RISK MANAGEMENT - Wrap-up Administration Services
Our wrap-up team has over 10 years of hands on experience in setting up and running wrap up insurance programs for our clients. We are involved in
all aspects of administering wrap-ups including feasibility analysis, program marketing, contract development, program manuals, coordination of safety and claims services,
payroll deductions and financial tracking, as well as drug testing and medical service setup.Financial Tracking: Report all financial data in understandable terms, including premiums paid, insurance deductions, claims costs, and projections of profitability. Safety and Claims Services: Consult with the owner and prime contractor to determine what safety and claims management program is best suited for the specific project. We evaluate, advise, and train personnel as needed to ensure the success of the program. Issuance of Subcontractor Policies and Certificates: Review, issue and provide policies and insurance certificates to all enrolled contractors. Payroll Deduction Processing: Obtain payroll information from all subcontractors on a monthly or quarterly basis to calculate accurate insurance amounts owed and report to the owner or general contractor for proper deductions. |