About Assigned Risk

The Indiana Workers Compensation Insurance Plan, commonly referred to as the Assigned Risk Plan or Plan, was established by Indiana Code §27-7-2-28.1. It serves as a mechanism to provide Employers the ability to obtain Workers Compensation Insurance in the State of Indiana, who are in good faith entitled. An Employer in the Assigned Risk Plan is a risk that is unable to obtain coverage in the voluntary marketplace. Employers must be declined by three voluntary market carriers before they are eligible to apply for Assigned Risk coverage.

Upon receipt of a properly completed Assigned Risk application and payment of premium, following review by the ICRB Analysts, the ICRB designates a Servicing Carrier to issue the Workers Compensation policy to each Employer that qualifies.