Kathleen Peck, Arm, Aic Email & Phone Number

Greater Minneapolis-St. Paul Area

Greater Chicago Area

As a member of the MVP Executive Team, Kathleen is tasked with assessing the occupational liabilities incumbent in a staffing business model. She is developing loss reduction and loss prevention programs. She is also implementing effective and concise early intervention programs aimed at the reduction of the claim costs to support MVP’s growth model, increase sales and maximize profit.Multiple programs aimed at cost containment and improved claim outcomes were created and implemented. A partnership with partnership with ReEmployability was introduced. ReEmployability’s Transition2Work® program matches injured employees with temporary light duty assignments at not-for-profit entities when the host employer is unable to accommodate light duty onsite. Participation in the program has been shown to improve employees’ sense of value and self-esteem while keeping them in the workforce until they are released medically to safely return to full duty. An early medical mangement program was created with Genex to pair with ReEmployAbility’s light duty return-to-work (LD RTW) program. Based on the results to date, MVP is seeing referrals into the LD RTW program being made at earlier opportunities. Combining the TCM and LD RTW program allows the injured employee to return to work in ANY capacity. This approach has significantly impacted the claim duration as well as the average claim cost on closed claims. Kathleen is futher focusing Risk Management efforts on safety programs to improve overall loss prevention to reduce the number of losses bineg incurred. By using a multi-pronged approach to MVP’s high claims costs, Kathleen has ensured that each layer of MVP’s workers’ compensation program builds off the other and works in sync to support MVP’s associate employees, leadership, stakeholders, and MVP’s bottom line.

Eagan, Mn

I was responsible for the complete insurance review as well as insurance program design based on the company's preferred risk assumption. I support our business' profitability by recommending options to insurance purchase.My passion is to help companies control their Commercial Insurance spend while maintaining the contractual coverage(s) they are required to carry. The largest premium is typically found within the Workers Compensation Program. I can bring you superior proven methods for the management of your Workers Compensation Program. This leads ultimately to significant cost savings in the insurance premium as well as supporting a safer and healthier work environment for your employees.A key contribution i achieved was the significant reduction in the Insurance premiums specifically within the Workers Compensation costs. I successfully reduced the experience mod factor over 50% within a three year period. I successfully closed out entire policy years of claims, reducing current and future risks as well as costs. I implemented and conducted routine safety meetings with host employers. This built unity and transparency developing strong client relationships and partnering.As your partner and Risk Manager, I work hard to improve your P&L through savings as well as cost control measures.

Greater Minneapolis-St. Paul Area

I improve the overall Communication with our Clients, Carriers and other parties that are attached to the insurance process, claim or contract.I assist with clients with their Claim Perfection / Determination of Liability under a variety of coverages. Denial of coverages are reviewed in cases where the client does not feel these are warranted. Policies are reviewed and coverage discussions are held with carriers.I enjoy providing assistance to our clients with their multi-lines, multi-state claim concerns. Together we establish a strategy for resolution supported by sound financial reserves. • Claims Reviews• Review for Liability / Compensability • Strategy / Resolution / Settlement Value(s)• Financial Values supported by the Strategy• Establish Future Accountability for all parties attached to the claimClient Loss Runs are analyized for trending of Loss Experience / Lessons Learned – Where will we have the best opportunity to focus Loss Prevention and make the best long term impact for the client.I calculate projected experience mods as clients experience develops. I also provide e-mod projections in conjunction with proposed claim strategys to assist the cleints with making an informed decision.

Greater Minneapolis-St. Paul Area

Risk & Insurance Consultants will guide you and your company through the risk management process to make and implement informed property and casualty insurance decisions. We do not sell insurance. We help solve the insurance problems that keep you awake at night. Using experienced risk management professionals can save you time and money by focusing valuable internal resources to the management, operation(s) and investments of your business. We know how to customize your insurance coverage to keep your costs in line with your needs.How well is your story being told to the underwriters?As your Outsourced Risk Manager, we have the knowledge and experience to help you differentiate your business from your competitors. Let us bring any prior problems you have experienced in the past to the underwriters in a positive, proactive light for the best possible assessment of your risks and renewal.We will take the worry out of your insurance program by getting you the facts, bringing you the creative solutions, keeping you informed of market changes, analyzing your policies and endorsements and staying on top of your claim exposures.

I was responsible for property and casualty renewals. This involved gathering, maintaining and updating all required underwriting data and completion of the insurance application for both primary and excess layers.I managed a complex Pollution Legal Liability project involving extensive environmental data gathering, establishing and populating an online database and updating to control additional locations. I co-authored the RFP seeking an environmental consultant. Interviewed candidates and made recommendation to management. Reviewed multiple insurance quotes for primary and excess coverage. As a result of these efforts, broad coverage was placed under budget.I managed all claims including Workers Compensation, Auto Liability, General Liability on a nationwide basis. Results include improved communication between injured employees and plant management. I coordinated settlements across insurance policy periods, rsulting in faster closing of claims and signifcantly reduced costs. Negotiated renewal pricing, contract and performance guarantee with third party administrator. Achieved a 46% savings between TPA claim fees and administration fees.I maintained monthly records from 9 distinct Risk Management Information Systems. I established the receipt or downloading of all electronic loss runs – eliminating paper loss runs and improving the actuarial process.

I was Responsible for all casualty claims including Workers Compensation, Auto Liability and General Liability. I established internal reporting guidelines for all claims improving the reporting processes, investigation and timelyness of claim reporting. I conducted regular claim reviews with the different insurer(s) spanning the historical insurance programs. Resolution strategies were developed, settlement ranges determined and plans for future action implemented. Pending claims were reduced by 72%.I reduced average claim costs in Workers Compensation by 52% and the average claim costs in Liability were reduced by 64%.I downloaded Risk Management Information Systems data from all insurance carriers both current and historical. Monthly RMIS reports were created for upper management.I worked closely with the Safety Professional to determine the root cause analysis of accidents for both the compensability issue as well as the opportunity of "lessons learned".

Psychology

Yes, Property Casualty Risk Management

Yes