How to Enroll & Stay Compliant in a Wrap Program

To enroll in a Wrap program, there are multiple pieces of data you need to gather to ensure your company is able to work onsite. Let’s take a look at what information is needed and where you can find it, to guarantee your company has the proper insurance coverage and starts on time.

Contract Start Date
Before you begin enrollment, it is important to ensure that your contract start date (first day you plan to work onsite) is accurate. This ensures that your policy provided by the Wrap-Up aligns with when you plan to begin working onsite.

Risk ID
A nine-digit numeric code assigned by the NCCI used to identify the insureds that are subject to interstate or intrastate experience ratings. Your Risk ID can be found on your Workers’ Compensation policy – OR – online through NCCI/your state bureau by using your FEIN #.

Anniversary Rating Date
The month, day, and year when an insurance policy begins and is re-examined annually (ex. the start or end date of your policy).

Rating Bureau
An organization that collects statistical data (premiums, exposures, etc.), creates standard policy forms, calculates advisory rating information, and files this information with regulators on behalf of insurance companies. Your company’s Rating Bureau can be found on your state’s Workers’ Compensation Board – OR – by reaching out to your corporate insurance broker.

Workers’ Compensation Class Code
Three-to-four-digit codes which identify your type of work. Your Workers’ Compensation Class Code can be found on your Workers’ Compensation Rate Pages – OR – by contacting your corporate insurance broker.

Estimated Payroll
The estimated total amount of man hours and unburdened payroll you expect to use to complete your scope of work.

Certificate of Insurance
A copy of your company’s Certificate of Insurance (COI) with proper Additional Insureds listed as per the Wrap Manual.

Rate Pages

• Your Workers’ Compensation (WC) rate pages show a rate per $100 of payroll for each class code that you perform work under for your WC premium. It may also detail any modifiers to that premium amount such as deductions or credits.
• Your General Liability (GL) rate pages should show rates for both ongoing and completed operations for each type of work you perform. These pages also show both the type and amount of exposure that those rates are based upon as well as your GL Premium.
• Your Excess/Umbrella rate pages may show a rate, but more commonly there will be a declaration page showing your annual premium amount.
  

Add Lower Tier Subcontractors (if applicable): if your company plans to subcontract any portion of the work onsite, subcontractors must be added into the Wrap Administrator’s Risk Management Information System (RMIS). Once added, they will be able to complete the enrollment and obtain a policy number provided by the Wrap program.

Staying Compliant
Once you’ve completed the enrollment, staying compliant is easy. Once your company’s corporate COI expires, you will need to provide a renewal copy with the proper additional insureds listed.

In addition, you are required to report monthly payroll for work performed onsite (man hours and unburdened payroll).

Should you have any questions or need help with enrolling into a TSIB Wrap program contact us today!

TSIB’s Risk Consultants are currently servicing the following locations:
East Coast: New York City, NY; Bergen County, NJ; Fairfield County, CT; Philadelphia, PA
Texas: Austin, San Antonio, Houston, Dallas
California: Orange County, Los Angeles County, Riverside County, San Bernardino County, San Diego County

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