What is Risk Management?
Risk management encompasses all the steps a company takes to assess and minimize the consequences of potential threats that could impact day-to-day operations. It’s an ongoing, complex, and time-consuming process. Doing it well takes focused attention and specialized expertise.
Two primary sources of risk in any business are workplace safety issues and workers’ compensation claims. Without proper policies and procedures, advance planning, and effective risk management, an adverse event in either of these areas could derail your company’s growth.
As a trusted risk management solutions company and certified professional employer organization (PEO), we save you time, money, worry, and stress, so you can concentrate on growing your core business.
Why Is Managing Risk So Important for your Business?
When your company assesses risk and responds by implementing a risk management plan, your team will both reduce the chance of accidents happening and be prepared to efficiently solve problems if they arise. These steps position your company to resume normal operations more quickly, with the least impact on your bottom line.
Risk Management Solutions for Workplace Safety & Workers' Compensation Claims
Minimizing risks is key to long-term success. Without risk management planning, your company’s future is left to chance – but, like many smaller companies, you may not have risk management expertise in-house. Relying on the experienced risk specialists at Axcet HR Solutions helps keep your employees safe and your company compliant with workplace safety regulations. Axcet’s risk management solutions help small to mid-sized businesses identify and mitigate threats, improve safety and minimize claims losses.
If an accident does occur, we come alongside clients during and afterward and work tirelessly to make sure your business and employees are whole again.
Why use a PEO for Workers' Comp?
Small Business Risk Management Services
Axcet works with you and your employees before, during, and after an accident to make sure your business and employees are whole again.
Axcet’s risk management consultants are workers’ compensation and workplace safety experts. When you partner with Axcet – a trusted risk management PEO – you can be confident your employees and business are protected.
Our risk management experts provide comprehensive, pay-as-you-go workers’ compensation insurance, and we adeptly manage any injury claims your company faces. With Axcet, you don’t have to worry about legal compliance or making a mistake that could lower productivity, employee morale, and profits.
If workplace injuries do occur, we take ownership of the claims process, drawing on a thorough knowledge of the workers’ compensation system to reduce our clients’ exposure. Our claims services include counseling clients on injury investigation best practices. We work directly with injured workers, health care providers, insurance adjusters, and, if necessary, attorneys while providing you with status updates every step of the way.
When you have Axcet risk management specialists on your team, you have fewer hassles, less paperwork, and lower risks.
You also have a safer workplace. Our safety team includes a risk manager, claims manager, and safety and health consultant – each with decades of experience to serve you. These professionals support your business by applying best practices and developing customized risk management strategies that enhance safety and mitigate claims losses.
A thorough initial risk assessment is the best starting point for developing a tailored workplace safety plan. When Axcet undertakes that process on your company’s behalf, we identify potential hazards from both safety and regulatory standpoints and then work with you to correct them. Axcet also assists with OSHA inspections, responding to citations, and abating the violations that led to them.
Our customized safety programs are designed to keep your business operating at peak levels while making sure your employees go home safely at the end of each workday. These programs include safety policies and procedures that we develop and help you implement, covering everything from evacuation plans, emergency preparedness, industry-specific safety guidelines, and first aid and CPR training. Axcet’s risk specialists also help you take care of your workers by identifying and correcting ergonomic-related health risks in the workplace.
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Mock OSHA audit and job-site safety inspections and recommendations
Safety program development
Safety policies and procedure development and implementation
Industry-specific safety training
Safety committee development, implementation, and facilitation
First aid and CPR training
Personal Protective Equipment (PPE) assessments
Injury investigation and consulting
OSHA inspection, citation, abatement, and response assistance
OSHA record keeping
In-house claims management team
Injury management protocols and consulting
Accident compensability and fraud investigation
Medical provider management
Return-to-work policies and procedures development and consulting
Substance abuse policy and procedures development
Claims cost containment
Our Approach to Managing Risk
Our safety consultants work hand in hand with you and your team to provide the most effective risk management techniques for avoiding and managing any unfortunate accidents. From mock OSHA inspections to CPR training and individual safety training, we take a very personal approach to ensuring your business and employees are safe.
Thankfully, accidents don’t happen every day. So when they do, it’s tough to know what to do. Fortunately, you can turn to our experienced claims management team for all the help you need to manage the process for you and your employees.
Safety and Risk Management Expertise You Can Use Now
10 Best Practices for Workers' Compensation Claim Management
Managing risk in the workplace starts well before an injury occurs. Even though the number of serious workplace injuries and illness fell from 2017-18, their cost increased. Find out 10 best practices for workers’ compensation claims management.
Complete Guide to an OSHA Inspection
Business owners and managers who know how to prepare for an OSHA inspection can take steps today to protect their businesses. In this free white paper, our safety experts discuss the top 10 things you need to know to prepare for and effectively manage an OSHA inspection.
5 Ways to Improve Productivity Through Safety
Safety should be at the heart of every business, from manufacturing and construction to the typical office environment. But some organizations find themselves continually falling short. Find out five ways safety makes a bottom-line difference.
Workplace Safety: CPR Training Can Be a Lifesaver
CPR—short for Cardiopulmonary Resuscitation—is an emergency medical procedure used to help victims of cardiac arrest. CPR aims to restore circulation and keep victims alive until they can receive additional medical attention. The procedure is simple and ....
10 Best Practices for Workers’ Compensation Claim Management
While every measure should be taken to reduce risk, in the unfortunate event an employee gets injured, steps can be taken to minimize employee recovery time and overall claim cost. Axcet’s Steve Donovan, Director of Risk Management, shares his top 10 steps for effective claims management. Donovan has been with Axcet for more than 21 years and is a Certified Risk Manager (CRM). ...
Full Service PEO for Small Businesses
We are your comprehensive IRS-certified* PEO solution for HR services.
Managing your risk (OSHA, workers' comp., etc) can be confusing and daunting. Frequently Asked Questions.
A few frequently asked questions – and answers – for those interested in learning more about outsourcing your human resources to certified* pros.
Risk management refers to the practice of identifying potential risks in advance and assessing and controlling threats to an organization's capital and earnings. These threats, or risks, could stem from numerous sources, including financial uncertainty, legal liabilities, strategic management errors or accidents. Risk management allows businesses to prepare for the unexpected by minimizing threats and extra costs before they happen.
We utilize our experience and knowledge to help clients achieve their safety and compliance goals every day. Our safety consultants work hand-in-hand with you and your team to provide best practices for avoiding and managing any unfortunate accidents. From mock OSHA inspections to CPR training and individual safety training, we take a very personal approach to making sure you, your employees and your workplace are safe.
Our safety team includes a risk manager, a claims manager and a safety and health consultant – each with decades of experience to serve you. Working together, they support your business with safety and risk best practices, creating custom strategies to enhance safety and mitigate claims losses.