Digging Deeper Pays Off

Forty percent of all workers’ compensation and general liability premiums contain errors, often in favor of the insurance carrier. These errors occur because your premiums are calculated according to complex rules which are beyond the expertise of most insurance company and agency personnel. The good news is that you DO NOT have to accept these errors!

You and your organization may realize immediate and long-term financial benefits by allowing our experienced AuditRate experts to ‎analyze how much your paid in premiums over the years. Our expertise will not only identify any premium overcharges, but more importantly secure a refund for you and typically stop the perpetuation of the future errors, saving you even more money.

Simply stated, if we secure no recovery for you, we charge nothing. We are paid a percentage of your recoveries only if and when you receive the overpayments back from the insurance carrier. The following is an example from the past 12 months.


An international designer and installer of logistics and distribution systems has a significant U.S. presence in several states. As the client of various insurance brokers, their insurers had misclassified their employees’ work and their overall operations. Over-estimating their hazards resulted in years of‎ premium overcharges. AuditRate’s experts quickly identified the errors, affirmed the findings with each respective‎ state’s Insurance Rating Bureau, and then worked with the A+ rated insurer on correcting the mistakes from the past, as well as fixing the Client’s current (and future) policies. The result?
The Client:

  • Received over $1,400,000 in overcharge refunds;
  • Remains protected by the same A+ rated insurer; and,
  • Will receive the cost-saving benefit of the corrections for years to come!

‎How does AuditRate succeed for our Clients? AuditRate has recovered tens of millions for our Clients over the past 35 years. Let us conduct a no-risk AuditRate assessment to demonstrate how our unique capabilities will directly benefit you. Contact your Alper Account Executive or John Przybylski at JPrzybylski@AlperServices.com to start the process.

The Dangers Of The BIPA Rollercoaster

Why are the fingerprints of a 14-year old boy taken at Six Flags Great America causing Illinois employers to immediately review their privacy policies or risk facing civil lawsuits?

In January, the Illinois Supreme Court ruled that the amusement park violated the state’s Biometric Information Privacy Act (BIPA) when it failed to obtain a written release from the boy or his parents, and did not inform them about the purpose and length of retention of the fingerprint data. Rosenbach v. Six Flags Entertainment Corporation et.al., 2019 IL 123186 (Ill. Jan. 25, 2019) Notably, the boy had not suffered any actual monetary damages.

Biometric technology is gaining popularity as a way to verify employee identity, whether for timekeeping, building access, etc. However, with the heightened convenience to the employer comes an increased concern by employees about violations of their privacy rights. A violation under BIPA entitles a plaintiff to at least $1000 in damages each time biometric data is collected or stored without notice and consent. Continue reading

Just In: The Alper Advisor – Second Quarter

The second quarter edition of The Alper Advisor is live with a cover story on the benefits of captive insurance programs, our latest Client Spotlight, how to prep for an active shooter scenario and how to comply with the Biometric Information Privacy Act at your company. Click on the Advisor to read more.

Alper Seminar: Workplace Violence

OSHA’s research shows that nearly 2 million American workers report having been victims of workplace violence each year.

Alper invites you to a seminar featuring experts who will discuss how to manage workplace violence including active shooters. Join us  Tuesday, April 30th from 9:00am to 11:30am.
Topics cover:

– Employers’ obligations under OSHA;
– Negligent hire/retention claims;
– Public relations concerns;
– Prevention methods including Employee Assistance Programs;
– Corporate Insurance coverage

Our expert speakers include:

– Kyle Cochran from safety and loss consultants Vista Safety Consulting
– Dan Skoczylas from commercial security and tech company Hawkeye Security
– Amber Cox from employment law firm Laner Muchin
– Bernie Dyme from HR Consulting firm Perspectives
– Chris Breck from Alper Services

Please RSVP to Beth Rooke at BRooke@AlperServices.com or call 312-867-7307.

Alper Seminar: Is A Captive Insurance Program Right For You?

The Alper Captive Insurance Seminar has been postponed for a later date. However, you can read our latest Market Blueprint on Captives here.


Transform your low claims history into increased profits. If your annual premiums are greater than your claims, a captive insurance program might be the ideal choice for your business.

Learn about the advantages of a captive insurance program at our complimentary seminar on THURSDAY, APRIL 11th. We will review the benefits of captive programs both in their significant cost savings (up to 60% return of premiums + interest) and the control they provide you over general liability, auto and workers’ compensation coverages.

Leading the discussion is Senior Vice President of Captive Resources, Mike McManus, who has worked closely with Alper Services to provide every advantage a captive insurance program can offer to our Clients.

How To Turn Low Claims History Into Increased Profits For Your Business

To download a copy of the latest Market Blueprint on Captive Insurance Programs, click here.

From Expense To Investment

While the word “captive” may carry a negative connotation, in the context of insurance, it can mean exactly the opposite. For organizations that chose to insure their risks through a “Captive” insurance company, the word represents freedom from the confines of traditional insurance rate structures, and a shift from insurance as an expense to an investment.

A captive insurance company is an insurance program owned by a group of businesses for the purpose of gaining the benefits of controlling their insurance costs. Captive participants’ premium dollars go toward funding their own claims, or are returned in the form of annual dividends. They range in size, and type of member companies.

Practically every risk underwritten by a commercial insurer can be provided by a captive. Once established, captives operate like any commercial insurance company and are subject to state regulatory requirements including reporting, capital and reserve requirements. Premiums paid into captives also typically enjoy the same tax benefits afforded traditional insurance premiums.

Broader Application

Originally largely a Fortune 500 practice, middle-market businesses are utilizing captives with as low as $100,000 in general liability, auto and workers’ compensation coverages depending on the type of business. There were more than 7,000 captives globally in 2016 compared to roughly 1,000 in 1980 according to AM Best Captive Center. They are typically managed by a professional captive management company that ensures compliance with rules, manages claims and provides financial management and reporting.

Captives can write coverage for more predictable risks as well as high severity, infrequent risks like natural disasters. This is because they are able to access reinsurance markets to cover less predictable risks like extreme environmental events that are uninsurable or difficult to insure on the commercial market.

Captive members may choose to allocate capital as risk financing vehicles to pay for more catastrophic, hard-to-insure risks such as hurricanes and earthquakes.

Furthermore, captive members may choose to allocate capital as risk financing vehicles to pay for more catastrophic, hard-to-insure risks such as hurricanes and earthquakes.

A Difference In Mindset

Perhaps what makes captives most different is the psychology and culture of sharing amongst member companies. Since captive rates are set by the claims history of the members, the mindset of captive members is much different than typical businesses with no mutual benefit in claims reduction. As all members share in the profits of the captive they share a vested interest in
1. reducing risk and
2. reducing claims.
And since companies attracted to captives typically are those who are weary of paying out far more dollars in premiums than they see in claims, they tend to have lower-than-average claims history to begin with.

Experts In Captive Alignment

Always on the cutting edge of cost reduction solutions, Alper Services has 30+ years’ experience helping Clients find the right captive for their needs, and all are placed with A-rated insurance companies by AM Best Rating Services, the industry quality rating service.

We created a successful captive in 1994, which dramatically reduces the cost of insurance for more than 190 best-in-class businesses today.

Additionally, we have placed Clients in the manufacturing, energy, transportation and health care sectors into a wide range of existing captives with great benefit. Above all, we provide the knowledge and expertise to help your business form, or join, the RIGHT captive structure, so you can enhance your coverage and transform a traditional expense into a valuable investment.

To discuss the option of a captive program for your business, please contact your Alper Account Executive or email Chris Breck at CBreck@AlperServices.com.