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Whether workers’ compensation, auto or general liability, your claims cost you money.
For businesses with guaranteed cost coverage, as well as those with a deductible or Self-Insured Retention (SIR), higher claims costs can eventually lead to higher premiums or even unavailability of coverage.
Workplace injuries that result in claims also hit your productivity and bottom line. From finding and training an injured worker’s replacement — especially in a tight labor market — to HR involvement and administrative issues taking up management time, it all adds up.
Working closely with the Brown & Brown Claims and Loss Control team, the Brown & Brown Casualty Risk Practice can help you reduce or eliminate accidents and the costs that come with them. Working together, we:
Helping prevent losses takes specialization and a holistic approach — across the entire framework of the organization, across all types of casualty risk.
Our internal loss control team undertakes prevention and assessment by the type of facility as well as by line of coverage.
Our safety professionals and engineers team up to review all serious claims, looking for exposure issues and mitigation possibilities to reduce the likelihood they’ll happen again.
Direct coordination with our claims and analytics team allows us to quickly identify trends and provide specific solutions to help avoide future claims, reserve stability, drive closure rates, and optimal claim outcomes.
To help protect their interests, insurers will often require a location inspection prior to offering coverage. Brown & Brown Casualty can help before and after these meetings, providing tips for showing facilities in the best light and offering guidance on effective responses to questions that may arise. In addition, we can help provide the carrier’s engineers with credible information on the work customers have done to reduce or eliminate claims.
Brown & Brown Casualty knows effective claims advocacy and loss control is a key to effective coverage. It helps generate competition and interest in the carrier market for your business and, ultimately, supports a program that meets your needs.
Learn how Brown & Brown can help strengthen your casualty insurance program through effective claims advocacy and proactive loss control solutions. Connect with a Brown & Brown specialist to explore strategies that help reduce losses, support safe operations, and manage claim costs.