Benefits of the U.S. Workers’ Compensation Department

• Dedicated department established for 15+ years

• 130+ accounts handled
• Only Canadian broker offering dedicated U.S. workers’ compensation and U.S. automobile services
• Transactional placement as well as management of insurer/third party administration services provided
• Ability to transact business with either Canadian (if able to write workers compensation business) or U.S. insurers
• Review current programs and comment on coverage improvements if necessary
• Ability to handle various premium programs --guaranteed cost programs;dividend programs;incurred retrospective programs; paid loss retrospective programs; large deductible programs.

Paper Flow Services Offered

• Certificates
• Audit review
• Posting notices
• Experience mod factor verification
• Automobile cards
• Benchmarking studies
• Binders/policy documentation
• Legislative/regulatory updates
• Policy/legal agreement review

Claims Assistance

• Advocacy role with insurers
• Sounding board on tough claims

Monitor Claims Handling Activities

• Claims review
• Review of services (actual vs. commitment)
• Setup of formal claims handling and special handling instructions

Loss Analysis

• Causality
• Claims reports
• Reserving practice
• Medical cost containment

Loss Prevention/Loss Control Services

• Coordinate service plan
• Monitor actual vs. commitment
• Setup of formal loss control/accident prevention services
• Benchmark service levels

Financial Analysis

• Loss forecasting
• Triangulations
• Retention analysis
• Retro calculations - buyout analysis
• Captive program analysis (in conjunction with the Marsh Captive Solutions Group)
• Qualified self-insurance analysis
• Collateral analysis - quantum and type
• Cash flow analysis
• Cost allocation modeling
• Retro/dividend calculation review
• Age to ultimate loss calculations
• Accruals/assistance with budgeting

Contractors/Project Developers: Benefits of an Owner-Controlled Insurance Program

• Cost effective
• Eliminates duplication of coverage
• Provides a stable insurance program
• Provides uniform loss control and claims management
• Allows for inclusion of firms that normally would not have an opportunity to bid on a contract
• Provides the following services under owner-controlled insurance program management --electronic solutions for tracking and monitoring information on projects from start to finish;tracking contractor enrollment, contract progress information, and payroll administration;assistance with bid deduct and cost savings information.

Our objectives include:

• Providing thought leadership on current and emerging industry issues and developments
• Providing a central resource for all Marsh clients' issues relating to workers compensation
• Providing recommendations and implementation of solutions with clients, in conjunction with Risk Consulting and the Casualty Practice
• Serves as a information channel to clients and colleagues to access timely and accurate information on the ever-changing subject matter of workers compensation
• Provides a portfolio of proprietary advisory products that reduce workers compensation claim severity

Marsh Canada has access to the specialized resources provided by the U.S. Workers’ Compensation Practice to assist our clients on complex placements as well as claim and/or services issues.