All Posts By

Kapnick Insurance Group

Aug 30

The Impact of Specialty Risk Consultations – A Kapnick Case Study

By Case Studies, Specialty Risk
Kapnick’s Specialty Risk experts provided a detailed management liability coverage consultation to help a real client fully understand how their policies would respond to claims. This consultation reduced risks and added value to their business. THE PROBLEM A large manufacturing client had a suite of management liability policies, including Directors & Officers (D&O), Employment Practices Liability, Fiduciary Liability, Cyber, and more. However, their leadership team struggled with the complex terms in the policies. They also didn’t fully understand how coverage would work during a claim. THE SOLUTION To address this, Kapnick’s experts scheduled a thorough management liability coverage consultation with the company’s legal counsel.…
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Aug 18

The Impact of Return To Work Programs – A Kapnick Case Study

By Case Studies, Risk Solutions
This case study highlights how real Kapnick clients have leveraged the return to work program benefits to safely get employees back to work while minimizing disability and medical costs. THE PROBLEM Workplace injuries can affect any business, at any time, regardless of industry. While risk management strategies help reduce accidents, they can still happen. When they do, having a Return to Work Program is critical. Delays in returning employees to work increase disability and medical costs and hurt productivity. Moreover, the longer an employee is absent, the less likely they are to return to their job. THE SOLUTION Creating an effective Return…
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Aug 17

The Impact of Office Ergonomics – A Kapnick Case Study

By Case Studies, Risk Solutions
This case study highlights how poor office ergonomics and workers’ compensation claims were driving up costs for a Kapnick client. By addressing ergonomic issues, the client reduced injuries, absenteeism, and premium costs. THE PROBLEM A Kapnick client with a large office staff faced significant workers’ compensation claims due to repetitive strain injuries. These included carpal tunnel syndrome, tennis elbow, and tendinitis. These injuries not only increased workers’ compensation costs but also caused absenteeism, presenteeism, and higher health care and disability claims. The Kapnick Risk Solutions team investigated and conducted a site visit. They found poorly designed workstations, including desks that were too…
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Aug 02

The Impact of Individual D&O – A Kapnick Case Study

By Case Studies, Specialty Risk
This case study highlights how Kapnick’s collaborative, One Firm solution helped a private client secure independent D&O coverage for board members. By addressing insufficient limits in the company’s policy, Kapnick protected the client’s assets while respecting budgetary constraints. THE PROBLEM A Kapnick private client was invited to join the board of a for-profit company but was concerned about the company’s general D&O coverage limits. In the event of a claim, the first line of defense is the company, followed by their D&O policy, and finally the individual director or officer. The client, unwilling to risk his hard-earned assets, needed to explore…
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Aug 02

The Impact of Lowering an Experience Modification Rate – A Kapnick Case Study

By Case Studies, Risk Solutions
This case study showcases how Kapnick helped a precision machine component manufacturer in reducing their experience modification rate. By implementing proactive safety measures, the company significantly lowered workers’ compensation costs and improved profitability. THE PROBLEM A precision machine component manufacturer faced skyrocketing workers’ compensation claims, driving their experience modification rate to 1.63. The frequency and severity of claims caused their premium to rise, cutting into profit margins and stalling growth. THE SOLUTION Proactive Steps for Reducing Experience Modification Rate At Kapnick, we focus on staying ahead. We use predictive modeling to forecast potential experience modification rates and conduct targeted claims analysis…
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Jul 30

The Impact of Health Analytics on Diabetes – A Kapnick Case Study

By Case Studies, Employee Benefits
Did you know that 1 in 4 healthcare dollars are spent on people with diabetes, and 9.4% of the US population is diabetic? This case study highlights how Kapnick’s diabetes cost management solutions helped one client save over $1 million in potential claims costs. THE PROBLEM When an insurer dropped coverage for a brand of insulin, Kapnick’s client faced challenges as diabetic employees were forced to switch to a generic medication. Some employees experienced severe nausea as a side effect. Kapnick’s team used Kapnick Lens to integrate, validate, and analyze the client’s data. This uncovered program correlations and cost drivers, helping the…
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Jun 25

2021 Mid-Year Market Forecast

By Kapnick News, Market Forecast
The business insurance market in 2021 remains tough. Rates are rising, capacity is shrinking, and businesses are adjusting to a hard market after a decade of soft conditions. COVID-19 continues to influence pricing, coverage availability, renewals, and underwriting. Here’s what you need to know to stay ahead. Understanding 2021 Business Insurance Trends After 10 years of declining rates and abundant capacity, the market has shifted. Rates will keep rising over the next year, but the increases should be smaller than those seen in the past 18 months. Capacity is slowly improving in some areas, but excess and umbrella liability coverage…
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May 28

2021 Market Forecast

By Kapnick News, Market Forecast
A Letter from Jim Kapnick, CEO I began my introduction to last year’s market forecast with the note that 2019 was a year of both challenges and opportunities. Most would say 2020 was a year of straight challenges. In the US, social upheaval and an election cycle meant uncertainty and stress, while the lingering coronavirus pandemic brought considerable devastation
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Mar 26
Kapnick 75th anniversary logo

Kapnick Celebrates 75th Year in Business

By Kapnick News
In 2021, we proudly celebrate a remarkable milestone: the Kapnick 75th anniversary. Since our founding in 1946, we have grown into one of the largest privately held insurance brokers in the nation. Therefore, this year, we are reflecting on our rich history. We are also celebrating our achievements and eagerly looking toward the future with a series of exciting events and initiatives. Honoring the Kapnick 75th Anniversary with Special Events To mark this momentous occasion, we planned a variety of private and public events throughout the year. Generously supported by our carrier partners, these celebrations highlight our ongoing commitment to…
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