Business Services Industry

Wausau Insurance's Multiline Productivity Poll found that most companies that have integrated multiple lines of insurance with one commercial insurance carrier have seen significant savings in productivity with almost 75% of these respondents experiencing a savings of at least 4% annually on their overall risk management program

Risk Management, May, 2005

Wausau Insurance's Multiline Productivity Poll found that most companies that have integrated multiple lines of insurance with one commercial insurance carrier have seen significant savings in productivity with almost 75% of these respondents experiencing a savings of at least 4% annually on their overall risk management program.

Two-thirds saved at least $2 in lost productivity expenses for every $1 saved by reducing workers compensation claim expenses while some 60% saved at least $1 in lost productivity expenses and related uncovered loss of value for each $1 saved by reducing claim costs for general liability, property and commercial auto lines.

COPYRIGHT 2005 Risk Management Society Publishing, Inc.
COPYRIGHT 2008 Gale, Cengage Learning
 

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