“Companies are often unaware that they are paying too much for Workers’ Compensation,” says Wright. “With the training I received from the Institute, I now possess the knowledge to detect errors, and potentially save money for our clients.”
Preston Diamond, president of the Institute of WorkComp Professionals, says it is difficult to detect errors in Workers’ Compensation insurance because it differs from other types of insurance coverage. “Unless the insurance agent has the necessary training to locate and correct the errors in Workers’ Compensation coverage, the problems may go undetected and cause business owners to pay higher premiums than required,” Diamond says.
The certification training provided by the Institute is essential in reviewing Workers’ Compensation insurance reports. There are approximately 300 insurance agencies that have staff members who have qualified for the Certified WorkComp Advisor designation.
With headquarters in Asheville, N.C., the Institute of WorkComp Professionals trains and certifies professional insurance agents to help businesses better manage their Workers’ Compensation programs.
