SML covers all expenses required to complete audits and invoices the carrier at SML’s agreed upon rate.
Premium Audit
Premium Audit Services Listing
- Workers Compensation
- Assigned Risk Business
- General Liability
- Preliminary/Test Audits
- Auto Fleet
- Physical Audits
- Garage Liability
- Telephone Audits
- Audit Extensions
- Voluntary (Mail) Audits
Telephone, Mail, & Physical audits nationwide.
We provide coverage through a unique network of auditors, who share the same quality and professional standards. We only use providers who have been tested and meet the challenge of our quality control and time service procedures.
Premium Audit Process
SML is able to make this a seamless process for the carrier. The carrier sends all audit requests to SML. SML then assigns and tracks all audits to outside field auditors and providers. In turn, all audits are sent back to SML for quality review.
Every SML Premium Audit is completed using the latest technology available. Our Client Portal offers 24/7 Online Access to your account information, inventory, and completed audits.
Broker submits application to the Underwriter.
Carrier issues policy at inception using estimates presented by the Broker.
Carrier orders audit as policy nears expiration.
Audit is scheduled and performed (physical, phone, virtual).
Changes in class codes or exposures are reported in the final audit.
Carrier issues audit to broker and insured with the final premium calculation.
Disputes are addressed with resolution being: No Change Amended Audit, or Re-Audit
Transparency and Innovation
Every SML Premium Audit is completed using the latest technology available. Our Client Portal and Nexus Audit Software offer 24/7 online access to your account information, inventory, and completed audits.
Communication
You'll get frequent updates, customized timelines, operating procedures, schedules and next steps. Kickoff meetings, weekly calls and reports are provided.
Audit Accuracy
Independently reviewed for quality and creditability. Experienced auditors will provide a fully accurate audit delivered on-time.
Request a Premium Audit Consultation. Get started here.