Insurance & Premium Management
How to Determine Which WC Insurance Structure is Right for You
How to choose the insurance structure that fits your risk
Playbook content
Introduction
- PDFPlaybook outlineDownload · PDF
- One of the Most Intimidating and Misunderstood Topics in Workers' CompensationVideo · 5:38
Section 1
- 4 Cornerstones of Insurance StructuresVideo · 42:24
- Protocol check 1Pass at 70%
Section 2
- Clarifying Retained and Transferred RiskVideo · 16:24
- Protocol check 2Pass at 70%
Section 3
- Spectrum of Risk Financing, Risk, Reward, and ControlVideo · 3:55
- Protocol check 3Pass at 70%
About this playbook
Insurance structure is one of the most intimidating and misunderstood topics in workers' comp. This playbook sets out the four cornerstones every structure rests on, clarifies the difference between retained and transferred risk, and walks the spectrum of risk financing so you can weigh risk, reward and control and choose the right fit.
You will be able to
- Explain the four cornerstones of workers' comp insurance structures
- Distinguish retained risk from transferred risk
- Place each structure on the spectrum of risk financing
- Weigh risk, reward and control for your organization
- Choose the insurance structure that fits your program