{"id":1199,"date":"2022-02-22T18:07:07","date_gmt":"2022-02-22T18:07:07","guid":{"rendered":"https:\/\/apptechllc.com\/?p=1199"},"modified":"2024-09-23T13:14:51","modified_gmt":"2024-09-23T13:14:51","slug":"who-knew-part-two","status":"publish","type":"post","link":"https:\/\/apptechllc.com\/who-knew-part-two\/","title":{"rendered":"Who Knew: Part Two"},"content":{"rendered":"<p>In <a href=\"https:\/\/apptechllc.com\/who-knew\/\" target=\"_blank\" rel=\"noopener\">an earlier post<\/a>, we wrote about the ways in which companies go about reporting the incidents that spawn claims. And we recounted a conversation we\u2019d had with a prospect on the subject of that reporting.<\/p>\n<p>We recalled that post and that conversation in a more recent exchanges with another prospect. That made us think about what kind of risk-management reporting some companies might be getting. More important, it made us think about the extent to which many companies settle for what they\u2019re getting.<\/p>\n<p>Here\u2019s a transcript of the exchange:<\/p>\n<blockquote><p><strong>Us:<\/strong> What kind of risk-management reports do you get from your TPA or from your claims system?<\/p>\n<p><strong>Them:<\/strong> You mean loss runs or summaries?<\/p>\n<p><strong>Us:<\/strong> No. Risk-management reports. You know, the kinds of reports that would let you identify loss trends and such.<\/p>\n<p><strong>Them:<\/strong> Oh, you mean like reports of accidents, injuries, and stuff like that?<\/p>\n<p><strong>Us:<\/strong> Uh &#8230; not exactly. We were thinking more along the lines of reports that break down losses by type, by individual, by activity, by geography, and a number of other factors that could help you mitigate your risks and costs.<\/p>\n<p><strong>Them:<\/strong> Gotcha. You\u2019re talking about the kinds of report that would help us improve safety, reduce the probability of accidents, and minimize our exposures.<\/p>\n<p><strong>Us:<\/strong> Exactly!<\/p>\n<p><strong>Them:<\/strong> Whew. Now we\u2019re on the same page.<\/p>\n<p><strong>Us:<\/strong> Precisely. So, now that we understand our terms, what kind of risk-management reports do you get from your TPA or from you claims system?<\/p>\n<p><strong>Them:<\/strong> We don\u2019t get anything like that.<\/p><\/blockquote>\n<h4>It Doesn\u2019t Have to Be That Hard<\/h4>\n<p>If you find yourself in a situation in which you\u2019re not getting the risk reports you need to manage your risks adequately, you can do one of three things:<\/p>\n<ol>\n<li>Ask your TPA for them.<\/li>\n<li>Ask your risk manager for them.<\/li>\n<li>Get a system that will generate them for you on demand.<\/li>\n<\/ol>\n<p>We know what we\u2019d do. But we\u2019re biased because we know how easy it is to get the reports you need.<\/p>\n<p>If you\u2019re ready to find out just how easy, we\u2019d love to talk with you.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In an earlier post, we wrote about the ways in which companies go about reporting the incidents that spawn claims. And we recounted a conversation we\u2019d had with a prospect on the subject of that reporting. We recalled that post and that conversation in a more recent exchanges with another prospect. That made us think [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":1202,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1199","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Discovering Insights in Who Knew? Part Two<\/title>\n<meta name=\"description\" content=\"Discover the surprising insights in &quot;Who Knew? 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