Risk Management and Workers’ Compensation
Non-Profit Services Case Study
The Request
Help reduce ongoing risk exposures and rising premiums.
Company Profile
Industry: Non-Profit Services
Employees: 1,800+
Supports: 28,000+ children, adults and seniors
Operates: 18 core programs
A non-profit that fills gaps in the community through resources and services faced ongoing risk exposures and rising premiums. Each year, the customer would set targets and meet them, yet its premiums continued to increase.
The Solution
Multi-pronged approach to define new goals to help impact premiums.
Brown & Brown worked with the customer to define new targets. Instead of setting arbitrary goals that did not impact premiums, the team worked closely with the customer to define goals that focused on its financials, training and communication.
This multi-pronged approach aimed to reduce the bottom line from three key areas. Through consistent training and communication, employees were better equipped to perform their jobs safely and effectively. This led to a reduction in costs and quicker return-to-work timelines.
The Results
More than 1 million dollars in savings due to a reduction in workers’ compensation claims.
A key part of working with Brown & Brown was the customer’s ability to shift from a reactive stance to a proactive and preventive stance.
As a result, the non-profit saved more than 1 million dollars due to a reduction in workers’ compensation claims. Beyond financial savings of claim reduction, employees were also able to return-to-work faster. The savings were reallocated to fund services and compensation increases, both of which are meaningful to the employees and aided the customer in recruitment and retention.
Ready to help minimize your risk and uncertainty?
Contact us for more information.
DISCLAIMER: Brown & Brown, Inc. and all its affiliates, do not provide legal, regulatory or tax guidance, or advice. If legal advice counsel or representation is needed, the services of a legal professional should be sought. The information in this document is intended to provide a general overview of the topics and services contained herein. Brown & Brown, Inc. and all its affiliates, make no representation or warranty as to the accuracy or completeness of the document and undertakes no obligation to update or revise the document based upon new information or future changes.