ACORD 130

The ACORD 130 form is the primary application used to establish workers’ compensation coverage for businesses. Feathery’s AI extracts structured employer details such as business name, contact information, FEIN, and employee headcount. It also pulls classification codes, payroll estimates, and coverage limits requested, which are critical inputs for underwriting and premium rating. The system further captures risk-related factors including use of subcontractors, claims history, and the employer’s experience modification factor, offering a complete view of exposure.

This template is particularly useful for agents, brokers, and carriers evaluating employer liability and calculating workers’ compensation premiums. Automating the extraction of ACORD 130 data reduces manual processing, ensures payroll and classification accuracy, and supports faster risk evaluation. By making claims and coverage history instantly accessible, insurers can streamline underwriting workflows, improve pricing precision, and help businesses maintain compliance with workers’ compensation requirements across multiple jurisdictions.