Business Issue

OVD engaged a large manufacturing company with a plan to address their adverse experience mod. The
manufacturer had been with the same agent for over 20 years and had an experience mod of over 1.60
for the last 7 of those years. Looking for a fresh approach to claims and risk management, the manufacturer
decided to partner with OVD.

Action Plan

The OVD team worked closely with the client’s senior leadership team to develop a plan focused on
reversing the trend of increasing workers’ compensation costs. The plan included:

The Plan :

_01 Conducting a Risk Control Assessment to help identify and prioritize the action plan
_02 Formalize a Safety-Committee and have OVD participate as an active member
_03 Train all supervisors on Job Hazard Analysis (JHA)
_04 Conduct an Ergonomics Assessment and training at all locations
_05 Continued recurring training for all supervisors

The Agent and Claims Team at OVD focused on educating the client and establishing a claims management process that included:

• Early reporting of all claims
• Establishing and educating supervisors on a transitional return to work policy
• Create a light duty job bank that could accomodate almost all restrictions
• Recurring claims review meetings


The hard work began to pay off for the client after year one – OVD presented a Dividend Workers’ Comp
program which ended up paying back 23% (just over $71,000) of the total annual premium. The experience
mod continued to decrease in each new year. Within 4 years, the client’s experience mod dropped from a
1.74 to a.63 – which resulted in their Workers’ Comp cost decreasing by over 65%.

Download the Manufacturing Dividend Case Study here.

Disclaimer: Individual results will vary.

Summit Series

View Events
March 19, 2021

American Rescue Plan Act Of 2021

Tripp VanderWal speaks on the American Rescue Plan Act of 2021 in this webinar presented by OVD Insurance.

October 6, 2021

Transportation Insurance ’21

In this webinar, presented by OVD Insurance, Josh Stoll, Kate Paciorek, and Matt Fabry speak about leveraging data and regulations.

February 6, 2020

OVD Cyber Security Summit 2020

On February 6th, 2020, OVD Insurance hosted a Cyber Security discussion as part of their ongoing Summit Series, focusing on important topics and trainings essential to the business insurance landscape.