Thursday, November 5—Workshop

H1. Practical Ways To Cut Workers Comp Costs

Workers compensation costs are the single biggest component of most contractors’ risk management programs. It is also the area where contractors have the greatest opportunity to take steps that can cut their overall costs. This workshop outlines practical steps contractors can take to ensure they are not paying more for workers compensation insurance and workers compensation claims than necessary. From basic strategies like verifying correct worker classifications and the calculation of the experience modifier, to more advanced techniques such as deductibles, subrogation, and utilizing the various credits available to contractors, attendees will leave this workshop armed with ideas for trimming and controlling workers compensation costs.

Sonja J. Guenther, Senior Vice-President, Willis of North America