| Why Manufacturing Companies Are Now More Susceptible to Data BreachesMarsh and McLennan Agency LLC provides business insurance and corporate risk management solutionsTips for Controlling Workers' Compensation Prescription CostsWorkers’ compensation prescription drug costs have been a challenge for many employers in recent years. What can employers do to try and keep those costs in line?Electronic Logging Devices- A Hacker's New Window?The new ELD mandate will result in hundreds of thousands of new internet connected devices
and opens another opportunity for hackers to access, expose or destroy critical private or personal information. Trustee ExposureServing as a family trustee is a difficult position. Trustees are tasked with multiple responsibilities. Insurance carriers have long recognized the legitimacy of trustee professional liability exposures. Cyber Liability ProtectionMarsh and McLennan Agency LLC provides business insurance and corporate risk management solutionsSocial Engineering FraudSocial Engineering Fraud (SEF), a term that is used to refer to scams
criminals use online to trick, deceive or scam victims into releasing confidential information or funds, has cost U.S. business over $1.6B
since 2013.2018 P & C OutlookCombine 2017's natural disasters with substantial change in auto/ truck risks and higher jury awards, along with an increase in General Liability litigation and awards, and 2018 is turning out to be a year of rising insurance rates.Construction ContractsConstruction contracts are the blueprints to the relationship between the owner and the contracting parties. Understanding what each contract says, and
understanding how the contract impacts your company is critical.Texting While DrivingTexting increases the chances of being involved in a vehicle-related accident by 23 times. Texting while driving is not only hazardous, but costly too, and the insurance industry has taken notice.Business Insurance Tips for 2018Marsh and McLennan Agency LLC provides business insurance and corporate risk management solutionsSafety Resources- OSHA RecordkeepingOSHA’s recordkeeping requirements are designed to help employers recognize workplace hazards by keeping track of work-related injuries and illnesses. Knowing whether or not to record an injury on your OSHA Log can be tricky. Risk Assessment - Are You a Better Risk Than You Think?Assessing risk can be difficult. Sometimes it can appear in unexpected places, maybe at the
end of a chain of events, so it’s hidden from your view. It’s possible that you’re a far better risk than you realize.The Opioid Crisis- Why Employers Need to Pay AttentionOpioid abuse across the country is increasing. Employers need to take action before this growing crisis affects their workplace.Safety Resources - Winter Slips and FallsWinter is just around the corner. Now is a good time to proactively manage your winter slips-and-fall risks by planning ahead, identifying the risks and engineering controls.The 4 Myths of IT Data SecurityOctober 6, 2017 - True or False: Data breaches can happen to any company regardless of size or industry.Data Breach Risks During Annual EnrollmentOctober 6, 2017- Cybercriminals, identity thieves and hackers are willing to take drastic measures to infiltrate the data-rich annual enrollment process. How can you mitigate this risk?Truck Driving & Ergonomic ChallengesLong-haul trucking is an industry that present unique ergonomic challenges.Catastrophic Disasters2017 has shaped up to be one of the worst catastrophe loss years ever recorded. What will the effect be on the insurance market?Cyber Breach - EquifaxThe Equifax incident proves that a cyber breach can happen to anyone.DOL Workers Comp Program to Monitor Opioid UseJune 27, 2017 - Effective June 26, 2017, the U.S. Department of Labor’s Office of Workers’ Compensation Programs instituted procedures to monitor and manage opioid prescription use under the Federal Employees’ Compensation Act.Tips for Riding Out the StormPrepare your property and your policy for severe weather.Umbrella Policies-Customized Protection for High EarnersBusiness owners or executives—are increasingly at risk from threats to their assets and personal wealth. Most people have a portfolio of personal insurance policies, but a business owner or a top executive has a much different level of risk andLegalizing Marijuana Raises Legal Issues for EmployersMarsh and McLennan Agency LLC provides business insurance and corporate risk management solutionsProperty and Casualty Commercial Insurance 2017 - A Good Time to Re-Examine StrategiesProperty and casualty insurance experts say that insurance rates are likely to remain about the same, and perhaps even go down a little in some areas. Depending on how aggressive insurance carriers are going after new business, 2017 rates will probabCyber Privacy Law and Governance in the Spotlight After US ElectionDecember 5, 2016 -- Throughout the election cycle, anxiety over cybersecurity was a central theme, raising issues that businesses and government will face for years to come.PBJ Reporting & its Potential Impact on Workers' Compensation InsuranceLong-term care communities are facing additional obligations since CMS launched its Payroll-Based Journal (PBJ) system, but there are some opportunities as well. These include the potential for reductions in workers’ compensation insurance premiums.Environmental Risk - Finding the Help You Need in this Highly-Regulated AreaSept. 15, 2016--Environmental regulations affect all kinds of business, whether it's emissions, water pollution, shipping of hazardous material, keeping chemicals onsite, and more. This is becoming an area to look at when any company assesses risk. The Need for Flood InsuranceMarsh and McLennan Agency LLC provides business insurance and corporate risk management solutions2015 & 2016 Cyber & Data Security Risk Survey ReportMarsh and McLennan Agency LLC provides business insurance and corporate risk management solutionsMSBAIT Risk Protection Program Through Marsh & McLennan AgencyMarsh & McLennan Agency is the only endorsed insurance agency for property, casualty and workers' compensation insurance for MSBA member schools.Commercial Property and Casualty Insurance in 2016 - New trends and opportunitiesDec. 9, 2015--The commercial property and casualty insurance industry saw a lot of positive developments in 2015, along with new challenges in the area of technology and cyber liability. Social Engineering Impersonation FraudSept. 8, 2015--Impersonation fraud, also referred to as social engineering, can take several forms. It often occurs when a criminal pretends to be a high-level executive, a CEO for example, requests a wire transfer from a lower-level employee. Workers Compensation Fraud - A challenge and an opportunityAug. 3, 2015--Workers compensation fraud remains a big challenge for employers: it can be an expensive drain on a company’s bottom line, and it has traditionally been hard to prove. There are ways address it in a smart and comprehensive way.Duluth Builders Exchange Group Safety Dividend Insurance ProgramThe Duluth Builders Exchange Group Safety Dividend Insurance Program delivers reliable insurance protection with preferred rates and a chance at getting an “insurance refund” through a local agency committed to your industry and our community.Is captive insurance a good fit for your company?May 10, 2015--Considering that the model can save companies money by allowing them to self-insure and (in many cases) band together with similar companies, it’s no wonder that captive insurance is a concept that continues to grow. Job site safety - Controlling losses and reducing claimsMay 4, 2015--In a time where the workforce is aging and workers’ compensation claims are a major concern, it’s likely that safety in the workplace—especially in the construction field—has never been more important.Anthem Cyber-AttackFeb. 11, 2015--On Wednesday, Feb. 4, Anthem Inc. released news that it was the victim of a cyber-attack in which the personal information on 80 million individuals was stolen. Anthem notes that its internal investigation is ongoing.News Release - Survey Spurs Marsh & McLennan Agency to Educate Mid-Market Employers on Cyber and Data RiskJan. 20, 2015--Marsh & McLennan Agency LLC (MMA) is launching a focused effort to increase awareness of the cyber and data risks facing small and midsize employers.Business Insurance Outlook for 2015Dec. 23, 2014--As 2014 winds down, businesses are looking ahead and planning for 2015. In property and casualty insurance there is less upheaval and change, but businesses still need to think carefully about their strategy for 2015 and beyond.US Senate Adjourns for 2014 Without Reauthorizing TRIPRAMarsh and McLennan Agency LLC provides business insurance and corporate risk management solutionsProperty & Casualty Update - July 2014July 20, 2014--The Property & Casualty insurance marketplace has been quiet lately. Insurers have been seeing good profits, rates have been relatively stable, and there’s not a lot of risk in the market overall.2014 Cyber & Data Security Risk Survey ReportNov. 20, 2014--Marsh & McLennan Agency (MMA) recently completed a survey of 582 companies across the United States, asking about their perceptions of and exposures to cyber risk.Taking Ownership of Your Workers’ Compensation ProgramOct. 28, 2014--Effective management of your workers’ compensation program can deliver benefits, including a decrease in lost time claims, reduced frequency of claims and, and a lower experience modification rating, which results in a lower premium.Ebola Preparedness ResourcesOct. 21, 2014--The Ebola Response Center contains links to articles and other resources, including an upcoming Webinar discussing the virus, what’s occurred so far, appropriate precautions and even pandemic preparedness.Work Comp Claims Refile Services Bring Substantial SavingsOct. 15, 2014--Marsh & McLennan Agency Claim Analyst Dan Nyberg learned that he surpassed his yearly goal of $100,000 in client insurance premium reductions through claim refiles. That left him with five months to continue pounding out more savings.Low-Tech Cyber RiskSept. 30, 2014--A recent study by Beazley P.L.C., that some in the industry media have picked up on, states that cyber breaches are most commonly caused by non-technical issues rather than sophisticated hacking schemes using malware or spyware. Disaster Preparedness UpdateSept. 24, 2015--Business owners have become aware of the need for disaster planning. It seems that “100-year-events” are becoming more frequent, and whether it be tornadoes, flooding, or other natural disasters, no one wants to be caught unprepared.Unwitting Victims - Target data breach shows smaller companies are at riskAugust 1, 2014--In December 2013, consumers were rocked by the news that Target, one of the nation’s largest retailers, had suffered a massive data breach. So why should small- and medium-size businesses be concerned?Workplace Ergonomics Fit the Job to the WorkerJuly 7, 2014--The need for good ergonomics in the workplace may not be a new message, but with workers’ compensation claims on the rise for a number of reasons, there is a new urgency to the issue. The Workers’ Compensation Experience Modification RatingThe key to reducing workers’ compensation insurance costs is controlling and reducing your experience modification rating.The State of Manufacturing® Results OptimisticMay 9, 2014--The results of Enterprise Minnesota's The State of Manufacturing survey project are intriguing. Most notable, however, is that confidence among Minnesota manufacturers is at its highest point in five years. Health Care Ricochet: New Solutions Called For as the ACA Threatens to Boost Workers' Compensation CostsMay 9, 2014--Among the least-understood and seldom discussed consequences for employers is the possible relationship between the rollout of the Affordable Care Act (ACA) and workers’ compensation claims.Six Key Workers’ Compensation Developments to WatchApril 9, 2014--Recently workers' compensation insurance coverage has been going through significant changes. These are occurring at the state and national levels, and are changing how it’s priced, what it covers and more.Top 10 Questions About the Experience Modification Rating AnsweredApril 9, 2014--Frequent questions about the experience modification rating and their answers.Manage Claims to Lower Your Workers Compensation PremiumApril 9, 2014--The best way to control your experience mod and workers' compensation insurance premiums is to analyze your safety measures, then address losses as they occur and after they occur using solid and proven claim management procedures.How to Ensure Your Experience Modification Worksheet is AccurateApril 8, 2014--The experience modification worksheet is a tool used by rating bureaus when calculating your workers compensation premiums. Errors on this document, while rare, do occur and can add costs to your workers’ compensation premium.Understanding the Experience Modification RatingApril 8, 2014--The experience modification rating (EMR) is the single aspect of the calculation used to determine your workers’ compensation insurance premium over which you have control. It can have an impact on the cost of work comp coverage.Changes to Minnesota’s Anti-Indemnification Impacts You and Your Construction ContractsApril 1, 2014--On August 1, 2013, Minnesota’s legislature enacted a significant amendment to the statute governing indemnification and risk-shifting in construction contracts. Learn the details about it and the actions you should take. Reducing Workers' Compensation Losses Case Study - RRTFind out how MMA helped this Minnesota employer lower its workers' compensation insurance losses by more than $156,000 and improve its loss ratio by 68%.What Companies Should Know About Cyber LiabilityOctober 21, 2013--In this article, Dan Hanson, Director of Management Liability, provides some insights into what companies should know about cyber liability, and why cyber liability insurance should be part of a company’s portfolio of policiesWhy Private Companies Need D&O InsuranceSept. 26, 2013--Privately held organizations can fall victim to lawsuits that can impact the company and its officers and board, making it imperative that they, too, seek the protection provided by Directors & Officers Liability (D&O) insurance. Understanding the Value of Integrated Risk PreventionSept. 10, 2013--Developing a results-oriented risk reduction plan and supporting it with a well-structured insurance program can help companies reduce overall risk costs. But that can be easier said than done.School Insurance Products & ServicesWith access to multiple insurance carriers, we are able to structure a school district insurance program that provides the protection necessary to run a high-functioning organization. Schools OverviewWe help schools throughout Wisconsin and Minnesota contain and manage insurance premium and risk costs, reduce accidents and keep employees safe and productive. Briefly From Bill - Cyber Security Issues Affect Small and Midsize Companies TooMay 10, 2013--Cyber-crime, network security, denial of service attacks, data breach. These terms had little relevance to anyone other than a handful of IT dudes scattered in basements somewhere in Silicon Valley until relatively recently.Cyber Liability: The Cost of a Data BreachMay 7, 2013--One of the most common questions we receive is: ”What is the cost to my organization if I fail to protect the confidential information of others?”Cyber Liability: Determining What Information is ConfidentialMay 7, 2013--Clearly, for an organization to understand their risk to a confidential information breach, it first has to understand what type of information may be considered confidential.Cyber Liability: Understanding Third-Party Exposure RisksMay 6, 2013--Failing to protect the confidential information of others creates many exposures to your business. At a high level these exposures can be broken down into third-party exposures and first-party costs to your business. News Release - Excellence in Risk ManagementNew York, April 22, 2013 – Senior executives and risk professionals are more aligned than ever on their views of the role that risk management should play in strategic planning. Cyber & Data Security Risk Survey ReportMarsh & McLennan Agency conducted a survey to find out how and what small and mid-sized employers are thinking about cyber and data security risk and the insurance protection available to them.Cyber Liability Protection - oldMMA is experienced and knowledgeable on cyber liability risk and the insurance products available to protect you in the event of a breach. News Release - Commercial Flood Insurance Rates Jump Availability Declines as Upper Midwest Flood Danger LoomsMINNEAPOLIS, March 28, 2013—Commercial flood insurance prices are rising as underwriters attempt to recoup significant flood losses sustained by Superstorm Sandy. Webinar--Maximizing Your Surety CreditWednesday, September 25, 12-1 PM
More information coming soon. Please check back.Wage Continuation ReportingMay 24, 2012--The practice of wage continuation has been deemed inappropriate when the carrier is not notified of the lost time resulting in inaccurate reporting to the state bureau for unit statistical purposes regarding a company’s experience modifBriefly From Bill - Three Upcoming Risks for EmployersMay 31, 2012--Three prominent risks facing employers include the upcoming health care reform ruling by the United States Supreme Court, a changing property and casualty insurance marketplace, and the pending storm season.MN DEED SurveyDec. 28, 2011--Most Minnesota manufacturers are predicting 2012 to be as good or better than 2011, according to a Minnesota Department of Employment and Economic Development (DEED) report.Insurance Market Changes - November 2011Nov. 14, 2011--At MMA, we're seeing effect from this hardening market, including less available coverage, less favorable terms for policy holders like higher deductibles and lower limits, tighter underwriting scrutiny, and higher insurance premiums.What to know about cyber liability policiesFeb. 13, 2013--In this interview with Dan Hanson, management liability director, you'll learn what types of coverage are provided by cyber liability insurance policies, how companies can analyze their actual risks from these “virtual attacks.” Concealed Carry in WisconsinSept. 30, 2011--Wisconsin has passed legislation that permits licensed and trained individuals to carry a concealed weapon. The bill, which will take effect Nov. 1, 2011, also allows people to carry loaded, uncased guns in their vehicles.CMV Drivers Banned From Cell PhonesJan. 4, 2012--The Federal Motor Carrier Safety Administration issued a new rule, effective, Jan. 3, 2012, prohibiting interstate commercial motor vehicle drivers from using hand-held cell phones while driving.Distracted DrivingMMA provides business insurance and corporate risk management solutionsBeyond OSHA compliance--How an increased safety focus can benefit employersJan. 30, 2013--Risk & Safety Consultant David Rumsey discusses OSHA compliance and overall workplace safety, and how they can work together to positively impact a company’s bottom line. OSHA Seminar Video PromoJan. 29, 2013--Risk & Safety Consultant David Rumsey discusses why you ought to attend the upcoming seminar, OSHA Audits & How to Defend Against Them. Webinar--Emod Calculation ChangesRecorded on September 26, 2012, Duration: 30 minutes
Beginning January 2013, the NCCI will make changes to how an employers’ experience modification factor is calculated, which may influence your insurance rates. Learn how these changes may effCovering Your Bases - Insuring Against DisastersJune 8, 2012--Business owners need to understand how their insurance will respond after a disaster and what their role is. After a disaster, policyholders should be prepared to secure the loss site, notify the insurer, and prepare to rebuild.Disaster Preparedness And Recovery — Useful ResourcesSept. 11, 2012--
Preparing for what to do during and aftera disaster is a key to mitigating the impact on your business. Here's a list of Websites with useful information to help prepare for and recover from disasters and weather-related events.Posting OSHA's Form 300AJan. 20, 2012--Employers required to maintain records of occupational injuries and illnesses are reminded to do the following by February 1 to comply with OSHA's record-keeping requirement:False Claims ActMay 18, 2012--The False Claims Act is intended to discourage people and businesses from defrauding the government. If a false claims is made, individuals and companies may be subject to large penalties.Preventing Harm to your FiduciariesSept. 30, 2011--Any company that sponsors a 401(k) or profit-sharing plan, or welfare plan needs Fiduciary Liability coverage to protect against errors in plan administration and breaches of fiduciary duty under ERISA.Trends in Employment Law Claims — Looking AheadHeather Roiger, MMA HR Consultant, and Dan Hanson, MMA Director of Management Liability, explore what employers can expect in 2013 employment claims and what factors will influence the potential for employment liability issues.NFIP Extended for Five YearsJuly 6, 2012--On Friday, June 29, Congress extended the National Flood Insurance Program (NFIP) until September 31, 2017, and vowed to make it more financially sound.Flood Prep & ResponseJuly 12, 2012--Angela Wheeler, MMA claims consultant and specialist on property damage, provides some recommendations on how to safeguard your company from flood damage and what to do after a flood occurs, as well as some general flood safety tips.What to Expect from Your Carrier Post-DisasterMay 12, 2012--An MMA claims consultant and specialist on property damage explains what businesses can and should expect from their carrier in the event of a weather-related catastrophe.Trends in Employment Law Claims — Looking BackDec. 19, 2012--The increase in both employment law claims and award amounts has generated significant concern among all employers, both large and small. Here we provide a thumbnail analysis of recent years’ employment claims. Life Science OverviewWe think strategically to develop customized insruance and risk prevention solutions designed specifically around the needs of life science organizations, to help you manage risks and propel growth.Construction OverviewNo only do we deliver competitive and quality insurance programs for contractors, we also help develop safety and risk prevention initiatives and programs that take your business culture into account. Manufacturing OverviewWe have manufacturing insurance programs available to cover workers' compensation, fleet/auto insurance, property insurance and more, but our primary concern is to help prevent claims in the first place.Executive Management Liability InsuranceAn executive or management liability insurance program with gaps in it is not worth the paper it’s written on. We can identify your exposures, conclude if they are insurable, and help you determine whether insurance is the best option.Surety BondingMMA has skilled, in-house bond professionals who can save your company time and effort when trying to find the right surety. Our professionals understand the complexities of the bonding marketplace and can find solutions to meet your demanding needs.MN Workers Comp Insurance PayrollNov. 21, 2012--The Minnesota Dept. of Commerce is changing the formula used to calculate workers’ compensation premiums. This change increases the individual weekly remuneration for officers and owners.Disaster-related Information for EmployersThis is an aggregate of multiple resources related to helping employers prepare for and recover from a disaster.Tip Sheet - Documenting Damages & LossesNov. 1, 2012--During the claims process, you will need to provide evidence of the damage and the loss, both in terms of property damage and business interruption. Here's a checklist of the information business owners will need to provide.Post-Disaster - Mitigate The ImpactOct. 31, 2012--Following a disaster event — fire, flood, blizzard or tornado, for example — business owners are faced with a daunting aftermath. The following is an overview how to mitigate damage and increase your chances of reopening yoAre You Emod Savvy?Sept. 26, 2012--First, a short primer. Your workers’ compensation e-mod (aka Experience Modification Rating, EMR or mod) is a multiplier used by your work comp insurance company to help determine the amount of your premium.Facts About Emod ChangesJune 14, 2012--The NCCI and MWCIA are making changes to how experience modifiers (emods) are calculated. Outlined here are some of the basic facts explaining how employers may be affected by this change to workers' compensation insurance premiums.The Changing Commercial Insurance MarketplaceMay 24, 2012--RJF's Laura Moore's piece for Finance and Commerce discusses reasons why the commercial insurance marketplace is changing, ushering in premium increases and less-favorable terms.Healthy Culture Great CompanyWHITE PAPER--Developing a process to change your company culture is not only an effective way to engage your workforce, it is the only way to make lasting changes to overall productivity, employee satisfaction and, consequently, the bottom line.Contract SuretyContractors Need a Consistent Approach From Surety CompaniesWebinar--Learn the Risk Management CenterMMA provides business insurance and corporate risk management solutionsWebinar--Workers' Compensation 101MMA provides business insurance and corporate risk management solutionsWebinar--Prevent Claims Fraud and LitigationMMA provides business insurance and corporate risk management solutionsWebinar--Cyber LiabilityMMA provides business insurance and corporate risk management solutionsWebinar--Understanding Your Surety RelationshipMMA provides business insurance and corporate risk management solutionsCommercial SuretyMMA provides business insurance and corporate risk management solutionsManagement & Executive Liability InsuranceMMA provides business insurance and corporate risk management solutionsManagement & Executive Risk PreventionMMA provides business insurance and corporate risk management solutionsLife Science Risk PreventionMMA provides business insurance and corporate risk management solutionsLife Science InsuranceMMA provides business insurance and corporate risk management solutionsClinical Trials ProtectionMMA provides business insurance and corporate risk management solutionsConstruction InsuranceMMA provides business insurance and corporate risk management solutionsConstruction Risk PreventionMMA provides business insurance and corporate risk management solutionsIndustry & Coverage SpecializationMMA provides business insurance and corporate risk management solutionsBusiness Insurance Services & ProductsMMA provides business insurance and corporate risk management solutionsLocal to Multi-National ProtectionMMA provides business insurance and corporate risk management solutionsWorkshop--Cyber LiabilityTuesday, July 29, 2014, 8-9:30 AM, Brooklyn Park, MN -Data breaches cost employers, on average, nearly $200 per record and are occurring more frequently than ever. Could you organization weather a $10 million dollar breach or employee mistake? Learn how to prevent |
A sample of the insurance programs we offer manufacturers.
Beyond providing insurance, we can help eliminate manufacturing risk.
Beyond providing insurance, we can help eliminate construction and contractor risk.
We can provide access to all types of insurance common for companies in the construction industry.
In partnership with Marsh & McLennan, the premier global provider of advice and solutions in risk, strategy and human capital, we can service any benefit or property/casualty need, nationally or internationally.
MMA is experienced and knowledgeable on cyber liability risk and the insurance products available to protect you in the event of a breach.
We help schools throughout Wisconsin and Minnesota contain and manage insurance premium and risk costs, reduce accidents and keep employees safe and productive.
With access to multiple insurance carriers, we are able to structure a school district insurance program that provides the protection necessary to run a high-functioning organization.
In addition to school insurance, our in-house consultants offer safety consulting; claims management, advocacy and reduction; human resource consulting; health management and wellness consulting; employee benefits; and management liability insurance.
We have manufacturing insurance programs available to cover workers' compensation, fleet/auto insurance, property insurance and more, but our primary concern is to help prevent claims in the first place.
No only do we deliver competitive and quality insurance programs for contractors, we also help develop safety and risk prevention initiatives and programs that take your business culture into account.
We think strategically to develop customized insruance and risk prevention solutions designed specifically around the needs of life science organizations, to help you manage risks and propel growth.
The key to reducing workers’ compensation insurance costs is controlling and reducing your experience modification rating.
The risks facing nursing homes and senior living facilities are different than they were even just a few years ago. Marsh & McLennan Agency is different. We provide risk prevention services that go far beyond great insurance and employee benefits.
A brief overview of the insurance products available to nursing homes, senior living and long-term care facilities.
We strive to help reduce and prevent other risks from causing you to even use your insurance because that’s the best way to drive premium savings as well as enhance productivity, efficiencies and care delivery.
The Duluth Builders Exchange Group Safety Dividend Insurance Program delivers reliable insurance protection with preferred rates and a chance at getting an “insurance refund” through a local agency committed to your industry and our community.