McGriff Identifies Errors Leading to Significant Reductions
A new construction client was struggling to win bids because their Workers Compensation Experience Modifier Rating (EMR) was unusually high. The EMR had a number of issues that went unchecked by their previous broker, including duplicate claims reporting and missing data. McGriff identified errors within the NCCI worksheets, which led to an EMR reduction from 1.29 to a 0.64. What was a weakness for this construction firm is now a competitive advantage.