If you’re a business owner or HR leader, you probably focus on keeping employees safe and managing your workers’ comp premium. But there’s a number behind the scenes that plays a big role in how much you pay—your loss ratio.
What Is A Workers’ Comp Loss Ratio—And Why Should You Care?
From wearables to insurance: How Kinetic is revolutionizing workplace safety
In this episode of Over the Air, host Bill Brock sits down with Haytham Elhawary, co-founder and chief strategy officer of Kinetic, to explore the company’s evolution from a wearable tech startup to an innovative insurance provider focused on workplace safety.
What most workers' comp buyers get wrong
When it comes to buying workers’ comp insurance, most business owners focus on one thing: price.
Don’t Wait: 5 Key Reasons to Report a Workplace Injury Promptly
Time is critical when reporting a work-related injury—especially for frontline workers who are the backbone of a company. When these essential employees are sidelined, productivity suffers, and workers’ compensation costs rise. Delayed reporting can increase claim costs by up to 51% according to NCCI research and lead to longer recovery times, legal complications, and compliance risks.
The hidden cost of workplace injuries: What you can't afford to ignore
Workplace injuries—common among frontline workers—are costly to employers and employees alike.