video-doctor/Thinkstock
Image

How To Improve Workers’ Compensation Outcomes [Infographic]

Nov. 24, 2014
Workers’ compensation is the one property and casualty coverage where a business can exert the most control to reduce claims and cost. Here are seven key performance indicators.

Many middle-market businesses fail to identify important key performance indicators to help them understand, effectively analyze, track and measure process improvements that reduce claims, maximize ROI and increase profitability, despite the fact that workers’ compensation is the one property and casualty coverage where a business can exert the most control to reduce claims and cost.

Steve Paulin, a senior vice president with Sullivan Curtis Monroe Insurance Service in Orange County, Calif., is an insurance risk-management broker with more than 30 years’ experience. Paulin has spent his career understanding the workers’ compensation challenges that businesses face and is dedicated to developing the expertise, capabilities and resources to improve outcomes for sustained, long-term cost reduction, while improving productivity and profit.

He developed this infographic, Improve Workers’ Compensation Outcomes: 7 Key Performance Indicators, in which he addresses topics regarding capacity gaps, best practices and the implications on businesses' bottom lines.

For additional information, visit Paulin’s blog, Risk Management Answers, a resource for owners and senior management of middle-market companies.

About the Author

Sandy Smith

Sandy Smith is the former content director of EHS Today, and is currently the EHSQ content & community lead at Intelex Technologies Inc. She has written about occupational safety and health and environmental issues since 1990.

Sponsored Recommendations

June 23, 2025
With the right workplace health and safety training, your organization can reduce risk and protect your employees.
June 23, 2025
This article covers the key steps to build a reliable SDS management program, from organizing your inventory and sourcing updated SDS to ensuring easy access and regular maintenance...
June 23, 2025
It's time to get a bit more granular and start to examine the types of metrics EHS departments should be tracking, starting with lost time injury frequency rate (LTIFR).
June 23, 2025
With the number of lone workers on the rise, here are five facts every employer should know about lone working.

Voice your opinion!

To join the conversation, and become an exclusive member of EHS Today, create an account today!