Expertise with Workers Compensation Insurance
From New York, The Coyle Group has developed a deep domain expertise in Workers Compensation insurance and risk management services and focus on this line of business in a dedicated Practice Group. Worker injury is probably the largest contributor of indirect costs in your organization’s Total Cost of Risk. For this reason buying a policy, which is required by law, is not the singular solution to handling worker injury risk. A more comprehensive approach is required to manage both the direct and indirect costs that arise and eat away at your company’s bottom line profit year in and year out. While there are a variety of risk financing options available to larger employers; such as guaranteed cost insurance, dividend bearing safety groups, retention/deductible plans, retroactive rating plans, and self funded insurance, there must be a larger view of controlling Workers Compensation risk.
Helping Companies Understand Workers Compensation Claims & Direct Costs
That’s where we come in to help your company in New York understand what each workers compensation claim is costing your company in direct costs through your experience modifier and ultimate premium, as well as through indirect costs that impact productivity, regulatory compliance, efficiency, and ultimately profitability. Studies have shown that for every dollar invested in risk control centered on worker injury there is a four dollar return on that investment. Many companies view loss control as the quarterly or semi-annual visit from their insurance company, but controlling worker injury risk goes well beyond that, and this practice group is dedicated to providing our clients the resources, tools and intellectual capital to maximize their ROI in safety, compliance and risk control. In many cases those resources are provided at no additional cost to our clients other than the premiums they pay for insurance.
For more information regarding our New York Workers Compensation Practice, review our blog and resources on this website which will give you an indication of the work we do with clients to drive results that go well beyond just an insurance policy.
Serving New York Businesses with Workers Compensation Insurance
Since 1929, The Coyle Group has been serving businesses with workers compensation insurance in Rockland County, Westchester County, Orange County, Putnam County, Dutchess County, Manhattan and New York Counties, Bronx County, Brooklyn and Kings County along with the towns of Nanuet, Nyack, Congers, Suffern, Valley Cottage, Pearl River, Tallman, Spring Valley, Stony Point, Orangeburg, Chestnut Ridge, Goshen, Pine Bush, Middletown, Newburgh, New Windsor, White Plains, Yonkers, New Rochelle, Bedford, Elmsford, Tarrytown and Hartsdale.
For more information about workers compensation insurance, please give us a call in New City, New York by calling 845-634-3606.