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A worker is injured on the job every 7 seconds. 12,600 workers are injured on the job every day. And, those injuries are costing companies 104,000,000 lost production days. These stats, courtesy of the National Safety Council, paint a sobering picture of the modern workplace. But, it’s a picture most companies are now attuned to in today’s business landscape.
eMaxx’s captives programmes have delivered a 46 percent reduction in frequency and significant impact in the severity of claim outcomes, one year after the energy captive programs were created, the group has said.
This is the second of a two-part series that looks at commercial truck insurance and how carriers can influence their insurability and affect their rates. Part 1, “Rise in truck crashes, large payouts, expected to boost insurance renewal rates this year,” can be found here.