Digital technologies transform musculoskeletal care by integrating patient data, enhancing communication among providers, and supporting proactive care models. This shift from paper-based processes leads to better patient outcomes and a more efficient healthcare system.

As workers’ compensation leaders prepare for the coming year, key trends in managed care programs are rapidly emerging. By proactively identifying and responding to these developments, leaders can significantly enhance long-term claims outcomes.

Generative AI is set to revolutionize risk management in 2025, driving digital transformation, enhancing operational efficiency, and proving its ROI to skeptical executives.

While careful implementation is essential, AI agents mark a significant evolution in how insurers can use technology to automate their operations. 

When standard lines insurers pull out of states or risk, it often creates a gap in the insurance market. This is where the E&S market plays a crucial role.

Thankfully, research that aids best practices in workers’ compensation is available.

Newfront’s Jake Daly shares how he found a sense of community and belonging in the insurance industry after serving in the military.

The use of AI in underwriting, greater global volatility and the ongoing threat of cyber incursions will be key trends in 2025.

Parametric insurance for natural catastrophes can teach us a lot about how parametric insurance for reputational risk works to our benefit.

Leveraging integrated data empowers organizations to make superior risk management decisions, driving strategic initiatives and enhancing competitive advantages.

Act immediately to prevent harassment as defined by federal and state anti-discrimination laws. 

The future of workers’ compensation will depend on AI systems that operate on accurate data and are transparent in their recommendations.

“Focusing on outcomes, even with small additional costs up front, is poised to improve the overall injured worker experience both for employee and employer.”

A recent study by Travelers revealed that 35% of workplace injuries occur during an employee’s first year on the job, resulting in more than 6 million missed workdays.

To ensure strong governance practices, it’s essential to comply with ESG regulations, uphold ethical business standards, and maintain transparent reporting.

Many business owners assume that BI is covered under their business owner’s policy or commercial property policy. They are not always aware of what may or may not trigger coverage, or that it may be an optional coverage that needs to be customized.

Developing tech solutions looks easy — until you try it. But while time-consuming hurdles are inevitable, it’s possible to avoid the worst of them with the right planning.

In sports, the effort to get the injured worker back in the game as fast as possible is secondary to the cost of doing so. So why is workers’ comp still making cost control the primary driver?

If everyone committed just one day a year to thinking through the risks and compiling an actionable plan, insureds and their employees would gain significant peace of mind and lives would be saved.

In the complex landscape of middle market business operations, risk management stands as a watch guard, protecting employees and organizations from the unforeseen and the preventable. Yet many leaders still don’t think about risk management as a key performance metric for a productive and healthy business.