Accolades
"Synergy Comp Insurance Company has proven to be the most proactive Workers' Compensation Insurance Carrier we've had in years. They have provided comprehensive training for both management and employees; facilities audits with follow-ups and an aggressive claims review and management. I would recommend Synergy Comp Insurance Company.”
T. Bruce Sales
Bob Jackson, Plant Manager
Risk Analysis
Synergy Comp, like no other insurance carrier, provides you a continual assessment of your business, trends and development of your Workers’ Compensation experience. We work directly with you, through your Loss Prevention Consultant, to reduce the uncertainty of Workers’ Compensation claims and how they affect your bottom-line. Our process of risk analysis and Synergy of Safety™ are not provided by another carrier in our industry, except Synergy Comp. The analysis of your business does not end with the proposal, we work with you throughout the year; creating the Long Term Relationship that allows you to provide your employees with a safer work environment and increase your bottom-line.
One of the "Core" Elements of the Synergy of Safety is the Accident Repeater Policy and Program. On average, companies' prior Accident Repeater frequency accounts for approximately 66%. When a company moves to Synergy Comp the Accident Repeater frequency is reduced to 32%. You can check out our philosophy on this and the other Synergy of Safety programs here.
Claim Costs are affected by Direct and Indirect cost drivers, both of which directly effect your bottom-line. Synergy Comp educates our accounts on, "what is the average cost of a claim within your company?" Prior to engaging with Synergy, companies' average claim costs are $3,750. Since 2006, we have experienced an average claim cost of $977 for our entire book of business. You can check out our philosophy on how we drive down claims costs through the Synergy of Safety programs here.
Claims Resolution | Risk Analysis | Loss Prevention