Successful management of a company’s total cost of risk is critical for organizations to be successful and profitable. Focus generally is on reducing costs through pre-loss activities (safety inspections, training, and engineering design) which reduce frequency of incidents. Post-loss management (managing incident costs) has traditionally been a secondary reactive function. However, by being proactive, organizations can utilize post-loss strategies to reduce their total cost of risk.
This session will provide knowledge and tools to upgrade clients’ workplace risk management and post loss management programs. Attendees will gain an understanding of how to use pre- and post-loss tools (risk assessment, loss data analysis, return-to-work and wellness programs, etc.) to impact the organization’s overall total cost of risk.
Note: This webinar is intended to provide a loss control perspective of the topic. Insurance coverage issues will not be covered during this webcast. If you have questions concerning coverage or insurability, please contact your insurance broker or underwriter.