Assigned Risk

What is Assigned Risk?

Assigned risk workers’ compensation is designed to ensure that coverage is available to anyone who requires it, even those risks who are not accepted in the voluntary, or standard, market.  Some employers may be considered ‘high risk’ and are limited to the assigned risk market for reasons such as:

  • They have no employees or a very small workforce
  • They are a new company with little or no loss history
  • They have had higher losses than expected in the past
  • Their employees work in hazardous work conditions

Our goal is to help employers in the Assigned Risk Plan get into the voluntary market, where there is more flexibility for the employer.  By building up your loss history or reducing your losses, you better your chances of being accepted by a voluntary insurer.