SELF-INSURANCE AUTHORITY INFORMATION
Minimum Qualifications for Applying for Self-Insurance Authority
Under the provisions of A.R.S. § 23-961 and § 23-961.01, the Self-Insurance
Office processes all initial and renewal applications from individual or group employers
requesting authority to act as a self-insured entity for workers' compensation.
Application forms may be found
- Annual payroll of at least $2,000,000 (this may include the payroll of included
- Total assets of $50,000,000 or a cash flow ratio of at least 0.25
- Have conducted business in Arizona for a minimum of 5 years (business can be conducted
through a domiciled subsidiary company)
Benefits of Being a Self-Insured Employer in Arizona
- Cost Control
- Direct Medical Care
- Pay losses directly and pay self-insured tax assessment amounts, not insurance premiums.
INFORMATION ON OBTAINING ARIZONA WORKERS' COMPENSATION INSURANCE
Click for list of insurance carriers
authorized to write workers' compensation policies in Arizona
Contact the Independent Insurance Agents & Brokers of America
at www.iiaba.net. (Go to search
for Agent or Broker. When conducting a search, a specific Agent or Broker name is
not required. However, please be sure to put the City and State in required fields.
This will populate a complete Insurance Agent and Broker list for Arizona.)
Declined by SCF AZ and two other insurance carriers? You may qualify
for the Assigned Risk Pool. For more information about the Assigned Risk Pool, please
go to www.ncci.com. The Assigned
Risk Pool information can be found under the residual market section of the website.
The NCCI Assigned Risk can also be contacted at 505-242-1330 for more information.