Improving workplace safety is a critical component to your overall workers’ compensation strategy. However, there is much more to controlling the costs of workers’ compensation that simply preventing accidents and injuries. Our Associated Comp Advisors team of insurance and risk management specialists can help your organization implement a comprehensive workers’ compensation program designed to prevent and manage workplace injuries, and lower controllable costs.
Creating a safe work environment is the first step in reducing workplace injuries. Associated Comp Advisors can assist you with your safety and loss control efforts.
The latest news and information on workers' compensation, risk management, and loss control.
Few employers realize the importance of overseeing the workers’ compensation premium audit, which occurs at the end of each year to ensure you are paying the correct premium. After an audit, you could receive a surprise bill if the remuneration in work comp benefits paid to employees is found to be inaccurate — or you could receive a reimbursement. Auditors are susceptible to error, so be sure to classify benefits and wages appropriately, be prepared for the audit each year, and manage the process as much as possible.
Do you currently sit on any boards, or are you thinking of doing so? Board membership can take many forms, from small nonprofits to major corporations. And while serving on a board can be very rewarding, it also exposes your personal wealth and assets to potential risk, since board members can be personally liable for the actions (or inactions) of the boards upon which they sit.
Your experience mod determines how much you pay for workers’ compensation. Associated Comp Advisors can help you manage the controllable factors that go into experience mod and premium calculations.
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Technological advancements like artificial intelligence (AI), cloud computing and the internet of things (IoT) continue to transform the way businesses operate. Paired with a paradigm shift to a data-driven economy that values data as much as infrastructure and human capital, these advancements create a lot of opportunity but also a lot of new exposures to risk for businesses.
Despite your best efforts, sometimes accidents happen. What happens next can determine whether a claim has a positive or negative outcome for you and the injured employee. Associated Comp Advisors can assist you with quickly and safely getting your injured employees back to work, reducing workers’ compensation costs and employee turnover, and increasing productivity.
Client access portal for reporting workplace injuries, OSHA logs, etc.
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