Another Question from Our Workers Comp Blog readers - There are a few companies that do Workers Comp premium reviews such as J&L. Do you do anything different than your competitors?

Answer - There are a few things that separate us from our competition. The main two are:

• Premium Audits/Reviews - I am a former Systems Engineer and programmer. We use homegrown software in doing our premium reviews. We are able to find more inconsistencies or errors in the premiums paid than our competitors. Our software drills down into the Workers Compensation data much further than the packaged software that is on the market as of today. As I have an actuarial/statistical, computer, and claims background, we are able to apply unique models to the data for analysis.
• Reserve Audits/Reviews - I have a heavy claims background that allows us to initiate a reserve review and a premium review at the same time. No premium review company has this level of expertise in both these areas. Ask one of the premium review companies about reserve reviews and they will usually tell you that they know of someone that they can refer you to in another company or they will refer you to a sub-contractor.

We are able to analyze both areas to the fullest. We start with the premiums paid and work our way back to the E-Mod and then to the reserves on the Workers Comp files. We then analyze the reserves to make sure that the files are reserved properly. We do all of the statistical processes "in-house."

I regret sounding like advertising, but it is the truth. We are not in business to be like the other companies.

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