Is the Work Comp Experience Mod Becoming Obsolete?
Interactive

Is the Work Comp Experience Mod Becoming Obsolete?

Academy of Insurance
Updated Nov 30, 2020
Book a demoTry it for free
Changes in technology and data analytics has significantly impacted how insurance companies underwrite and price workers’ compensation policies. As a result, the experience modification factor does not have the same level of influence on pricing. In addition, the experience mod may actually become a barrier to insurance companies to make offers and write the account.
Related learning
How .01 Can Cost Your Employer or Clients MillionsInteractive ⋅ 60 mins
How Agnecies Are Redefining Value Added ServicesInteractive ⋅ 60 mins
How Big Data is Changing Workers CompensationInteractive ⋅ 60 mins
How to Leverage the Underwriter's Use of Big Data and Predictive Models to Write More BusinessInteractive ⋅ 60 mins

Explore more technology skills

IT Software
IT Software
Web Design and Development
Web Design and Development
Data & Analytics
Data & Analytics
Design and Animation
Design and Animation
Gaming and Games Development
Gaming and Games Development
Devops, Networking and Security
Devops, Networking and Security
Programming and Web Development
Programming and Web Development
Computer Science and Engineering
Computer Science and Engineering
;