Raising the Standard for Workers’ Compensation Claims Administration
About us
Fairbanks Risk Management empowers your organization by embedding a dedicated claims specialist into your current Workers’ Compensation team. We act as your strategic advocate, working alongside your existing TPA and carrier to reduce exposure, accelerate claim closures, and improve your bottom line. With a proven track record of consulting success coupled with our experience as a fully functioning TPA, Fairbanks helps your organization close claims faster, reduce reserves, reduce overall exposure, and elevate the level of service received from your current TPA. We do this without disruption, without vendor replacement and without adding to your organization’s internal headcount. Having Fairbanks on your side, provides strategic support to enhance efficiency, streamline communications, reduce exposure, and drives measurable results for your Workers’ Compensation Program.
Fairbanks Risk Management advocates for the level of service that your organization deserves for its Workers’ Compensation Program.
HOW FAIRBANKS DELIVERS RESULTS
Embedded Claims Consultant Oversight: A dedicated Fairbanks claims specialist that works directly alongside your team providing real-time oversight, proactive strategy, and consistent communication.
Financial Oversight & Exposure Reduction: We review reserves, settlements, and claim trajectories to identify savings opportunities and reduce unnecessary costs.
Claims Strategy & Resolution: We analyze claims ensuring streamlined, efficient medical care to drive faster closures while minimizing risk.
Strategic Communication: Your Fairbanks claims specialist acts as a direct liaison among TPA adjusters, defense attorneys, applicant’s attorneys, and medical providers keeping all parties aligned and claims moving towards closure.
Internal Team Support: We help your staff elevate their workers’ compensation expertise through best practices, benchmarks, and expert guidance.
Expectation Elevation: We raise the standard of service you receive from your TPA.
THE RESULT
A more organized, supportive, and high performing workers’ compensation program delivering:
- Faster claim closures
- Reduced Reserves and Reduced Overall Exposure
- Streamlined Communication ensuring your WC team receives the highest level of service standards drives
WAYS TO PARTNER WITH US:
PROJECT BASIS:
- Short Term Claim Surge Support
- Cost Reduction Initiatives
ONGOING BASIS:
- Immediate Intervention on New Claims
- Implement Cost Reduction SOPS
- Continuous Claims Support