Workers Compensation Solutions

Next Wave Insurance Services offers monoline Workers Compensation’s solutions for small to mid-sized employers.  We have an array of top rated carriers with over 200 eligible class codes.  Preferred classes include service and professional such as: Hotels, Restaurants, Office/Clerical, Engineers and Light Manufacturing.     
 
PREMIUM ELIGIBILITY
$5,000 - $1,000,000 annual premium - Guaranteed Cost
 
PARTICIPATING STATES
AL, AZ, AR, CA, CO, CT, DE, GA, ID, IL, IN, IA, KS, KY, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, DC, WI
 
SUBMISSION REQUIREMENTS
  • Completed ACORD and Supplemental Application
  • Complete Description of Operations - Brochures or Website Address
  • Number of employees by Location and Class
  • Description of Safety Practices, Hiring Practices, RTW & Drug Testing Programs
  • 4-5 Years of Currently Valued Loss Runs
  • Experience Modification Worksheet (if available)
  • Accounts over $250,000 required Financial Statements
 
INELIGIBLE EXPOSURES
  • Social Service Agencies
  • Geriatric Care Facilities (all types)
  • Employee Leasing (PEO's)
  • Temporary Staffing
  • Contractors
  • Long Haul (>200 mile radius) Transportation Risks
  • Agricultural Risks
  • Significant Occupational Disease Exposure
  • USL&H, Maritime, Federal Benefit Exposure
 
MARKETS
We have multiple A.M. Best rated A- rated or better for flexibility and competitiveness.