Our Premium Auditing services
Premium Audit Consultants is the industry leader in providing top-quality auditing services for the insurance industry. Our team of experienced professionals is dedicated to helping insurance companies ensure accuracy and compliance in their premium audits. With our cutting-edge technology and personalized approach, we deliver unmatched efficiency and accuracy in the auditing process. Trust Premium Audit Consultants to handle your auditing needs with precision and expertise.
We offer a full range of services including:
• Remote hybrid audits – NATIONWIDE
• Mail, telephone audits – NATIONWIDE
• Physical audits
• PEO auditing – NATIONWIDE
• Temporary Staffing
• Dispute resolution
- Special investigative audits
- Expert witness consulting
- Workers’ Compensation Appeals representation and case preparation
- Independent audit evaluation
Remote Hybrid Audits - Nationwide
- A cost-effective alternative to physical audits
- Remote/Hybrid audits – all the detail of a physical audit without an on-site visit
- Phone audits – verbal information from policyholder only
- Online Audits – run through our online module
Physical Audits
- Serving many states for standard physical audits (workers’ compensation, general liability & garage liability)
- Coverage can be expanded based upon customer needs
- National coverage provided for PEO audits, audits of large/key accounts and assignments which require special handling
PEO, Temporary Staffing & Large Insureds
- PEO auditing requires special expertise given the large payrolls, volume of data to be analyzed and numerous classification codes (we do these audits well and can provide references)
- Nationwide coverage for physical audits using existing field staff
- Nationwide coverage for completing these remotely without an on-site visit
Dispute Resolution
- For carriers lacking staff capacity or technical expertise, PAC can work with the policyholder to address concerns with audit results and reach a resolution
- Evaluate insurance premium disagreements on behalf of carriers, agencies or policyholders – providing objective analysis and recommendations
Special Investigative Audits
- Investigate potential instances of premium evasion or premium fraud
- Provide case analysis and prepare results for billing and/or litigation
- Upon request, negotiate with policyholder on behalf of carrier to reach financial settlements
Expert Witness Consulting
- Assist attorneys with case analysis and preparation in premium-related litigation
- Testify regarding technical and procedural matters in insurance premium-related litigation
- Our insurance carrier work experience – particularly in audit/billing/underwriting management carries high credibility
The difference between PAC versus the other vendors is the level of quick turn around on problems as well as PAC having a better understanding of how to fix an issue when it comes up. Just the fact that they’re being proactive and asking for thoughts sets them above the other audit vendors in my book.