Summit Risk Management is in business to help employers avoid costly lawsuits, government fines, worker injuries, loss to property, and to help employers become more profitable. Due to the fact that employers face additional exposure and risk each year, our focus is primarily on preventative policies, procedures, and training. In fact, the employer burden has increased significantly since the early 1900's. For more information on the costs employers face, review the Burden of Regulation flyer. In fact, you will see on the Burden of Regulation brochure that 3 out of 5 business's will be sued, or had some complaint filled by one of their employees or former employees. The average jury award is $250,000, with more than 58% of these businesses having fewer then 100 employees. The statistics are staggering.
It may seem impossible to beat these odds, but there are many employers reducing their exposure significantly. To learn more about how to beat the odds, contact one of our Risk Managers to assist your company in determining, and managing your risk.
It may seem impossible to beat these odds, but there are many employers reducing their exposure significantly. To learn more about how to beat the odds, contact one of our Risk Managers to assist your company in determining, and managing your risk.