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Since 1913, Suhr Risk Services has been setting the standard in the California
Workers Compensation marketplace. Traditional brokers have focused
largely on chasing the lowest rates while excluding the risk specific solutions
to the cause and expense of claims. The Suhr Risk Services team of experts
has successfully developed innovative and practical loss control and loss
reduction techniques, as well as customized procedural solutions to lower
the overall cost of risk.
Insurance companies are required by law to maintain adequate reserves. There
are severe penalties for insurance companies who under reserve claim costs.
Actual claim incurred costs, along with estimated reserves are reported
to the Workers Compensation Insurance Rating Bureau and are utilized
in the calculation of the Experience Modification Rating factor of an individual
firm. Excessively reserved cases, therefore, have an adverse impact by increasing
the experience modification factor, which ultimately leads to increased
insurance costs to any given employer.
Without overlooking the importance of risk financing, we focus our emphasis
on strategies specific to the complexities of the Workers Compensation
system; giving our clients far greater control over their workers compensation costs. These solutions, in tandem with our market presence,
lead to sustainable cost savings for our clients.
Representing the largest Workers' Compensation carriers in the State of
California, coupled with our extensive out-of-state facilities, Suhr Risk
Services is well positioned to guide our clients through the volatile Workers'
Compensation marketplace.
Many of the services we offer to our clients include:
Development, implementation and management of the open claims review
process
Industry Benchmarking
Streamlining of claim reporting procedures
Experience Modification projections, post calculation review and correction
management
Fraudulent claim identification and tracking procedures
Classification inspection worksheet review
Legislative analysis
Return to work and safety incentives
Ergonomic programs
Fleet safety programs
Safety program management reviews
Safety and health-related training
Accident/loss statistical analysis
Facility surveys for hazard identification
Return-to-work programs
Claim investigation to discourage fraud
If you'd like an aggressive, proactive approach to the management of
your Workers' Compensation account, contact Mike Panza, ARM at (800) 788-1170
or e-mail him at mike.panza@insuhr.com.
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