Experience Mod Verification demo
The workers' compensation experience mod rebuilt from the loss runs and payroll, and every difference explained. 1:12
What the demo shows
A workers' comp solution that rebuilds the mod from loss runs and payroll and explains gaps.
Six agents read the bureau worksheet, the prior carrier's loss runs, the final audits and the ownership record, rebuild the mod line by line beside the bureau's figure, tag every claim with how far it moved the mod, and draft the questions; the underwriter decides and signs.
Transcript
- Experience Mod Verification rebuilds workers' comp mods from loss runs and payroll for underwriters.
- Worksheets carry stale reserves, wrong injury codes misplace payroll.
- Harlow Ridge is quoted at 1.22.
- Six agents rebuild it line by line.
- Every claim carries a tag, how far it moved the mod.
- Claim 24-0, 387 shows, plus 0.07.
- Coded loss time, no indemnity paid.
- Medical only, it counts at 30%, plus 0.02.
- A closed reserve, a reopened claim, misplaced payroll, 1.15.
- Every mod checked before quote.
- Here, $30,000 a year, each line cited.
- Built on Botminds: agents, data, screens, and governance on one platform.
Transcribed from the film’s narration. Captions are on the player.