Workers Compensation
This is arguably the most controllable area of insurance — and the largest area where costs can get out of hand.
We advise our clients in many of the same ways, but we also do this for clients that are not self-insured.
What does this look like for you? A typical workers comp claim adjuster at a national insurer may have over 500 cases to manage at any given time. It is understandably difficult to accurately stay on top of each and every claim.
Workers Comp claim management can be of critical importance six months prior to renewal.
This is the date when the National Council on Compensation Insurance (NCCI) calculates your Experience Modifier (E-Mod) for your upcoming Workers Comp policy. Since the E-Mod is a direct multiplier to your insurance premium, if we can get a claim closed prior to this date, we will save you real premium dollars for future years.
The Bottom Line
If you’re in an industry where the E-Mod can be the difference between winning a contract or not, we can actually help increase your total revenue and profitability.
FROM THE BLOG
Business Insurance Insights
7 Factors Driving Commercial Property Insurance Costs
The commercial property insurance space has progressively hardened in recent years, evidenced by ongoing rate increases and other difficult market conditions. This is largely due to several cost-driving trends impacting the segment. As such, it's important for...
Warehouse Safety
OSHA recently launched a 3-year emphasis program that focuses on preventing workplace hazards in warehouses, distribution centers and high-risk retail establishments. This is because injury rates in these types of operations are so high. Inspections will concentrate...
9 Ways Your Business Can Protect Against Wildfires
Wildfires are a deadly and destructive threat to people and property. According to the National Interagency Coordination Center, 6 of the top 10 largest wildfire seasons have occurred in the last decade. As wildfires become more powerful, businesses must be proactive....