From 2021 to 2024, Diversified Logistics reduced injury rates and costs by integrating modONE safety technology and proactive leadership. Key improvements include a 61% drop in claim frequency, $1M in managed care savings, and reduced insurance costs. Compared to industry standards, they report lower injury rates, aided by modONE’s training, timely incident reporting, and enhanced safety culture.

In the modern business environment, the implementation of a Risk Management Infrastructure like modONE is not a luxury—it's a necessity. Companies that embrace this proactive approach not only safeguard their employees and assets but also enjoy substantial cost savings and time efficiencies.

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To decrease your workers' compensation insurance premium, focus on enhancing safety training, improving workplace safety, and managing risks proactively. Implement safety audits, a return-to-work program, and correct job classifications. Consider higher deductibles, shop around for better rates, and leverage wellness programs. Consulting with an insurance agent for tailored advice can also help.

Workers' compensation claims involve steps like immediate response, documentation, filing, investigation, and possibly court appearances for disputes or allegations of safety violations. Technology like modONE can significantly aid business owners by providing digital documentation, real-time incident reporting, and data analytics, demonstrating compliance with safety programs. This not only supports businesses in managing claims but also in preventing future incidents.

Workers' compensation costs, influenced by a company's claims history and experience modifier (Ex-Mod), can be reduced through a comprehensive safety program. Such programs, which include risk assessments, training, and incident reporting, not only lower insurance premiums by decreasing claims but also enhance the company's reputation, improve employee morale, and boost productivity, making safety investment a strategic choice for any business.