AGCW Group Retro is a winner

Not all workers’ compensation programs are alike.

Since this kind of coverage is mandated for employees in Washington, picking the right program can be a huge competitive edge for firms trying to stay compliant with state law while providing the best options for employees and business strategy.

That’s where AGC’s Group Retro workers’ comp program comes into the picture. Our program is a top industry performer, a big claim with big statistics to back it. The program has a premium base of $70 million and a 27 year record of positive refunds for participating companies. In fact, we see the majority of our participants get refunds of 50 percent or more of their premiums with the Washington State Department of Labor & Industries, also known as L&I.

That’s partly because our program is a retrospective premium-rating program, meaning your premium is based on actual losses instead of projection. This gives you a rating that better reflects who you are as a company and what you’re doing to promote safety on-site. Since losses will directly impact the bottom line, our L&I approved program incentivizes safety while handing industrial insurance cost control back to your firm.

The premium structure of the program is just one benefit you’ll find with AGC. You’ll also get the top-tier customer service you’d expect with a member organization like ours, a promise that includes hands-on claim management assistance that treats your firm like the individual entity it is. You also receive return-to-work services for employees to get back on their feet and on the job in no time after accident or injury. All that comes with some of the lowest administrative costs in this field, hitting only about 5 percent of the premium refund.

With that kind of background, it’s little wonder we see a member retention rate of about 99 percent. AGC Group Retro takes care of its participants and their staff in a way you won’t find elsewhere and comes to AGCW members at the slim cost of a one-time $2,000 refundable deposit with no quarterly fees. We love talking about this program with our AGCW members and can provide you with all the information you need to weigh its merits for yourself, including a free analysis of how your company would have recently performed as a Group Retro member. Click through to our website for more information or give us a call at 360-352-1632 with any questions you may have.