Self-Insured Loss Reduction

Three Reasons Why You Might have an Expensive Claim

1. Culture. Your corporate culture allows unsafe working conditions and unhealthy work behaviors to persist. Or you have employees who believe that the only way to financial stability is to submit workers’ compensation claims.
2. Pre-loss. You have an unsafe work condition that encourages injuries. Maybe some manufacturing equipment is misaligned. Maybe a work surface is set too low.
3. Post-loss. Or you have unmanaged vendors. Maybe a sub-par claims management process that allows runaway costs to happen.

All of the above can combine to create a high volume of expensive claims. Address all three and you’ll solve the volume problem and the severity problem. Your total cost of risk will drop. Among other services, we provide analysis, track injury patterns, review claims, examine your claims management process, and even help you re-engineer your entire corporate culture as it relates to risk management.