CompWise Retro

Did you know your company can receive refunds on workers’ compensation premiums?

Enroll in the AWB CompWise Retro Program and receive refunds on the premiums you pay to the Department of Labor & Industries and ensure your workers’ comp rates are as low as possible. Some companies have received refunds of more than 40 percent due to our merit-based refund formula.

In addition, AWB CompWise provides valuable tools for maintaining a safe workplace and running a successful business.

How does the program work?

As an AWB CompWise member, you’ll benefit from joining together with other companies that have superior claims experience to maximize your refund potential and minimize risk.

Members continue to pay their quarterly workers’ compensation premiums to the Washington Department of Labor and Industries. The group’s premiums are pooled together, and at the end of the plan year if premiums exceed claims costs, surplus premium dollars are refunded to members. AWB CompWise aggressively and proactively manages claims and monitors each member’s workplace safety performance to ensure results are positive for the group.

New firms are screened and enrolled firms are monitored to ensure they meet the group’s performance and workplace safety standards.

At this time, groups are available for firms in the following industries:

• Manufacturing
• Service/Retail/Wholesale
• Hospitality & Entertainment
• Facility & Property Management

Participants must also be a member of the Association of Washington Business. Most companies recover the cost of dues with their first refund.

“We are very pleased with AWB’s responsiveness to any issue and the commitment to helping us improve our safety program. Not only do we receive refunds on our L&I premiums, AWB CompWise has also helped us reduce the amount of upfront premiums we pay. The program makes our job much easier and is a great business decision.” -- Betsy Slater, Woodland Park Zoo