HIG GLOBAL Stewardship Program

STEWARDSHIP PROGRAM

HIG Global is proud to offer a Stewardship Program to our key business partners. As part of our commitment to quality service, we will review your business to maximize every dollar spent to properly insure your organization and create a customized Stewardship Report. This Report will be presented to you on an annual basis.

HIG Global, together with our risk management partner, IRISK Solutions, will focus on claims management, loss control and risk management assessments. We will analyze data from your insurance program for the past year, and asses the current program as it compares with the risks your business faces each day.

Stewardship will include these items to help make sound business decisions:

Account Status- Program participation (review of services provided)
Loss Ratios
Claims- Frequency & Severity, Development, Analysis
"Benchmarking" - comparing your claims against industry averages
Geographic Distribution- Losses & Impact
Location- Frequency & Severity
Managed Care/Cost Containment
Loss Control- Trends, Recommendations, Services
MOD Master tm Workers Comp forecast, and it's effect on premiums
Risk Management recommendations and service options

Ultimately, Stewardship will help strengthen the current insurance program, and obtain the most competitively
priced coverage long-term.