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
Line of business & role: NYSIF is New York’s state insurance fund and a guaranteed‑market workers’ compensation carrier; it must offer WC coverage to any NY employer seeking insurance, regardless of business type, size, or loss history, except where the employer owes NYSIF money from prior bills/accounts, in which case coverage can be denied.([wcb.ny.gov](https://www.wcb.ny.gov/content/main/Employers/obtaining-insurance.jsp?utm_source=openai)) Geography: - Primary focus is New York State employers; policy must list NY under Item 3A as a New York workers’ compensation policy. - Multi‑State Coverage (MSC) program allows NYSIF WC policyholders to cover employees working in other states, but only if the insured has more WC premium/payroll in NY than in all other states combined and meets NYSIF underwriting guidelines.([ww3.nysif.com](https://ww3.nysif.com/Home/Employer/LookingForInsurance/MultiState?utm_source=openai)) Appetite / eligibility (operational view): - NYSIF does not publish a traditional class‑by‑class appetite; as the residual/competitive state fund it is effectively open to all NY WC-eligible classes. - NYSIF must provide coverage to any employer seeking WC coverage (subject to clearing prior NYSIF debt), so there are no standard declined classes in the way a private carrier would maintain.([wcb.ny.gov](https://www.wcb.ny.gov/content/main/Employers/obtaining-insurance.jsp?utm_source=openai)) - For multi‑state placements, the account must satisfy internal underwriting guidelines and the NY‑dominance test (NY WC exposure greater than all other states combined) or MSC will not be offered.([ww3.nysif.com](https://ww3.nysif.com/Home/Employer/LookingForInsurance/MultiState?utm_source=openai)) Out‑of‑state / multi‑state notes: - Standard NYSIF WC policy automatically covers regular NY employees doing temporary work outside NY; distinct, ongoing out‑of‑state operations require enrollment in the MSC program.([ww3.nysif.com](https://ww3.nysif.com/-/media/Files/PHS--FS_PAD_UW/Underwriting/PDF/OutOfStateCoverage_FAQs.ashx?utm_source=openai)) - To apply for MSC, the producer/insured must submit an ACORD 130 with detailed description of operations, payrolls by state/location, and loss history, including any special coverage needs (endorsements, deductibles, EL limits, etc.).([ww3.nysif.com](https://ww3.nysif.com/Home/Employer/LookingForInsurance/MultiState?utm_source=openai)) Submission requirements – core NY workers’ compensation: - New business is submitted via NYSIF’s electronic application (eApplication) following an eQuote. Brokers, agents and authorized representatives can submit on behalf of clients; clients electronically sign and pay the deposit online.([ww3.nysif.com](https://ww3.nysif.com/Home/InsuranceRepresentative/SubmitInsuranceApplication?utm_source=openai)) - All WC applications must: • Be fully completed. • Be signed by an officer/owner of the business. • Include a premium deposit. - For existing employers (not new ventures), applications must also include recent loss history (loss runs for the last 5 years) and payroll verification, typically one of: • Prior carrier’s premium audit bill with classifications and payrolls for the most recent term; or • Federal Form 941 for the last four quarters; or • NYS Form NYS‑45‑MN for the last four quarters.([ww3.nysif.com](https://ww3.nysif.com/Home/InsuranceRepresentative/SubmitInsuranceApplication?utm_source=openai)) - If approved, coverage is effective at 12:01 a.m. Eastern Time the day after NYSIF receives the electronically signed application and electronic deposit. For mailed submissions, coverage starts the day after the postmark on the envelope containing the signed application and deposit, or a later requested effective date.([ww3.nysif.com](https://ww3.nysif.com/Home/InsuranceRepresentative/SubmitInsuranceApplication?utm_source=openai)) - Once bound, policy number and effective date are communicated in writing, followed by declarations and information pages.([ww3.nysif.com](https://ww3.nysif.com/Home/InsuranceRepresentative/SubmitInsuranceApplication?utm_source=openai)) Underwriting / operational forms & contact: - NYSIF maintains a set of “Workers’ Comp Underwriting Forms – Employer or Representative,” including special applications (e.g., volunteer firefighters/ambulance workers). These are used in addition to the core application when applicable to the exposure.([ww3.nysif.com](https://ww3.nysif.com/FooterPages/Column1/Forms?utm_source=openai)) - Employers, producers and insureds can look up the assigned WC underwriter using either the policy number (for existing policies) or NY zip code (for new coverage, pending quotes or application status) via online underwriter‑lookup tools; underwriters should be contacted for questions on coverage, quotes, or status.([nysif.com](https://www.nysif.com/SIFWCDBLSERVICES/UnderWriterLookup.aspx?utm_source=openai)) Preferred business indicators (inferred from structure, not explicit appetite): - Accounts that can provide complete, recent payroll verification and loss runs and maintain good standing with NYSIF (no premium owed on prior accounts) are operationally preferred, as these are preconditions to acceptance without issue.([ww3.nysif.com](https://ww3.nysif.com/Home/InsuranceRepresentative/SubmitInsuranceApplication?utm_source=openai)) - For multi‑state risks, preference is for NY‑centric employers where the majority of WC exposure remains in NY and where underwriting information is detailed by state and exposure.([ww3.nysif.com](https://ww3.nysif.com/Home/Employer/LookingForInsurance/MultiState?utm_source=openai)) Restricted / declined situations (operational): - Coverage may be denied or conditioned when the employer owes NYSIF money from a previous bill or account until that obligation is resolved.([wcb.ny.gov](https://www.wcb.ny.gov/content/main/Employers/obtaining-insurance.jsp?utm_source=openai)) - Multi‑state coverage via MSC can be declined if the account does not: • Maintain greater WC premium/payroll in NY than in all other states combined; or • Meet NYSIF underwriting guidelines (e.g., based on internal risk assessment criteria).([ww3.nysif.com](https://ww3.nysif.com/Home/Employer/LookingForInsurance/MultiState?utm_source=openai)) Broker / producer notes: - Only licensed insurance carriers and their licensed agents can issue the C‑105.2 WC certificate; NYSIF uses its own U‑26.3 as its certificate of NY WC insurance. Brokers are not permitted to issue C‑105.2 certificates and should direct insureds to NYSIF or the appropriate carrier contact when certificates are needed.([wcb.ny.gov](https://www.wcb.ny.gov/content/onlineforms/obtainC105.jsp?utm_source=openai)) - Brokers/agents must use NYSIF’s eQuote and eApplication process for standard WC placements and ensure that applications are fully completed, properly signed, and accompanied by required deposit and documentation to avoid delays. - For multi‑state coverage, brokers should not attempt to secure coverage via standard online quote tools; instead, they must follow the MSC application process (ACORD 130 plus detailed multi‑state data and loss history) and contact NYSIF’s multi‑state coverage specialists.([ww3.nysif.com](https://ww3.nysif.com/Home/Employer/LookingForInsurance/MultiState?utm_source=openai))