Insurance isn’t fun. It’s one of business’s necessary evils you hope you never need to use. That’s why most CEOs and CFOs tend to avoid thinking about it. After setting up a plan, they’re locked in and lull themselves into comfortable contentment. They tolerate an annual review, listen to...Read more
PBI offers businesses many advantages. One of the most important is that businesses can control the premium they pay. They no longer face unpredictable premium swings, they don’t need to subsidize the losses of unsafe companies and they no longer have the hassle of going out to bid. Companies...Read more
In the past, we’ve discussed some of the major problems caused with Subsidy Based Insurance (traditional insurance). Here is a list of some of the major advantages of Performance Based Insurance: Little or no subsidy to others Control your insurance destiny Eliminate unpredictable premium swings You earn the financial...Read more
Long known for innovation, TriPoint has been at the forefront introducing safety, HR consulting and Injury Management services to the CT marketplace. TriPoint introduced the concept of Performance Based Insurance, which pays dividends to companies who have strong safety cultures and control their losses.