As a Certified Risk Architect, I work with clients to design and build programs to mitigate and eliminate their risks. My goal as a CRA is to protect

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2 As a Certified Risk Architect, I work with clients to design and build programs to mitigate and eliminate their risks. My goal as a CRA is to protect your assets, reduce your liabilities and enhance your profitability by lowering your Total Cost of Risk.

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5 Full Time Risk Mgt Team vs. Part Time Risk Manager

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15 Tour of Facilities Employee Interviews Loss Control Survey Claims/Reserve Analysis Procedures Risk Management/Safety Policy Review Experience Modification Review Job Safety Analysis Employment Practices Emergency Planning Accident Analysis & Injury Causation Contract Reviews Insurance Program Design Review Training & Orientation Review Risk Assessments Claims Reviews Risk Management Service Plans Pre-renewal Strategy Sessions Human Resources/Employment Practices Audits

16 Intelligence Quotient for Risk Management (IQRM) 1 The Intelligence Quotient for Risk Management (IQRM) is a quantifiable risk assessment tool consisting of a systematic method to better understand the risk issues facing an organization. Each IQRM module has been crafted by one or more Subject Matter Experts (SMEs).

17 NCCI Experience Modification How Much Money are You Giving Up? Example: $100,000 in Premium 2014 NCCI Experience Modification 2015 Normal 2015 Minimum Modification $215,000 $139,000 $100,000 $88,000 $127, $51, $12,000 From Normal

18 Score Rating Description Risk Check Indicator Based upon your response to the Risk Check Survey administered by the Tedrick Group on March 5, 2015, the Risk Check Indicator for Southern Illinois Healthcare is. 95+ Outstanding Your organization is an industry leader in how this category of risk is managed Very Good Your organization is performing at a superior level yet seeks further opportunities to achieve best practices Good Your organization needs to elevate the management of risk with the goal of achieving best practices Average Your organization needs to enhance the management of this risk Below Average Your organization needs to address this risk with a sense of urgency. Key priorities must be identified. Emphasis should be placed on the Risk Check Survey results. Below 70 Poor Serious compliance and potential legal liability exposures exist. Immediate actions should be taken.

19 Get the Very Best Information to the Underwriter 1. Date Reported vs. Date of Injury 2. Mix of Claims Average Claims/25% are Loss Time 3. Claims over $50,000 Good Description of These 4. Return to Work Program 5. What is Your level of commitment? Tell your story. Example: How could we have prevented that bad accident? Return to Work Success Stories.

20 Recovery at Work Coordinator 1. Maintaining the list of Recovery at Work Tasks 2. Communicating with Injured Workers 3. Working with Supervisors to Accommodate Injured employees 4. Communicating with Doctors

21 When an employee is injured, there are only 4 reasons they can t be at work 1. They are hospitalized. 2. They are medicated in a way that makes it dangerous for them to be at work. 3. They are contagious. 4. They are bedridden.

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25 What Could ERM Audit Reveal? Implementation of Safety Programs Inconsistent hiring practices Inconsistent documentation of poor employee performance Need to manage growth with additional RM resources Need for Incident Tracking tool

26 What Could ERM Audit Reveal? Data security & cyber liability Cost of breach True cost of claims Workplace violence & harassment Insurance program analysis

27 What Could ERM Audit Reveal? Misunderstanding of benefits package Unaware of employer investment in benefits Non-compliance with HIPAA, COBRA, I-9 Forms Improved or new HR policies & procedures

28 Human Resources Consulting Professional on staff with 15 years of HR consulting HR Audit

29 Complete Compliance Control Web based service Personalized website HR Compliance: cobra, FMLA, updated forms Total Compensation Statements Employee handbooks Annual enrollment overview

30 Complete Compliance Control Safety training Legislative updates Mandatory work postings Intranet Post employee benefits, and improve overall communication Incident tracking

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34 Total Cost of Risk Cost of Risk Management Exposure to Loss Long-term Insurance Costs

35 Testimonials Because of the Beyond Insurance process, we can quickly make informed decisions on risk selection and pricing; and offer the insured our most favorable terms and conditions. The Beyond Insurance process offers a more in depth understanding of an insured s operations and exposures. It also enables us to gain comfort with the risk, and more of a willingness to accept the risk. The comprehensive risk strategy employed through the Beyond Insurance process embodies the concepts of intimacy, intensity and integrity. The process greatly clarifies risk acceptance and pricing decisions by us, and allows more comfort and flexibility in program design. We have great faith in the Beyond Insurance approach. It leverages all elements of the Risk management Process (diagnosis, design, implementation and monitoring) which invariably leads to a more rational and efficient allocation of our financial and human capital. The Beyond Insurance process quantifies both the hard and soft costs affecting customer margins, provides a much higher degree of satisfaction and retention, and greatly clarifies risk acceptance and pricing decisions by us.

36 The Tedrick Group recognized in National Publication In April 2013, the Tedrick Group was the cover story for Rough Notes magazine, the industry s longest running publication. The feature details the transition to our current business approach and highlights several of our key members along the way. The sum: clients have experienced considerable risk reduction with improvements in productivity and profit.

37 OUR PARTNERS

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