29 Nov High Mod Workers Compensation Carrier
Curious about Synergy Comp – the high-mod workers’ compensation carrier?
The reason we exist is to help create workplaces where employees feel safe, respected and valued because engaged employees create well-run, growth-oriented companies.
Our Focus
Synergy Comp is a high mod workers compensation carrier located in the state of PA.
We specialize in high experience mod standalone workers compensation by combining a proactive, hands-on approach with SOS Safety Solutions to bring the Synergy of Safety (SOS) model to your business.
Synergy Comp partners with companies that have an experience modification rate of 1.0 or higher; seeking to improve their safety culture, which drives down their overall costs.
The higher the premium and mod, the more compelling the Synergy message becomes for the prospect.
Our Results
Synergy Comp, and SOS Safety Solutions partnered with A.J. Blosenski in 2012.
The three organizations began working hand-in-hand to produce impressive results.
“We had the fortunate opportunity to partner with Synergy Insurance and SOS Safety Solutions for our workers’ compensation starting in 2012,” states Anthony J. Blosenski.
“The business model they have in place has enabled our company to go from being ranked 443rd in our industry to number 1. In this same period of time, our experience mod has gone from 0.972 to 0.644!”
2011 PRE SYNERGY
Incurred Cost $299,301
Average Claim Cost $54,561
Experience MOD .972
2018 WITH SYNERGY
Incurred Cost $72,857
Average Claim Cost $3,208
Experience MOD .744
IMPACT
Incurred Cost 68% Decrease
Average Claim Cost 94% Decrease
Experience MOD 23% Decrease
*With Synergy Data as of 08/13/2018
In Addition
Human Resources, Rachael Farber also commented. “The SOS Model helps us reduce our claim’s frequency and the open communication with our Claim’s Managers lets the employee know that we’re on their side. The greatest benefit has been the reduction in our experience mod. In 2016, our mod was .644 which ranked us first in trash and recycling companies in the state of Pennsylvania. We also went three years with zero lost time accidents.”
Synergy Comp looks to build long-term partnerships that are mutually beneficial and aimed at growth.
Lastly, we offer our services to a well-defined target market and to forward-thinking clients who are ready to get serious about workers’ compensation.
If you are serious about improving your workplace safety, or have any questions regarding our hands-on program, contact us today!
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