Information Is Power
Specializing in Workers Compensation as an insurance agency is a difficult process. Many people believe that Work Comp is a fixed cost since the rates are set by the State of Florida. What they fail to realize is that you can control 100% of your premiums inside of Work Comp. By structuring a policy properly you can utilize a variety of different class codes dependent on the job functions your employee's perform. Through the development of industry specific safety programs companies can control the frequency of their claims. With proper claims management techniques companies can influence the severity of their claim costs. All of the above factors play into the calculation and development of your experience modification factor (EMF). The EMF can be a companies best friend or worst enemy depending on how they run their business. With that in mind, we partnered with a company that allows us to identify claims trends allowing us to properly structure and train your employees to reduce your claims frequency and severity and ultimately your EMF.
the future of workers compensation insurance
Click the picture to the right to see an outline of the analytics available to us specific to Workers Compensation and Health Insurance. We are on the cutting edge of the industry and use this information to prevent injuries, properly codify claims, aggressively manage claims and develop safety processes and programs for companies having a hard time controlling their Experience Modification Factor.