CompWest Improves Experience Modifiers

Have you ever seen a debit mod higher than 6.00? We have! CompWest has no debit mod cap and consistently improves experience modifiers on new business accounts that start with a mod greater than 1.00. Let us help improve yours!

Debit mods tell us an account needs more loss control and claims management attention, and that’s our specialty. We help reduce loss frequency and severity and manage claims in a way that drives down costs at every turn. The average debit mod on CompWest new business is 1.22, and after five years with us, the experience mod drops an average of 20% to 0.98.

How We Do It:

  • Keep at Work ®
    Quickly getting injured workers back on the job through our proprietary Keep-at-Work program has saved policyholders more than 64,500 weeks of Temporary Total Disability since its inception in 2011.
  • CARE 2.0
    The ‘CompWest Accelerated Resolution Effort’ speeds up disputed claim resolution by minimizing unnecessary medical treatment, avoiding massive medical liens and limiting extended disability while a case is litigated. Compared to traditional claims handling, we’ve seen a $21 million savings in claims settlements since 2012, with 95% of disputed claims settling before a costly trial.
  • Loss Control
    Each customer works with one of our dedicated loss control consultants who manages safety efforts in collaboration with our partner agents and claims examiners.
  • Investigative Services Unit
    Our investigators quickly identify potential fraudulent claims and system abuse and work with authorities to investigate.

Contact your CompWest business development consultant to talk about what we can do for your debit mod accounts. It’s our mission to drive down experience mods, lower premiums and demonstrate our partnership in helping your customers.