Online Workers' Compensation Cost-Control Store Unveiled

MANSFIELD, CT -- (MARKET WIRE) -- April 9, 2007 -- Innovative tools that help every employer slash its workers' compensation costs are now available online at www.workerscompkit.com.

The online tools make a workers' comp cost-containment program affordable for small and medium-sized employers for the first time. A dozen products and services let companies implement workers' comp best practices at their own pace.

One product, the WC Target Score™, lets employers quickly learn if they're doing all they can to control costs. The score rates the number of best practices a company has from 0-100 and indicates how much room there is for improvement.

For companies with multiple business units, the Best Practice Profile ranks business units according to best practice use so the risk manager can easily monitor their progress. Similarly, brokers and agents can rank their clients and then tailor services for those that need improvement.

Other offerings include Recommendations for Improvement, Return to Work Ratio, Cost Reduction Modules & Tools, Transitional Duty Cost Calculator, Benchmarking Report, Submit-A-Claim and Workers' Comp Boot Camp™. The kit is designed logically and sequentially so employers can implement the program in steps or all at once.

A small employer can buy a single product for as little as $49. Alternatively, employers can buy the entire kit from $1,900 to $42,000, depending on the number of employees. The entire kit includes Best Practice Assessment, Benchmarking, and Improvement Plan organized into 10 educational modules containing over 60 customizable forms, presentations, scripts and brochures needed to implement a solid cost-containment program. All are supported by Live help.

The program is available for private labeling and can be customized and linked to company intranets. There is a wealth of free information on the site, including calculators and articles.

Companies typically spend 30% of their risk management dollars on workers' compensation, according to the RIMS 2004 Benchmarking Survey, but most managers are unsure how they can reduce these costs.

"Companies leave millions on the table each year because they don't have the tools to capture savings," said WorkersCompKit.com's creator Rebecca Shafer, an attorney and risk consultant, and former CEO of Aon's workers' compensation consulting unit. "Our system has been proven to cut costs from 20% to 50% for employers of all sizes. The secret is setting up procedures proactively so the right things always happen once an injury occurs."

Wayne Cramer, former risk manager with Vivendi and currently senior vice president, Richard F. Ferrucci & Associates, called Shafer "a master of workers' compensation cost control... The process she set up with us was easy but thorough. She knew what would and would not work in our environment and set us on the path to lasting cost reduction. Her breadth of experience helped us look at issues through a different lens and helped us consider alternatives we had overlooked."

For more information, visit www.workerscompkit.com, or write Info@WorkersCompKit.com.

Contact Information: Media Contacts: Henry Stimpson Stimpson Communications 508-647-0705 HStimpson@StimpsonCommunications.com Rebecca Shafer 860-456-5540 Info@WorkersCompKit.com