More specialized practice groups will be launched throughout the year

workers comp
by Ryan Smith
Liberty Company Insurance Brokers, one of the fastest growing private brokerage firms in the US, announced the launch of its National Complex Workers’ Compensation Practice Group.
Liberty said the workers’ compensation group is the first in a series of special practice groups that will be launched throughout the year.
The group will be led by Kirk Aguilera, managing partner at Liberty. Liberty said Aguilera has 30 years of industry experience and expertise in every aspect of workers’ compensation.
“With a keen focus on the importance of cost control in allocating expenses, payment processes, and driving profits, I am excited to leverage my skill set and learnings to help clients manage their workers’ compensation programs more effectively and with results, ultimately driving better business results,” Aguilera said.
Aguilera and his team have developed a customized implementation work product that fits each client’s unique needs, Liberty said. For example, their process resulted in a 785 claim closing rate in the year conducted. The product has reduced customers’ net loss rate by 35% in the first year, and the severity rate has been reduced to half the cost of previous years, despite an increase in claim frequency.
The workers’ compensation team also has deep experience serving middle-market clients across a range of industries including manufacturing, wholesale and distribution, security, healthcare, and restaurant and hospitality.
“As a company, Liberty is committed to innovation and providing the highest levels of value to our customers,” said Bill Johnson, Liberty’s founder, chairman and CEO. “With our wide range of specialized services, we are well equipped to meet the ever-evolving needs of our customers, setting us up for continued growth and success. We are thrilled to continue providing cutting-edge solutions that exceed our customers’ expectations and drive optimal results for their organizations.
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