Wrap Claims Services

Managing your claims is key to your project’s success.

A Wrap-Up or Controlled Insurance Program (CIP) includes Workers’ Compensation and General Liability insurance coverages. A Wrap-Up provides the Sponsor of the program (either the Owner or the General Contractor) any opportunity to reduce costs when structured properly. This is an effective way for the Sponsor to gain fiduciary control of the risk management program of a project while improving loss performance and lower overall insurance expenditure.

Our Claims Services can help achieve these goals. TSIB has a wealth of experience evaluating and managing all manner of Wrap-Up exposures. TSIB’s proactive Claims Management approach goes above & beyond to make sure you have successful outcomes. When implementing a Wrap-Up you want to make certain you have an experienced Claims team that can handle all situations that arise.

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Wrap-Up Claims Services Include:

  • Third Party Administrator (TPA) Selection & Assessment, which includes:
    • Establishing claims measurements
    • Special handling instruction
    • Reserve and settlement authority
    • Dedicated claims team assessment
    • Review of medical networks
    • Return-to-work due diligence
    • Litigation management oversight
  • Insurance cost recovery evaluation
  • Dispute resolution support
  • Quarterly Claim strategy & case reserve reviews with action plans
  • Analysis of loss trends to identify corrective action Crisis Management planning
  • TSIB claims advocacy strictly adheres to industry claims best practices.
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Our Proactive Claim Management Philosophy:

  • Commitment to best practices
  • Educating our clients
  • Aggressive strategic claim advocacy
  • Relationship building with vendors & carriers
  • Meaningful stewardship — deep dive into loss drivers
  • Transparency
  • Teamwork
  • Crisis preparedness

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