workers’ compensation insurance carriers to determine eligibility. Approved submissions are priced out by underwriting and returned to the agent for review with the prospective client.
The underwriting team also produces Human Capital’s Client Service Agreements, which serves as our contract with the client. Once a client, the team continues to evaluate and process all new class codes and state endorsements, as well as produce certificates of insurance. In addition, underwriting works with claims and loss control to monitor and assess the performance of clients. This proactive approach allows Human Capital to work with clients who may be experiencing poor loss performance to improve their losses, resulting in a safe workplace.