Insurexchange
delivers high quality and competitively priced
insurance solutions through our seasoned risk management
professionals. Our experts have the background and success
in risk and insurance with extensive experience in commercial
insurance brokerage, insurance and risk management consulting
and corporate risk management. From primary workers’ compensation
insurance for businesses to self insured options for large
companies, governmental entities and associations, we offer a
complete range of workers’ compensation options.
Workers' compensation is a
statutorily imposed insurance which provides employees injured
on the job or who have incurred workplace illness with medical
coverage and loss of income. Workers Compensation
eliminates the need for employees and their families to sue
employers for benefits including medical care, death, disability
and rehab benefits due to workplace accidents. A few states
operate monopolistic insurance pools which eliminate the
requirement of purchasing private insurance. In Florida
refer to
F.S. Ch 440 for additional information.
Insurexchange advisors provide the following services to all our
clients:
- Access to multiple carriers
- Pay as you go premiums
- Claims management
- Classification
determinations
- Premium credit review
- Experience mod analysis
- Premium audit assistance
- Workers compensation risk
management
- Facility Inspections
Insurexchange
is committed to the principles of integrity, honesty, and
transparency in serving the best interests of our clients. We
work as a partner with our clients to actively manage the cost
of workers’ compensation. Our experienced staff of
professionals will work with you to develop and implement
innovative and cost-effective strategies to manage all aspects
of your workers’ compensation program.
Insurexchange is
dedicated to
helping our clients eliminate, prevent and mitigate workplace
accidents and injuries to their employees. Accidents and injuries
can have a significant financial impact on a company. The total cost
of an injury includes compensable costs such as medical and lost
income and non-compensable costs such as employee turnover and lost
productivity from the injured worker, retraining, managements time
and expense associated with tasks including investigating the
incident and/or giving legal testimony, these are referred to as the
indirect costs of a claim. For every dollar spent on insured
direct costs, a company will incur uninsured indirect cost 3-5 times
as great.
Insurexchange
provides access to the leading "A" rated workers compensation
carriers underwriting hundreds of eligible classes of business.
No premium is too small for our staff to handle. We will handle
all your needs without regard to size and you can be assured you
will be receiving our hallmark safety and risk management advice
as well. Our safety engineering and loss control
services will enhance your loss performance, reduce lost
workdays and increase productivity. Our preventive services will
yield significant benefits to your company in the form of lower
premiums for workers’ compensation insurance over the long-term
and greater profitability.
Insurexchange provides each client with value-added services
including:
- Monitoring your risk
exposure to eliminate many claims
- Monitoring claims so
that only accurate data is submitted towards your mod.
- Loss forecasting of mods
before your budgeting begins
- Review payrolls
classifications with you throughout the year
- Attend your audits so
the correct information is gathered
- Root cause analysis of
claims on a real-time basis.
