Lovell Safety Management Presentation

In this short movie, you'll learn how Lovell Safety Management Safety Groups give your business the best Workers' Compensation insurance available. You'll learn what a Workers’ Compensation Safety Group is, how it works, and what dividends, benefits, and services you can expect from Lovell Safety Management.

Safety Doesn’t Cost—It Pays!

Providing NY Workers’ Compensation Insurance and comprehensive services and programs to help save money and lives since 1936, Lovell Safety Management stands for over six decades of secure, comprehensive Workers’ Compensation Insurance which continues to outperform today. To learn more, watch this short movie.

Lovell Safety Management administers thirteen major Safety Groups and is now the oldest, largest, and most successful Safety Group manager in New York State.

What is a Safety Group?

A Safety Group is a collection of companies who are in the same trade or industry. They have similar work conditions, safety hazards, and job risks.

These fully insured Safety Groups pool all the member’s annual premiums, and then deduct the costs of claims and administrative charges. The resulting balance is paid back to the safety group members in the form of dividends. In reserve is a contingency fund for future increases in on going claims.

Our Safety Groups have afforded group members an average dividend of 25-30% annually and an average discount of 20-25% annually. These savings are largely attributed to our comprehensive service programs.

Here is how our programs set us apart and help to secure such strong financial advantages for their clients.

Our Service teams

Lovell’s unique service teams focus on serving our clients in their specific regions. We make regularly scheduled visits to our clients, to review open claims and loss reports, and evaluate and discuss safety improvements and training.

Claims Reporting & Management

Lovell’s Claims Department offers innovative strategies aimed at providing immediate service for every claim. We handle claims fairly, quickly, and thoroughly. Early intervention, following an employee injury or illness, is key to Lovell’s successful claims management and reduction of Workers’ Compensation costs. Our claims department will continually monitor the claim to its resolution.

Early Intervention / Nurse Case Management Services

Our Early Intervention Program coordinates medical care so that treatment received by an employee is appropriate, timely, and cost-effective. When an employee reports an injury or illness, our Nurse Case Managers are on hand to monitor and assist the claim. This program provides crucial contact among employer, the injured employee, and the medical provider usually within 24 hours of any reported lost time claim.

Underwriting Services

Lovell’s Underwriting Department makes sure that each Group member secures its Workers’ Compensation Insurance at the lowest possible cost. Lovell’s care in enrolling new Group members protects our current members and means consistent control of Workers’ Compensation losses.

Lovell’s Underwriting staff helps with audits to ensure that proper classifications have been used and that the payroll included is correct. All aspects of the audit are examined to insure appropriate credits are applied.

Experience Ratings

Your experience rating also affects your premium. This is an annually revised comparison of a company’s losses and payroll to the average risk in that particular industry, and results in either a credit, which reduces the premium for that year, or a debit, which increases the premium.

Our underwriters analyze the data sheet issued by the Rating Board on all our member companies every year. We check for accuracy to verify that each member’s experience modification computation accurately reflects its experience for the previous years. This service can directly save premium dollars by making sure that you have the most favorable experience rating you are entitled to.

Occupational Safety & Health Services/Loss Control

At Lovell Safety Management, we know that workplace injuries can have a profound impact on your company’s fiscal health and on your employees’ physical health. To minimize the potentially devastating effect on both employer and employee, Lovell’s Occupational Safety and Health Department offers a comprehensive range of safety services.

Our Safety Program

Lovell Safety Management has been designing and implementing effective safety programs and practices for thousands of companies for over seventy years. Our familiarity with each Group member’s loss history and with the specific safety needs of our thirteen industries allows us to develop successful strategies for reducing claims. And that means cost savings for your company.

We provide the 10-hour OSHA safety course for competency personal training compliant with the New York City regulations. Lovell’s staff of professionals are OSHA certified instructors and certified Code 59 consultants.

Lovell’s Safety Alert is a periodic newsletter packed with industry-specific safety tips, and OSHA and PESH information that goes out to our clients on a regular basis. We offer guidance on understanding and avoiding citations, on obtaining informal hearings, and on complying with OSHA abatement requirements.

Code 59 Compliance

In accordance with Code 59, our Health and Safety Consultants can provide the following services:

  • An analysis of the workplace safety and loss prevention program
  • An on-site hazard survey of the facility
  • A written report on all findings, submitted within 30 days of the closing conference

Fraud Control

  • No matter what the source or origin, Lovell Safety Management is committed to assisting the State Insurance Fund in uncovering and eliminating fraudulent practices.
  • At Lovell, our mission is to make sure that our Group members get coverage at the lowest possible cost. So, we recognize our responsibility to aggressively pursue investigations into any suspected cases of fraud. And the record points to our success.

What does it all mean?

  • With Lovell Safety, you get fully insured coverage under a guaranteed cost program
  • Lovell’s Safety and Loss Control Services are the best available
  • We have unparalleled Claims and Underwriting Services
  • Consistent advanced discounts
  • Year-end cash dividends and
  • No joint and several liability (as opposed to self-insured trusts)

So, for big savings and a serious competitive edge, let Lovell Safety Management help you leverage your safety record today.

We are happy to work with your broker, have them call us today!

Call Us Today!

www.lovellsafety.com
general@lovellsafety.com
212-709-8600 • Fax: 212-269-6054
110 William Street, 12th floor, New York, NY 10038

Watch Our Presentation on Workers' Compensation