Travelers is one of many insurance companies now using drones to survey and photograph roofs and other difficult to see areas. This eliminates the need for adjusters to climb on ladders and walk-in precarious places. Not only is this a safer method for the adjusters, but it saves time for the home-owner, as well. For Carol, the whole process only took about 20 minutes!

Brandon Scarborough, Cobbs Allen Kansas City Senior Vice President and BenefitsPRO advisory board member, shared a few thoughts with Scott Woolridge for the article Your Move. Brandon said that brokers already have the necessary tools to help organizations contain costs.

When a company experiences significant increases in workers’ compensation costs, it usually triggers internal activities aimed at reducing insurance costs and spending. The key to spending fewer dollars is more than the absence of accidents; it is having a sound safety management system designed to continuously reduce the impact of operational failure. This is where a safety management system can bring about compliance with the Occupational Safety and Health Administration (OSHA) standards and yield significant savings by reducing injuries and illnesses, saving workers’ compensation dollars.

Volatile commodity prices can affect the value of a company’s assets and liabilities, but most importantly, this risk can seriously impact operating profit. Historically, the only option to mitigate the pricing risk was through traditional hedging programs, using derivatives.  This process is complicated and expensive.

Brandon Scarborough, Cobbs Allen Kansas City Senior Vice President and BenefitsPRO advisory board member, shared a few thoughts with Scott Woolridge for the article Your Move. Brandon said that brokers already have the necessary tools to help organizations contain costs.