))
Handling a Hardening Market: Insights from Mike McDonough
Manage episode 430243466 series 3566072
Treść dostarczona przez Kaya Stanley. Cała zawartość podcastów, w tym odcinki, grafika i opisy podcastów, jest przesyłana i udostępniana bezpośrednio przez Kaya Stanley lub jego partnera na platformie podcastów. Jeśli uważasz, że ktoś wykorzystuje Twoje dzieło chronione prawem autorskim bez Twojej zgody, możesz postępować zgodnie z procedurą opisaną tutaj https://pl.player.fm/legal.
In this episode of the Self-Insurance Podcast, hosted by CRMBC, we tackle the intricacies of workers' comp self-insurance with Mike McDonough, the broker principal of McDonough Insurance Services.
Drawing from his 30 years of experience, Mike offers a deep dive into the advantages of self-insurance over traditional insurance carriers. Key topics include the concept of a hardening market, criteria for joining a self-insured group, the importance of managing claims, and how self-insurance provides more control and financial benefits for employers.
Get valuable tips on how restaurant owners can protect themselves in a hardening market and much more. Don't miss Mike's expert insights and practical advice!
00:00 Introduction to Self-Insurance Podcast
00:33 Meet Mike McDonough, Industry Expert
03:04 Understanding the Hardening Market
05:31 Differences Between Self-Insurance and Traditional Carriers
08:44 Criteria for Joining a Self-Insured Group
12:44 Benefits of Self-Insurance for Restaurant Owners
14:16 Closing Advice for Navigating a Hardening Market
17:15 Final Thoughts and Farewell
Please visit CRMBC for our latest news.
Follow us on LinkedIn for content highlights.
See the latest videos on YouTube to see us in action.
And connect with CEO Kaya Stanley on LinkedIn.
24 odcinków
Udostępnij
