Product

Statistical Analysis of Claims with Risk Management Recommendations

$3,000 per Analysis(recommended 1 time per year)
We cater our risk management recommendations specifically for each insured, based on their unique claims data. Some data points we look for include:
1. Top causes of claim frequency
2. Top causes of claim severity
3. Most expensive claims
4. Number of medical only claims as a percentage of total reported claims
5. Number of indemnity claims as percentage of total claims
6. Modification rating vs industry average
7. Claims where the claimant has been classified
8. Claims involving litigation
9. Average claim duration
10. Average time a claimant remains out-of-work
11. Average time the claimant returned to work on modified duty
12. Claim count over number of policies years
13. Claims reported within certain time frame from the insured
14. Claims reported within certain time frame from the claimant
15. Average length of claimant’s employment
16. Average age of the claimant when injured

$3,000.00

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Send email to Chad@NYWCPro.com for custom quote – based on average number of claims per year.