Service offerings for manufacturers
Manufacturers need innovative solutions to reduce costs. In fact, Zurich workers' compensation customers who partnered with Risk Engineering on workplace safety and risk management achieved a 13% reduction in claims frequency and more than 25% reduction in total loss costs. Customers who engaged our workers' compensation absence management team realized a 20% reduction in lost time claims frequency. (Each for year 2007 & 2008.)
Key services provided by Risk Engineering
- FirstReport Online – offers online incident reporting which utilizes current OSHA forms and includes recordkeeping, analysis and training capabilities
- Global Supply Chain Risk Analysis – conducts an analysis of the current trends affecting the supply chain and offers guidance on how to identify and analyze those risks, and offers recommendations implement necessary changes
- Cost Trends and Insurance to Value (ITV) tool – presents a tool that provides accurate property and business interruption limits
- Virtual Consulting – An on-line tool that provides immediate access to loss control tools and resources including primary industry hazards by SIC code, loss control strategies and best practices, technical information on industry risk topics, web-based text and video training, sample policies and procedures and links to other useful industry-specific web sites
- Workers Compensation Diagnostic tool – provides manufacturers of all sizes greater insight into their workers compensation claim history, allows them to identify where problem areas may lie and offers a comparison to others in the industry
Risk Engineering expertise
- Zurich Services Corporation has more than 800 risk specialists, 65 product liability professionals, and over 30 risk engineers certified in Lean-Six Sigma.