Murphy’s Forecasting plan can predict what a company’s experience modifier and premiums will do in the future. We use sophisticated software to manage claims and keep workers compensation costs down by determining when employees can return to work. Our expert risk management services use a proactive approach to point out potential future problems and help companies anticipate increasing costs. Planning ahead saves money and time in the future.


The experience modifier uses three years of claim and payroll data that has a one-year delay to give claims a chance to close out. We take data from the most recent policy year and project where the following years experience modifier will be several months before it would actually be used. We can even use our software to set a goal for future years experience modifiers.

When should an injured employee return to work?

Claims involving more than three days away from work can result in large increases in experience modifiers. By utilizing our software and understanding of the workers compensation laws, we give you advice on whether returning an employee to work on light duty makes economical sense.


Too many companies wait until their insurance premiums are too high before taking action. That is the reactive approach. Our risk management department can analyze your exposure to loss and recommend ways to keep losses from happening. Our claims management staff will suggest ways to reduce the effect of claims on your experience modifier. Mainly preventing lost time, but also things that raise red flags. Taking action before problems are encountered is the proactive approach.

How do you help companies anticipate increasing costs?

If you knew gas was going to cost $10 per gallon next year, you would probably take steps to reduce consumption and start saving to pay for that increase. By forecasting your experience modifier, we help you budget for future insurance costs and can layout an action plan to reverse the trends that are causing your premiums to increase.