Monday, July 9, 2012

Understand Work Comp Retrospective Rating Plans

New training from Insurance Journal's Academy of Insurance. Register today!
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Work Comp Retrospective Plans
New Training from Academy of Insurance

Learn about the Different Types of Retrospective Plans and what to look for in the contract

Workers' Compensation Retrospective Rating Plans can be an effective method for employers to finance and reduce their injury costs. However, few agents understand the complexities of these plans or how to assess if they are the right fit to propose to an employer.

Even though the structure of these plans is similar, not all Retrospective Rating Plans are created equally. It is important to know what to look for in the contract to avoid unpleasant surprises.

With the Work Comp market tightening, agents are likely to see Insurance Companies offering Retro Plans instead of Guaranteed Cost Plans for employers with adverse losses. In a tight market, Insurance Companies often look to share the risk of losses with their employer clients. If you are not already an expert on Retro Plans, now is the time to get up to speed. Don't be caught off guard!

Click Here to Register

Participants of this webinar will learn:

  • The Different Types of Retro Plans
  • How Workers' Compensation Retrospective Plans Work
  • The Advantages and Disadvantages of Retro Plans
  • How to Calculate the employer's "Break-Even" Point and Maximum Risk Exposure
  • What to Look for in the Retro Contract to Avoid Surprises
  • How to Compete and Win New Clients with Your Knowledge of Retro Plans

When you register, you get:

  • Access to the live webinar
  • Video and audio recordings, so you can watch or listen again
  • Question & Answer session with the instructor
  • Audio download of the webcast
  • Presentation slides download

Join us this Wednesday, July 11th for this one-hour training webinar. (PLUS, all registrants will receive video and audio recordings of the webinar, so you can listen/watch again at your convenience.)

Space is limited!

Click Here to Reserve Your Spot!

Regularly priced at $129.00, just $89 when you
register today!
(special pricing expires July 10th)

Register Now

Have questions or need help?
Send an email to webcasts@insurancejournal.com
or call Barbara at 800-897-9965 x166.

Date: Wednesday, July 11th
Time: 1:30pm ET / 10:30am PT
Duration: 1 Hour
Price: Save $40 until July 10th! Register today for just $89!
Click Here to Register

Instructor: Frank Pennachio
Photo of Frank Pennachio Experienced consultant with a humorous style and an understanding of the industry.


More Great Training:

JUL 12: Property Valuation - This session will discuss the problems, pitfalls and potential solutions to a massive yet largely overlooked insurance industry issue.

JUL 18: Managing Workers' Compensation Injuries - When an injury occurs at work, the actions taken by management or co-workers can have a significant impact on the outcome of the claim. Join us as Stacey talks about ways to ensure a smooth claims process.

JUL 19: Insurance Industry M&A Activity - There are a number of trends forming in the insurance industry- do you know what they are?

JUL 25: Building Strength within Your Agency - If you're going to take a hard look at improving your agency's employee morale or maintaining an already positive work environment, then you should do so through the lens of specific, insurance related topics.

JUL 26: Five Court Cases You Need to Know by Name - Students completing this webinar gain an understanding of how the historical cases continue to affect the way insurance coverage is interpreted today.


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