You wouldn’t swim in shark-infested waters because of the risk. So why do we see people willing to risk their lives by disregarding a vaccine that works?
Not only did Eric Gardzina and his team valiantly respond to the challenges of the pandemic, but they also spent the last year creating their own risk retention group.
On-board sensors, telematics and wearables present ample opportunity for carriers and their insureds to collect and put to good use loss-prevention data. However, the Holy Grail in this endeavor is sharing that data in a transparent, collaborative way.
Alternate risk transfer vehicles are getting more attention these days in workers’ compensation, given how much the pandemic pressured some business models.