Our group self-insured fund management
includes comprehensive, customized programs
for self-insured funds, including feasibility studies, application and certification assistance, underwriting, policy certificate issuance, auditing, commission calculations and experience
modifier analysis.
Self-Insured Groups
Avizent continually expands its service offerings to meet our clients’ constantly changing and frequently unique risk management needs. We are proud to offer one of the most innovative and cost-efficient risk management alternatives available.
Avizent has specialized in workers’ compensation group self-insurance programs (funds) for over 26 years. We have been instrumental in developing and implementing several workers’ compensation funds in conjunction with trade associations. We currently administer programs representing over $5 billion in payroll. Our services include:
- Bureau reporting
- Loss control
- Underwriting
- Premium audits
- General ledger accounting
- Certificate of insurance issuance
- Claim indexing
- Marketing
- Calculating experience modification ratings
- Claim kit issuance
- Calculating agent commissions
- Claims management
- Brokerage
- Medical cost containment
- Accounts receivable
- Dividend calculations