SELF INSURED WORKERS' COMPENSATION
Self Insured Workers’ Compensation Programs
Navigating self-insured workers’ compensation programs requires a strategic approach and industry expertise.
Alterity services are designed to help clients optimize plan efficiency, enhance compliance and minimize financial exposure.
We equip employers with the tools needed to maintain stability and mitigate risk.
Ready to unlock the full potential of your workers’ compensation strategy? Let Alteirty’s expertise and tailored solutions guide your workers’ compensation program to new heights of efficiency and profitability.
Our thorough discovery process includes accident reporting, safety programs and recommendations for enhancements.
Self-insurance is an option most businesses should explore. We conducted an analysis comparing self-insurance to traditional insured programs over a five-to-ten-year period. If self-insur¬ance is feasible, applications are submitted on your behalf, and we serve as the liaison with the workers’ compensation board throughout the approval process.
We analyze claims to ensure adequacies from all parties, as well as fiscal appropriateness of claims handling. We facilitate effective resolution of outstanding claims and provide counsel to reduce frequency or severity of future losses.
We identify and secure competitive excess insurance solutions to protect self-insured entities from significant financial exposure.
We oversee and administer self-insured programs, ensuring operational efficiency, risk mitigation and regulatory adherence. Quarterly performance and benchmarking reports are provided, highlighting actual results compared to budget, outlining losses in detail, reporting on safety program progress and identifying other important issues.
To secure quality partners, we customize and run a competitive and transparent request for proposals process for client vendors and third-party administrators.
We perform in-depth data analysis to uncover trends, root causes and actionable insights for improving claims outcomes and risk management.
Self Insured Workers’ Compensation Consulting Services
Whether evaluating self-insurance feasibility, managing claims, or securing competitive excess insurance solutions, Alterity provides expert guidance and tailored strategies to protect clients and their employees.