Anchorreclaim

Workers’ comp premium recovery

Your premium is built from classification codes, an experience modifier, and payroll allocation — a system with hundreds of moving parts, maintained by your insurer and verified by almost nobody. We re-check it against the rating rules in force for your state and your policy period.

Three documents. About fifteen minutes of your time. A written findings report, or a written all-clear.
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Verify us before you send anythingEvery line below is independently checkable
Contracting party
LGA International GmbH
Telephone
+1 929 475 8496We work in writing, so that every finding leaves a record you can forward. Email reaches us fastest.
Email
info@anchorreclaim.comAnswered in writing within 48 business hours

What we look for

These are the recurring failure points in premium calculation. Each is a rule that exists in writing and can be checked against your own documents.

  1. 01Clerical staff coded as field or shop labor

    An office administrator carried under a higher-rated operational classification is charged at a rate meant for entirely different work — on every payroll dollar, for the whole term.

  2. 02Overtime premium not excluded from auditable payroll

    Most states rate straight time only, and require the premium portion of overtime pay to be removed before the rate is applied. It frequently is not.

  3. 03An experience modifier built on stale claim reserves

    Reserves that were set high and later reduced do not correct themselves in the modifier once it has been promulgated. The reduction has to be carried through deliberately.

  4. 04Owner and officer caps not applied

    Payroll caps, minimums, and elective exclusions for owners and officers are state-specific, change over time, and are missed often enough to be worth checking first.

  5. 05Subcontractor payments charged as your payroll

    Uninsured subcontractors can legitimately be charged to you. Insured ones, with valid certificates on file, generally cannot — and the certificates are frequently in the file while the charge is still on the audit.

Large industrial warehouse with closed loading doors under flat grey sky
A single misclassified job role at one site becomes a recurring overcharge across every site that uses the same payroll categories — which is why the correction is worth more than the error first appears to be.

What to send

Three documents you already hold. You do not need to prepare anything, export anything, or give us access to any system — and nothing is uploaded until the agreement is signed.

  1. 01Your current policy declarations pages

    They carry the classifications and rates the whole calculation is built on.

  2. 02Your most recent premium audit statement

    This is where the payroll actually charged to each classification appears.

  3. 03Your experience modification worksheet

    Issued by your state rating bureau or by NCCI, and the place where reserve-driven errors show.

A payroll summary by job role makes the review faster, but we can begin without it.

We do not need your employees’ names. Payroll totals by class code are enough.

Nothing on the list above identifies an individual person. If a document you are about to send happens to contain names, redact them or send the summary page instead — the arithmetic does not change.

What you get, and what it costs

The deliverable is the same whether or not there is money to recover: a written document that states what was checked, against which rule, and with what result.

Findings reportEach error, the rule it violates, and the dollar amount — with the page it appears on, so your broker or carrier can check our work.
If nothing is recoverableA short written all-clear. Worth having: it means the calculation was done correctly.
Correction filingsPrepared by us, submitted through the carrier’s and rating bureau’s own process, and followed until they are resolved.
Our fee45 % of premium actually refunded or credited to your account. Nothing up front, nothing hourly, nothing if we find nothing.

How long it takes

First replyWithin 48 business hours, in writing.
Initial assessmentOnce we have the three documents — a first read with a preliminary figure, or a note that there is nothing here.
Full findings reportAbout two weeks from receipt of complete documents.
Money backFollows the carrier’s correction process — typically weeks to a few months. We manage and chase it; you do not.

How far back a correction can reach depends on your state’s rating rules and on the policy periods still open under them. That is one of the first things we check, and we will tell you plainly if the answer is that the window has closed.

We are independent premium auditors. We are not an insurance broker or carrier, we do not sell policies, and we are not here to replace your broker — we check the arithmetic and the rules behind it.

Some states license or otherwise regulate who may be paid to review insurance premiums, and the rules differ by state and by the type of audit. We confirm in writing whether we can act for you in your state before anything is signed — and if we cannot, we say so instead of working around it.

Three facts to begin

Your state, your approximate annual premium, and your carrier. That is enough for us to tell you whether a review is worth your time — before any document changes hands.

Start a reviewRead the fee and confidentiality terms first