Expect more SERVICE. Get more SAVINGS.
1
FEWER
CLAIMS
Claim frequency DROPS
18% over 5 years.
2
LESS
COSTLY
CLAIMS
Claims beat industry costs
by 28% and close 27%
FASTER than the industry.
3
LOWER
EX-MODS
Average ex-mod declines
25 POINTS over 8 years.
3
EXPERIENCE THE
POWER OF
“ICW Group helps me save
on my work comp premium costs.”
Rick Sweeney
Straub Distributing Company
3
EXPERIENCE THE
POWER OF
1
Cumulative Frequency Reduction
-6%
% Change
-8%
1. FEWER CLAIMS
-6%
-10%
Innovative Risk Management
-9%
-12%
•• ICW Group works with you to develop practical safety solutions to meet
-11%
-12%
-14%
your unique needs.
-16%
-18%
-18%
•• You receive on-site risk evaluation, customized training and on-going
program management.
1st
2nd
3rd
4th
5th
Renewal Term
2
•• Our proprietary myResource and RMRx online tools help you manage and
reduce your losses.
Average Indemnity Claim Cost
ICW GROUP
Average Claim Cost
70k
60k
28% Better*
64.0k
50k
40k
62.9k
62.6k
63.6k
51.0k
51.1k
50.3k
Strategic Claims Expertise
•• Our low average caseload per examiner means you receive personalized
hands-on claim management for faster claim resolution.
52.3k
•• Your claims are reviewed by our highly skilled Triage Unit for early
identification of complex and/or disputed issues.
2012
2013
2014
•• ICW Group’s Claims Examiners give you added claim control and help
2015
your employees return to work.
Annual
* Based on five year average
Average Ex-Mod Per Policy Year
3. LOWER EX-MODS
120%
115%
Ex-Mod Factor
2. LESS COSTLY CLAIMS
65.2k
44.7k
2011
3
WC INDUSTRY
110%
Premium Cost Savings
115%
111%
105%
•• Lower your ex-mod and receive the most value from your workers’
compensation insurance.
106%
100%
102%
95%
97%
90%
96%
90%
85%
1st
2nd
3rd
4th
Renewal Term
5th
6th
7th
V1