Complementary Solutions

Premium Audit

Robust Premium-Audit Surveys

Verify premiums with an easy-to-use interface that leverages industry-standard exposures for admitted coverages.

Intuitive Workflow

Premium Audit breaks the audit process down into an intuitive and step-by-step workflow with easy-to follow sections that auto-save upon completion, enabling users to verify premiums with an easy-to-use interface that leverages industry-standard exposures for admitted coverages.

Seamlessly Integrate

Connect Premium Audit with the tools you already use to empower your organization. Synchronize all survey data with the Loss Control ecosystem and leverage a variety of interconnected and supporting tools or easily integrate with the business solution of your choice.

Verified Premiums

Premium Audit is purpose-built for carriers to verify premiums with a step-by-step module, leveraging industry standard exposures for admitted coverages. They can then view a detailed breakdown of audit information including calculated exposures, employee information, payroll verification, claims and more.

A Robust Ecosystem of Loss Control Solutions

Loss Control

Best-in-class AI driven loss control survey platform, purpose-built to drive intelligent risk insight

Guide Stream

Virtually guide policyholders to collect critical information and optimize underwriting decisions.

RapidSketch

Sketch directly within Loss Control and automatically attach your finished floor plans to a survey.

Intuitive

Easy to use, step-by-step workflow with defined sections that auto-save upon completion.

Robust Rules Engine

Identifies policies requiring audit with the most configurable solution, recommending either a virtual or physical audit based on risk characteristics.

Configurable

Configurable feature-set allows you to fit your business model.

Report Summaries

Report summaries provide up-to-date and verified coverage information that can be shared with underwriters and policyholders.

Ready to Use Templates

Upload templates to eliminate the need for manual entry of large data sets.

Regulatory and Industry Standard Exposures

Leverage industry standard NCCI exposures for admitted coverages.

FAQ

What is Premium Audit Software?

Premium Audit software enables insurance companies to verify their workers compensation premiums by calculating the amount of exposed payroll an employer has had over the previous year. This is done by comparing an employers estimated payroll vs actual payroll at the end of the policy year.

What is NCCI?

Founded in 1923, the mission of the National Council on Compensation Insurance (NCCI) is to foster a healthy workers compensation system. In support of this mission, NCCI gathers data, analyzes industry trends, and provides objective insurance rate and loss cost recommendations

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