We Help Employers Obtain Workers Compensation Refunds
Zed Services is an independent consulting firm specializing in obtaining workers’ compensation refunds on prior policies and reducing premiums on current policies for employers throughout the United States.
Approximately 75% of businesses are overcharged on their workers’ compensation premiums, due to errors by the insurance companies. We find errors and overcharges and have them corrected, with refunds and credits issued to you shortly thereafter. We work on a contingency basis, so you only pay us for results.
What We Do
Zed Services will conduct a thorough, independent, and unbiased review of your current and past several years’ workers’ compensation policies in order to find errors and overcharges. We simply point out the errors and have them corrected to your benefit.
We find errors and overcharges in approximately 75% of the accounts we review. How long the process takes depends on how quickly we are able to obtain the information pertinent to our review and the types of errors we identify. Usually, we have results for our clients within 2-3 weeks. If there is no recovery, there is no fee.
If we are unable to get back any refunds or savings, we simply tell you that you haven not been overcharged and thank you for giving us the opportunity to review your account; you will not pay us a dollar out of pocket.
We handle the entire process. We know your time is valuable, so we try to obtain all the paperwork we need to conduct our review from your insurance companies. Your involvement is minimal. If we are unable to obtain certain information directly, we simply ask you to email the appropriate party to request that they send it directly to you so you can forward it to us. That is the most work that you put in. Otherwise, we will do all the work to obtain refunds for you. You only pay us once you have received the refunds or credits as a result of our work.
Contingency Fee
Our fee is a percentage of the savings that we obtain for our clients. You will not pay us a fee until you have received a refund or credit. If there is no recovery, there is no fee.
Our service often results in future savings that we cannot quantify and therefore do not charge for. Any future savings that we cannot quantify are yours to keep.
Clients
Our clients come from wide varieties of industries including transportation, distribution, manufacturing, construction, healthcare, food and hospitality, retail, wholesale, staffing, education, and nonprofits. If your company is paying $100,000 or more in workers’ compensation premiums annually, there is a significant likelihood that you have been overcharged.
Insurance Companies and Agents
Our service will not have any adverse effects on your relationship with insurance companies or agents.
Overcharges happen for 75% of insureds regardless of insurance company. So, the types of errors we find are not a rarity.
They happen due to the complex nature of handling claims and determining workers’ compensation premiums. Therefore, when we identify an error and request the insurance company to make a correction, they simply comply and make a correction.
As for agents and brokers, they simply do not have the time and resources to conduct the type of detailed retrospective review that we perform. They also face an inherent conflict, as reducing your premiums would directly reduce their commissions.
They are not exactly thrilled to take on a tedious project that would only hurt their bottom line. Still, a lot of smart agents and brokers recognize the value of our service and refer their clients to us because they understand that their client’s best interest is their primary mission and that a happy client is a loyal client.
We are not affiliated with any insurance companies or agencies and we do not sell insurance. Workers’ compensation premium recovery is all we do. Our success directly correlates with our ability to obtain the maximum refunds for our clients.