David Leng, CPCU, CIC, CBWA, CWCA, CRM
Best Selling Author | Speaker | Certified Risk Manager | Certified Work Comp Advisor
Author of #1 International Best Sellers
Laws of Insurance Attraction & Turning Premiums Into Profits
Understanding Workers' Compensation Cost Control
Insurance is based on the principal of someone taking on your RISK in exchange for an amount of MONEY (also known as a premium). Therefore David's award-winning* Risk Profile Improvement ProcessTM, using cutting-edge strategies, is based on the simple goal of reducing a business' risks which ultimately makes a business more attractive to insurance companies.
Basically… LESS RISK = LESS PREMIUM!
Simply put, the process creates a feeding frenzy in the insurance marketplace for a business' insurance!
As we have demonstrated time and time again, by going through our process, we can slash Insurance and workers' compensations costs and end frustrations when it comes to dealing with insurance, all while helping you to build a more productive and profitable organization.
Education and training are the keys to controlling your costs.
When you bring injured workers; back to work immediately, they get better faster and your business is more productive. We help to create/fine tune your recovery at work program.
The right doctor, at the right time, providing the right treatment is the key. Together we'll find the right medical providers who know and understand the Workers' Comp system. We hope you have the right providers in place now.
Not simply safety, but "behavior based safety." When safety becomes a culture, many other business issues also become culture, leading to not only increased safety, but greater revenue and a happier, fit workplace.
Workers' Comp injuries start at the date of hire. Two simple employee forms begins the "you are in control" process
Do you know your employees' risk factors? When you do, in the aggregate, you can make better decisions about your employee benefits and Workers' Comp. You can take back control of these major insurance costs.
Protecting Your Balance Sheet - Improving your P&L
(Just hover your mouse over each topic above to understand more)
Statistics prove a relationship between fit and healthy employees and workers' comp costs.
Help create a culture of zero accidents - We will review the "Alcoa Story" and its results
So you know where you stand; so you can measure the work we do
Understanding the fine print and the rules that lead to error discovery
Prevent injuries Manage injures with a microscope. That’s how to crush your Workers’ Comp costs. If not, your experience modification factor may skyrocket out of control.
Confirming proper job classifications, payroll and injury amounts properly displayed
Have you selected the best company for your type of business?
Is your experience Modifier correct? Were the right values used to calculate it?
Multiple types of Workers' Comp plans exist. Are you in the on that is most financially advantageous to you?
You would not go to IRS audit without expert advice, would you? Why would you manage your Workers' Compensation program without the same expert guidance.
In 2008, David was named the Institute of WorkComp Professionals' Advisor of the Year award due to the results of their Risk Profile Improvement Process for their clients.
Our task is to help you improve your business and employee lifestyle.
When OSHA knocks, do you spring into action knowing what to do? Have you solved the Bermuda Triangle of compliance - FMLA, COBRA and HIPPA? We'll help make it clear with steps to follow and people to call for help
Discuss and understand your company’s growth positioning and risk improvement strategies.
Because Workers' Comp is a game of rules, our job is to know the rules to recover your overcharged money... even back 3 years or more in certain circumstances
People fear what they don't understand. Communicating how Workers' Comp works is in everyone's best interest - you and your company, your employees, and your wallet.
Rampant errors occur in the Workers' Comp System; mostly in favor of insurance companies
The Roadmap to reshape your Workers' Comp landscape and crush your costs
Understand your current situation and how you currently control your risks of doing business
My workers' comp premium was strangling my company's cash flow. I was in a panic, and trying to obtain as many quotes as I could get my hands on to try and reduce my costs. When I first met David and John, I was about to accept a quote and change insurance companies, during the middle of my insurance policy term, that would save me almost $20,000, which was about 10% of my premium. I allowed them to take a week to analyze my situation, and I was really glad I did!
They saw that if I would have accepted that quote mid-policy year, that my worst claim year would have been on my experience modifier for 4 years and not 3. Costing me almost $35,000.
More incredibly, they found that my experience modifier was WRONG!!!! Not one of the dozen plus agents that I spoke to previously saw that! David and John were able to get my experience modifier corrected, and my insurance companies had to return over $86,000 to me!
From the analysis, they saw that we also needed to improve our safety programs, hiring processes, and that WE had to better manage our injured employees instead of relying on the insurance company adjuster. Their entire team helped us implement all of these changes quickly, and 3 months later, he was able to leverage what he did for us and obtain an insurance policy at our renewal that was over $100,000 lower.
In a span of 4 months, they put almost $200,000 back in my pocket!
— Mark S. Duda, Duda Cable & Construction