Specialty Risk Services Brings Claims Experience to Texas WC System

Employers opting out of the Texas Workers’ Compensation system now have a new ally in the ongoing battle to manage rising loss costs.

Specialty Risk Services, LLC (SRS) is bringing its claim management expertise to help employers reportedly achieve exceptional outcomes in responding to workplace injuries. While the Texas Sunset Advisory Commission recently recommended several substantial changes to workers’ comp in the state and other reform initiatives from the business community are being offered, these proposals will not go before the Texas legislature until 2005. The earliest implementation of any reforms would be later in 2005.

“At SRS, we pride ourselves on our ability to provide innovative solutions to meet our clients’ most demanding needs,” said Joe Boures, president, Specialty Risk Services. “By expanding our portfolio of services, we are well positioned to assist Texas employers in the traditional workers’ compensation system as well as those who are nonsubscribers.”

SRS’ specialized network of medical providers addresses the unique requirements of nonsubscribers and touts a successful track record for working closely with both the employer and medical professionals on these highly specialized claims, according to Boures.

Employers in the Lone Star State get from SRS 24-hour initial contact of the parties, aggressive upfront liability and medical investigations, face-to-face contact on all catastrophic claims, and ongoing supervision as needed. Employers have at their fingertips all the information they need, with activities documented and available online.

In addition, SRS provides customized nonsubscriber loss control and safety services. These service capabilities, combined with an employer’s ability to direct medical care, to require timely notice of claims and other unique features specific to the nonsubscribing employer, can reportedly add up to potentially significant cost savings on workplace injuries.

To find out more about SRS’ nonsubscriber capabilities in the state of Texas, visit the Web site at www.specialtyriskservices.com.