Managing Behavioral Health in the Workplace
At the RIMS 2016 Annual Conference, Kimberly George, Senior Vice President of Sedgwick and Scott Daniels, Director of Disability for Comcast, discussed a proactive approach to managing mental and behavioral health in the workplace. The discussion focused on how Comcast deals with these issues. Comcast has a very diverse workforce owning a cable company, multiple television networks, and even theme parks. Behavioral health claims not only impact your employees directly, but they also can have a significant impact on your business. According to a recent study by IBI, four of the top six employment related concerns of employers was related
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The Politics of Guns Versus the Reality of Risk Management
The politics of guns in America are volatile, divisive and passionate, yet the risks that firearms present to organizations every day does not depend on the politics of the moment. Employers must deal with the reality of gun violence in America. This RIMS 2016 session discussed the legal aspects of what organizations can do and the practical implications of creating a firearms risk management program. Speakers included: Michael Lowry, Attorney, Thorndal Armstrong Delk Balkenbush & Eisinger Danielle Goodgion, Director of Human Resources, Texas de Brazil What Risks Do Firearms Pose? OSHA states that an employer must provide “employment and a
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The War on Employee Misclassification
The insurance industry loses more than $100 million per year in premiums when misclassified workers are added onto workers’ compensation policies. This RIMS 2016 session discussed the issues related to employee misclassification, including state and federal action on this matter and the impact on employer and insurer costs and risk. Speakers included: – Stephanie Watts, Resolution Manager, Gallagher Bassett – John Zeigler, Attorney at Law, Marshall, Dennehey, Warner, Coleman & Goggin The government has determined that many employers are misclassifying workers as independent contractors in an effort to avoid obligations to pay minimum wages and overtime, as well as unemployment,
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The War on Employee Misclassification
The insurance industry loses more than $100 million per year in premiums when misclassified workers are added onto workers’ compensation policies. This RIMS 2016 session discussed the issues related to employee misclassification, including state and federal action on this matter and the impact on employer and insurer costs and risk. Speakers included: – Stephanie Watts, Resolution Manager, Gallagher Bassett – John Zeigler, Attorney at Law, Marshall, Dennehey, Warner, Coleman & Goggin The government has determined that many employers are misclassifying workers as independent contractors in an effort to avoid obligations to pay minimum wages and overtime, as well as unemployment,
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Data Science for Risk Management
At the 2016 RIMS Annual Conference, Michael Elliott, Senior Director of Knowledge Resources with The Institutes presented a session on how risk managers can use the large amount of data for analysis. The Internet of Things (IoT) includes things like robotics such as exoskeletons which can enhance the capabilities of workers and help prevent injuries. Wearables can monitor vital signs from workers looking for signs of overexertion and other warning signs. Also, in transportation things like lane assist and other warning devices can help prevent injuries. Internal data sources include structured data such as claims history and safety data, and
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RIMS 2016 Annual Conference & Exhibition
Conference Chronicles will be blogging from sessions at RIMS 2016 on April 10-13 in San Diego, CA. The RIMS Annual Conference & Exhibition is the largest educational event for risk managers, held by the Risk Management Society™. As the preeminent organization dedicated to advancing the practice of risk management, RIMS is a global not-for-profit organization representing more than 3,500 industrial, service, non-profit, charitable and government entities throughout the world. Founded in 1950, RIMS brings networking, professional development and education opportunities to its membership of more than 11,000 risk management professionals who operate in more than 60 countries. For more information,
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View from the Top
At the 2016 Advisen Casualty Insights Conference, a panel of top insurance company executives talked about several issues in the casualty insurance marketplace. The panel included: Joe Peiser – Executive Vice President, Head of Casualty Brokering – Willis Towers Watson (moderator) Alexander Baugh – President, Liability and Financial Lines – AIG David Bresnahan – Executive Vice President – Berkshire Hathaway Specialty Insurance Duane Hercules – President – Safety National Chris Maleno – Senior Vice President – Chubb Group Timothy Turner – Chairman and CEO – RT Specialty Question: Millenials are now the largest segment of the U.S. workforce, yet only
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Predictive Analytics and Casualty Modeling
At the 2016 Advisen Casualty Insights Conference, an panel discussed how predictive analytics are being used in casualty lines of business including workers’ compensation, general liability, and D&O. The panel was: Mark Moitoso – Senior Vice President, Analytics Practice Leader – Lockton Companies (moderator) Vinny Armentano – Senior Vice President, Business Insurance Claims – Travelers Mark Brissman – National Predictive Analytics Practice Leader – AON Risk Solutions Hinson Han – SVP, Global Head of Business Solutionsi and Architecture – AIG Toby Unwin – Chief Innovation Officer – Premonition Question: What does predictive analytics mean to you? Answers: Taking an insane
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The Underwriter’s Viewpoint
At the 2016 Advisen Casualty Insights Conference, a panel discussed some of the concerns of casualty underwriters. The panel was: Debbie Weiser – President of Excess Casualty – Travelers (moderator) Connie Germano – SVP, Head of Specialty Casualty – Everest National Insurance Michael Hudzik – SVP, Head of Casualty Treaty Underwriting, Global Clients – Swiss Re Patrick Kenahan – SVP, General Casualty Manager, Bermuda – Allied World Don Pickens – Chief Underwriting Officer, Global Corporate North America – Zurich Question: What issues concern you from an underwriting perspective in the commercial auto line of business and how can employers improve
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TPA’s Changing Roles
At the 2016 Advisen Casualty Insights Conference, a panel discussed the changing role of Third Party Administrators (TPAs) due to new tools and methods of doing business. The panel was: Debbie Rogers – Senior Vice President, Global Risk Management – Aramark (moderator) Matt Merna – President – Chubb Global Casualty Dave North – President and CEO, Sedgwick Question: How have technology changes impacted the claims handling process? Answers: People with claims expect back and forth communication with the TPA in their preferred format. This may be email, but it may be via a text. The claim handling model needs to
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