Ceo
CurrentThe WorkPlace Solution is a group captive Workers’ Compensation program for best in class businesses looking for an alternative to traditional insurance. Regardless of the workers’ comp market cycle, captive insurance programs such as The WorkPlace Solution offers business owners a new and exciting level of control and financial independence.All the members of The WorkPlace Solution control and own a portion of the group captive. Business owners have greater control over their revenue and they – not an insurance company – benefit when the captive is profitable.As The WorkPlace Solution only accepts profitable, well run businesses into the program, we currently are running loss ratios of less than 20% and iStock_000053399546_LargeWorkers’ Comp mods averaging .88 – resulting in profits going back to the owners year after year. In a traditionally insurance scenario profits would be kept by the insurance carrier. Our solutions protect well-managed businesses by providing what they want most: proactive claims management, risk control that works and an opportunity to recoup underwriting profit.
