One of most fundamental definitions of insurance is 'the transfer of risk. ' While this definition is universally agreed upon, not one single structure of workers' compensation insurance is right for all companies to accomplish this task.
Many factors go into the selection of the right insurance structure. This training will cover the various factors to consider, as well as the financial benefits of making the right decision.
Michael Stack is founder and lead trainer of Amaxx Workers' Comp Training Center. He is an experienced risk consultant and co-author of Your Ultimate Guide To Mastering Workers' Compensation Costs. He works with clients to develop benchmarking comparisons, assess key cost drivers, structure strategies, and design training to reduce workers’ compensation and risk management costs.
Jay Peichel is Principal at Keystone Risk Partners. Since 2002 Jay has worked with employers, groups, and agents who are willing to assume a portion of their own risk to gain greater control over their long-term cost of insurance. He aims to help customers think strategically about insurance by developing a long-range plan that delivers net cost savings, minimizes surprises, manages volatility, and simplifies the annual budgeting of this significant operation expense.
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