Workers’ Compensation premiums represent the second largest employee related expense for an employer after payroll. Workers’ Compensation direct and indirect costs can be brought to a consistent expense level through the implementation of effective management systems tailored to your organisation and the industry within you which you operate. RiskTech can provide consulting services through our alliance partner WCD Workers’ Compensation Solutions in the areas of:-
- Premium management;
- Claims management;
- Statistical analysis;
- Insurers and providers;
- Self insurance, self administration and outsourcing;
- Training and education; and
- Compensation performance profiling.
WCD will create a tailored management programme embracing appropriate aspects of the foregoing, each phase costed and structured to meet individual needs.
WCD Workers' Compensation Solutions specialise in providing contemporary management systems, which assist in controlling premium via focussing their service effort and products on the key elements which drive the overall compensation issue. WCD will analyse your business, its compensation requirements and offer advice and develop programme solutions which reflect your needs. This is achieved through consultation with all relevant parties, within your organisation, involved in the process.