More specialized practice groups will be launched throughout the year
The Workers Comp
By Ryan Smith
Liberty Company Insurance Brokers, one of the fastest growing privately held brokerages in the US, has announced the launch of its National Complex Workers’ Compensation Practice Group.
The workers’ compensation group is the first in a series of special practice groups to be launched throughout the year, Liberty said.
The group will be led by Kirk Aguilera, managing partner of Liberty. Aguilera has 30 years of industry experience and expertise in every aspect of workers’ compensation, Liberty said.
“With a strong focus on allocated expenses, payment processes, and the importance of controlling costs to drive revenue, I am excited to use my skills and learnings to continue to help clients in manage their workers’ compensation programs more effectively and with greater results. , ultimately driving business results,” Aguilera said.
Aguilera and his team develop a customized implementation work product that fits the unique needs of each client, Liberty said. For example, their process resulted in a 785 claim closing rate in the year it took place. The product also reduced the pure loss rate of clients up to 35% in the first year, and the severity rate decreased to half the cost of previous years despite the increase in the frequency of claims.
The workers’ compensation group also has deep experience serving middle-market clients in a variety of industries, including manufacturing, wholesale and distribution, security, health care, and restaurants and hospitality.
“As a company, Liberty is committed to innovation and delivering the highest level of value to our clients,” said Bill Jonson, founder, chairman and CEO of Liberty. “With our expanded range of specialized services, we are well equipped to meet the ever-changing needs of our clients, positioning us for continued growth and success. We are pleased to continue to delivering innovative solutions that exceed our clients’ expectations and create great results for their organization.
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