Why WPS makes sense for your Construction Business…

Why WPS makes sense for your Construction Business…

The WorkPlace Solution Construction

Controlling Premiums and Effective Claims Handling made all the difference to DiGiorgi Roofing & Siding.

My initial interest in an alternative to the conventional insurance carrier was cost savings and containment of premium.  To somehow find a way to mitigate the constant fluctuation of premium, usually due to circumstances well beyond our control.  I’m pleased to report that we have in fact stabilized our premiums since joining the Captive and actually have seen a reduction in this most recent renewal.

Secondly, when a claim does occur – having an active role in the claim process helps us have a much more positive outcome. Once again the Work Place Solution hits the mark.  I’ve been able to positively influence my premiums by containing and in some cases reducing the cost of claims by actively working with the WorkPlace  Solution Staff of professionals from inception to final conclusion.  A unique and gratifying experience.

Bottom line The WorkPlace Solution operates as if I, the customer, designed it… Very refreshing!

 

Charles J. Marino, CFO – DiGiorgi Roofing & Siding, Inc.

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“All businesses take risks. Great businesses manage risk.”

 

  • Captive insurance is a strategic business planning tool for managing your Workers’ Compensation cost in a very structured and tax efficient way.  Not only is The WorkPlace Solution an efficient risk financing tool, it will also provide many tax benefits to you, your business, and your family.
  • As a member you are also an owner – Each member of The WorkPlace Solution has equity in the company, as an owner you gain back control over your finances vs. working with a traditional carrier for your Workers’ Compensation coverage
  • Risk Sharing – The WorkPlace solution allows you to share your risk with each member, all of whom have similar risk management and loss control strategies in place.
  • Our Members are carefully chosen – all members of The WorkPlace Solution are carefully chosen, on average our Modification Factor is .88 resulting higher profitability for the company and therefore the ownership.
  • A+ Claims Service – We emphasize early, aggressive medical intervention, extensive utilization review, and aggressive provider contracting as an effective means of reducing the cost and duration of workers compensation claims and increasing profits back to the Captive and its members.

A Word from the CEO…

I’m a businessman first and a Risk Management professional second.  At the end of the day, we all want a profitable company, happy and healthy employees and a succession plan in place.  I started the WorkPlace Solution to offer my best in class clients an option.  An option that gives them control over their risk management, puts money back in their pocket when they’ve done a great job at controlling risk and gives their employees A+ claims service thereby making their business far more profitable and appealing.

If you are ready to take control of your risk management program and join the likes of Charles Marino of DiGiorgi Roofing & Siding email me today and we can set up a time to have a 15-minute conversation about your business goals and strategies.

Email me Today!

David Sinclair, CEO

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Are you ready to turn one of your biggest business expenses into a profit center?

The goal of The WorkPlace Solution is to provide our exclusive group of members a solid program to reduce claims and turn what once was a large draw on their P&L statement into a profit center.

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