Welcome
to Brentwood Services Administrators!
One Company. One Focus. Workers'
Compensation
Rising
costs and a sometimes volatile insurance market have prompted
many employers to look for alternatives to traditional workers’
compensation insurance. Brentwood Services Administrators
specializes in utilizing “alternative-market” solutions, to
enable employers and employer groups to participate in the
rewards of successful risk management.
Workers’ compensation is one of
the few insurance policies where employers incur claims every
year. In the short term, the financial consequences of these
claims are paid for by workers’ compensation insurance. Over the
long-term, the cost of these claims is reflected in the premiums
paid to insurance companies.
Alternative market solutions
eliminate some of this “dollar-trading” of claims and premium.
In return for a significant reduction in premium, the employer
retains a portion of each claim up to a specific dollar amount.
This participation is achieved through the use of either a large
deductible insurance policy or by a per claim retention under a
qualified self-insurance program.
Brentwood Services can guide
client’s through the process of selecting a risk financing
approach that is most appropriate and can provide all of the
essential services that form the foundation of a successful
program.
- Examples of businesses
sectors we serve include:
| Health Care |
Construction |
| Manufacturing |
Road Builders |
| Distribution |
Home Builders |
| Governmental
Entities |
Services |
| Automobile
Dealers |
|
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Individual Self Insurance
Since workers’ compensation is a
significant challenge for most large businesses, an individual
self-insurance program may be the best solution. We provide
programs for companies with the characteristics to support a
successful self-insurance plan.
Large Deductible Insurance
Self-Insurance offers many
advantages, however for certain employers a large deductible
policy may be a better option and can be coordinated with a
self-insured program. By combining the deductible approach with
client centered claims management and loss control services, we
have successfully incorporated many advantages of self-insurance
into an insured program.
Self Insured Groups
Employers that are too small to
take advantage of self-insurance on their own may leverage the
benefits of this approach through a self-insured group. These
groups of employers pool their risk with other employers from
the same industry with the support of their state trade
association.
