Policy Analysis and Cost Recovery

A workers’ compensation premium involves complex and highly technical cost-driving details. Credits, modification factors, employee classifications and endorsements all contribute to the final premium calculation.

Stephenson & Brook’s Policy Analysis and Cost Recover Service is strictly a contingency based service. Our actuaries review and analyze the workers’ compensation policy to insure the accuracy of the cost-driving elements. If mistakes are discovered and past premium overcharges are recovered, Stephenson & Brook is paid a percentage of the recovered costs. If the audit results indicate that there are no mistakes, the service is entirely complimentary.