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’s verified producer-facing workers’ compensation submission guidance is centered on its broker/agent eApplication process for new WC policies. Representatives should start with NYSIF eQuote, then submit the eApplication on behalf of the client; the application must be fully completed, signed by an officer/owner, and include the premium deposit. For existing businesses (not new employers), submission also requires five years of loss runs plus payroll verification using either the prior carrier’s audit bill with classifications/payrolls, the last four quarters of IRS Form 941, or the last four quarters of NYS-45-MN. If approved, coverage is effective at 12:01 a.m. ET the day after NYSIF receives the electronically signed application and electronic deposit; mailed applications become effective the day after postmark or a later requested date. NYSIF does not publish a classic private-market appetite/declination guide on the verified pages reviewed; operationally, it is a New York-focused workers’ compensation market with online quoting/submission support and multiple WC plan options for qualified risks, including Group 90, Safety Group, Retrospective Rating, Large Deductible, and Preferred Risk Participation Plan. Geography is primarily New York, but NYSIF also states it can cover out-of-state employees for New York-based employers when at least 50% of the workforce is based in New York; this out-of-state extension applies to workers’ compensation, not DB/PFL. Preferred business signals on the official plan pages include employers that can qualify for program structures tied to favorable experience, safety performance, or substantial premium volume, especially for retrospective, large deductible, and PRPP arrangements. No explicit restricted or declined class list was found on the verified official pages reviewed, so any class-specific appetite limitations are not publicly confirmed here; brokers should use NYSIF’s underwriting contact lookup / quote workflow for case qualification. Producer notes: authorized agents, brokers, accountants, and other designees may act on the client’s behalf; registered reps can access declarations, renewals, audits, rebills, and—with policyholder permission—claims, benefit payment data, and downloadable loss history through the NYSIF online account.