New York State Insurance Fund
Carrier website links, underwriting access points, mapped product lines, and appetite notes in one place.
This appetite summary is only a guide. Confirm eligibility, submission requirements, restrictions, and binding authority directly with the carrier or underwriter before relying on it.
Carrier appetite summary
NYSIF currently publishes operational submission guidance rather than a broad public appetite guide. For workers’ compensation, brokers, agents, and other authorized representatives can submit new business through NYSIF’s eQuote/eApplication process for New York employers. The published materials indicate a broad market presence for New York workers’ compensation, including support for small businesses new to NYSIF and an instant-quote option for domestic household worker risks with fewer than 10 covered persons. Publicly available pages do not list a formal preferred-class matrix or explicit declined classes; however, NYSIF does require supplemental questionnaires for certain higher-hazard or specialty exposures such as roofing contractors and building demolition, indicating added underwriting scrutiny for those classes. Geographic focus is New York workers’ compensation. For employers with operations in other states, NYSIF’s multi-state program requires an active NYSIF workers’ compensation policy (or simultaneous application), more workers’ compensation premium or payroll in New York than in all other states combined, and satisfaction of NYSIF underwriting guidelines. Multi-state coverage is intended to include all out-of-state exposures and is not available for monopolistic state-fund states Ohio, North Dakota, Wyoming, and Washington, nor U.S. territories. Submission requirements for workers’ compensation are clearly stated: applications must be fully completed, signed by an officer/owner, and accompanied by a premium deposit. For accounts that are not new employers, submission must also include five years of loss runs plus payroll verification, which may be a prior carrier audit bill showing classifications/payrolls, federal Form 941s for the last four quarters, or New York Form NYS-45-MN for the last four quarters. Employers and brokers can complete the online application, obtain digital signatures, and make the premium deposit electronically. If approved, online workers’ compensation coverage becomes effective at 12:01 a.m. EST the day after NYSIF receives the electronically signed application and premium deposit; mailed submissions become effective the day after the postmark of the signed application and deposit, or a later requested date if approved. Broker/producer notes: representatives may act on behalf of clients in policy matters, but online account registration requires a NYSIF representative number and a represented policy number. Registered reps can access declarations, renewals, audits, rebills, claims/payment data with policyholder permission, and download client loss history through report request tools. Overall, the publicly posted guidance supports a practical submission appetite for New York workers’ compensation with emphasis on complete documentation, deposit collection, payroll/loss support, and additional underwriting review for selected hazardous classes rather than a published list of hard declines.