GUIDE & TOOLS FOR EMPLOYERS
We assist our policyholders in successfully minimizing and preventing losses. We do this by working closely with the policyholder and the agent throughout the loss-control process. Workplace safety is an investment that will return dividends to your company. Long-term sustainable reduction of your workers’ compensation cost is feasible if safety is made a priority. You may not be able to prevent every accident at work but you can:
-
Correct unsafe conditions and work practices
-
Train employees to recognize and eliminate hazards
-
Hold everyone accountable for safety
It is estimated that the real cost of a workplace accident is at least four times greater than what the insurance covers due to indirect and hidden costs such as:
-
Lost production time
-
Hiring/retraining a temporary replacement
-
Repairing/replacing damaged equipment and materials
-
Reduced employee morale resulting in lower efficiency
-
Missed revenue opportunities
-
Higher workers’ compensation premiums due to unfavorable loss history
You can rely on us to help you manage your workers’ compensation costs and reduce workplace accidents.
