CompWize is a leading national company whose personnel has a record of recovering hundreds of millions of dollars in insurance overpayments. We are experts in the field of workers’ compensation.
A division of SMP Consulting Group, we specialize in recovering past premium overcharges and providing solutions for the reduction of current and future workers’ compensation costs, all on a contingency basis.
Our proprietary software also independently reviews a client’s current and previous workers’ compensation policies. SMP’s CompWize audit team’s careful, experienced examination of workers’ comp insurance identifies errors and inaccuracies that can reflect significant overpayments. CompWize comprehensively reviews over 2000 items relating to the calculation of the client’s workers’ compensation premium charges. These items include:
Because CompWize works strictly on a contingency basis, the insured never has to pay upfront fees! Our fee structure ensures you only cover a percentage of any successfully identified and recovered workers’ compensation overcharges.
CompWize and our affiliates have found that over eight out of ten businesses have been overcharged on their workers’ compensation premiums or are currently being overcharged.
In today’s increasingly competitive business landscape, an independent review of your workers’ compensation program is an absolute necessity. Without it, businesses may be overpaying tens of thousands of dollars annually. Statute allows us to analyze the previous 3-6 years. CompWize helps ensure you are never overcharged again, providing peace of mind while saving you time and money. The insured simply sign our contingency agreement and authorization forms, allowing us to collect the data through the carrier and NCCI/Rating Bureau.
While many of your current and potential clients may not be interested in the complexities of workers’ comp premiums, they are interested in their bottom line. CompWize gives you additional tools to bolster your book of business, getting your foot in the door of prospective clients who are genuinely interested in what you have to offer and cementing the relationship with a current client.
Acrisure’s partnership with CompWize gives you an edge over the competition.
You can take advantage of the “wedge” created by the refund of workers’ comp recoveries and gain the ability to market other insurance programs to satisfied clients.
You can add clients by actually performing a service and achieving a result prior to BOR. This is a tremendous door opener that can add additional revenue to your bottom line with minimal effort on your part.
Acrisure’s partnership with CompWize provides your current clients with another intelligent reason to stay with you. It also provides good talking points for the next time you check in with them, further solidifying the relationship you’ve established.
