The ABC NH Self-Insured Group Trust for Worker’s Compensation is the only self-insured group program for contractors in New Hampshire.

The ABC New Hampshire Workers’ Compensation Self-Insurance Group (SIG), was formed in 1994 by six ABC New Hampshire Members. Workers compensation is in the most expensive line item in a construction company’s budget, so they created this program to give members control over these costs. 

Submit a Claim

All information regarding workers’ compensation claims should be directed to FutureComp: 3 Executive Park Drive, Suite 300, Bedford, NH 03110.

Questions?

Contact Ryan Foye, Vice President, FutureComp Division
USI Insurance Services
Direct: 781-376-2622
Mobile: 603-315-4872

CURRENT MEMBERS

Thank you for your continued commitment to the ABCNH Workers Compensation Trust.  We are looking to house pertinent information here for you on the ABCNHVT.org website.  We are open to suggestions but for now, we have included Frequently Asked Questions and a service team listing to have at your fingertips.  All members have been sent claims kits and service instructions so please reach out to your service team here should you need additional assistance.

Click here for the ABC NH/VT Dividend Statement.     

PROSPECTIVE MEMBERS

The service SIG provides includes an aggressive claims management process, a significant amount of hands-on safety resources free of charge and dividends for good performance.  

The commitment of the SIG members, paired with that of our Board of Directors and fund administrators, has led to dividend distributions over $10 million since inception. Our loss ratios remain in the single digits versus those of the commercial industry which average 65%.   

Regardless of economic market conditions, the SIG’s appetite and resources have remained consistent and our members never shop their workers compensation again. Please join your peers and join our successful program by clicking through the links and reaching out.

Program Highlights: 

• 30 members in the self insurance group
• The SIG has achieved strong historical premium savings as compared to the standard workers’ comp market – currently approx. 33% on average since 1994.
• The program has returned over $14.5 million dollars to members in the form of dividends since forming in 1994.
• The program provides aggressive claims management and unlimited, industry specific safety services managed by Contractors Risk Management.
• Membership in the SIG ensures consistency and stability from the volatile standard workers’ compensation market.
• The program is goal-driven and is overseen by a Board of Trustees dedicated to returning the Group’s profitability to membership in the form of annual dividends.
• 99% member retention rate since 1994.
• Since 1994, $55.5M in Premium Collected, Dividends earned is $14.5M or a 26% return
• Annual premium collected $3.3M (current and based upon membership level)
• SIG 1% litigation rate as compared to the industry average of 26%

Criteria to Apply/Join:

• Premium size $25,000 - $600,000
• Ex MOD 1.0 or below (exceptions may be given)
• Non Union
• Must be member of ABC Assoc.
• Quote provided with submission of:

1. 5 Years Loss Runs
2. Copy of w/c policy and/or work comp rate sheet with all class codes
3. Payrolls for each class code listed

Membership criteria:

• Signed Indemnity Agreement
• Audited financials or tax returns (passing 3 of 6 financial criteria)
• Strong safety commitment and mandatory attendance  at monthly safety meetings (currently all held virtually due to COVID)
• Positive safety inspection – must pass safety standards
• Reinsurance carrier may be notified prior to SIG membership if class code or risk is outside the typical risks within the group, if MOD is over 1.0 or is there are claims over $100k