• Due Diligence for Mergers & Acquisitions

• Worker’s Compensation premium audit review

• Risk Analysis and Evaluation

• Claims Management

• Budgeting

      Safety:

• OSHA Compliance (Written & Training)

• Safety Inspections / Audit Review

• Safety Committee Management

• Accident Investigation

• Safety Manual

• Employee Enrollment

• Employer / Employee Plan Administration

• COBRA Administration

• Employee Claims Assistance Program (Changes, ID Cards, Etc.)

• Compliance (ACA, 1095c, Annual Notices)

• Retirement Plan Administration (Plan Testing, Annual Meetings, Etc.)

• Annual Cost and Benefits Analysis

• Budgeting

   

• On / Off Boarding

• Job Descriptions

• Performance Evaluations & Performance Improvement Plans

• New Employee Orientation

• Employee Handbook (Polices & Procedures)

• Compensation Analysis

• Federal & State Compliance / Postings (DOL, DOJ, EEOC, Etc.)

• Employee Records Management (I-9, Application, Various Forms, Etc.)

• Administration (ADA, FMLA, STD, LTD, Etc.)

• Qualified Plan Analysis

• Annual Compliance Testing

• Annual Fund Review

• Fiduciary Protection

• Employee Education

WhiteCoat Risk Management provides comprehensive risk mitigation and loss prevention strategies.  We help protect what you have created.
GROWTH  of your savings through innovative investments helps you increase your net worth. We like to think of it as risk management for finances.    Our strategic affiliation with Schmidt Financial Group provides our clients an extraordinary resource for growth and protection of your assets, your net worth.  Working together, WCRM and SFG can help you create a seamless program of risk protection and financial growth.  

Note:  WCRM and SFG are independent services providers, each providing their respective services.  Working together on your behalf, we each work for you, ensuring all recommendations are in your best interest. 

This coverage insures your business against lawsuits due to bodily injury, personal injury, property loss or advertising injury. General liability insurance secures your business financial assets when you are involved in litigation due to an accident or mishap.There are also a variety of supplemental options that can help a variety of common, yet often overlooked, business risks, including employee related and cyber risks.

This form of insurance provides wage replacement and medical benefits to the employees whom have had an accidental personal injury or suffers an occupational disease in the course of employment. It's a legally required element for most business entities.  

This policy covers bodily injury and property damage caused by a vehicle you hire (including rental vehicles) or caused by non-owned vehicles (vehicles owned by others, including vehicles owned by your employees). This is an often overlooked, but significant area of risk.  

Commercial Auto Insurance helps your business cover the financial costs resulting from an auto accident if you or an employee is found at fault. Commercial auto insurance helps pay for damaged property and medical expenses.

Commercial auto insurance will help protect you, for example, if:

An employee hits a pedestrian while driving a company truck and the pedestrian requires medical treatment that results in substantial bills.  This is an area which often can "fall through the cracks" when multiple agents are providing different areas of coverage for your business. 

Commonly known as Errors & Omissions, a form of liability insurance, that protects professional advice and service providing individuals and companies from bearing the full cost of defending against a negligence claim made by a client and damages awarded in such a lawsuit.  This is also known as "malpractice" insurance when applied to certain professions, such as physicians.

Protection of your businesses from financial consequences associated with a variety of employment related claims, including allegations of wrongful termination, discrimination, workplace harassment and retaliation deriving from the employer-employee relationship is the job of this type of policy.  In this age of increased sensitivity to words and actions, investment in this type of protection can be of significant value. 

Necessary for small and mid-sized businesses, generally comes in packages that contain five or six fundamental coverages. Customized solutions and coverage amounts ideal for specific businesses are provided.  It's important to meet with a knowledgeable representative to ensure good coverage at an affordable price. 

This coverage is for businesses with contract workers. Coverage will protect you from liability related to on-site or on-job accidents, products sold by the contractors, and other forms of liability, including contractual liability. 

Commercial property insurance covers your buildings and the contents of those buildings - including inventory, equipment and other assets - in the event of a loss. This coverage is important for businesses because it provides protection against losses from theft, accidents and other causes. Think of the cost of replacing all of the elements of you business, should a significant loss occur.

There are multiple levels of homeowners insurance, from basic, to comprehensive; renters; condos and others.  Homeowners policies also provide liability and other forms of protection for you...and your home.  

Automobile coverage provides you with a spectrum of protection, depending on your specific needs.  This includes various property and vehicular damage; bodily injury and coverage for un-insured or under-insured individuals.

Like auto and home insurance, this insurance provides coverage for various recreational vehicles which may not be covered under your standard policies.  

Ensuring compliance with legally required HR services is yet another benefit you may receive from your association with WCRM.

ERISA is a federal law that sets minimum standards for retirement and health benefit plans operating in the private sector. Rules require employers who offer benefits to meet certain minimum requirements, and covers defined retirement plans (small business retirement plans), group health insurance and other welfare benefit plans including life and disability plans.

The Department of Labor (DOL) administers and enforces more than 180 federal laws. The laws include regulations for Wages & Hours, Workplace Safety & Health, Workers' Compensation, Employee Benefits, Unions & their members, Employee Protection and other regulations.

The Affordable Care Act put in place comprehensive health insurance reforms that have improved access, affordability, and quality of health care for Americans. As for example, if your business has 50 or more fulltime employees, then you are required to offer health care coverage to employees who work an average of 30 or more hours per week. If your business has less then 50 employees, you can purchase affordable insurance through the Small Business Health Options Program using private insurance companies.

Finding, interviewing, and selecting the right employees is critical. Our hiring support keeps you on track. We also provide background screening and onboarding tools, help you manage new hire paperwork, and offer tools for conducting and storing performance reviews.

Complimentary confidential service line dedicated to employee well-being. From emotional counseling to financial matters, relationship challenges, personal and family problems, we make life just a little more manageable for your employees and their families. 

One of the most important things that a human resource department should do is to be available to help at all times. Problems can show up suddenly at any time. 

With our services, you get a dependable human resource department with a support team always ready to assist you.

Employers are legally required to carry workers' compensation insurance, so it's important to work with an agency with a deep understanding of the issues and regulations involved.

Reduce your workers' compensation costs and get a designated specialist who will monitor the administration and coordination of your claims.

Unemployment administration can become cumbersome and costly for business owners, who must maintain current paperwork and respond to claims in a timely manner, or else face costly penalties.

We will help your business save time, administrative hassles, and costs commonly associated with unemployment administration.

We will help you craft a custom handbook for your organization. Employee manuals both protect business from litigation and put staff members at ease by spelling out in positive terms the company's policies.

COBRA gives employees and their qualified beneficiaries the opportunity to continue benefit coverage under the employer’s medical plans, dental plans, vision plan, and flexible spending accounts when a “qualifying event” would normally result in the loss of eligibility.

Common examples of qualifying events:

• Termination of employment

• Death of the employee

• Reduction in work hours

• Divorce

• Retirement (if not eligible for retiree medical insurance)

• Loss of eligibility by a dependent child.

Coverage may continue for differing lengths of time depending upon the reason for eligibility.

Under extended coverage, the eligible individual pays full cost of coverage at the employer’s group rate plus an administrative fee.

Upon initial enrollment in the plan, the employee receives the “Initial Notification of COBRA Rights” so that they and their dependent(s) are aware of their continuation rights.

Upon notification of a qualifying event by the employer, we are mailing the qualified beneficiary the following:

• Introductory letter that defines their qualifying event and election time period

• Continuation plan election form

• Separate family enrollment form

• Payment instruction

COBRA administrative services include:

• Assured compliance, even when regulations change

• Online service and reports

• Premium collection services

• Timely mailing of notices

• Timely communication of eligibility data to carriers

• Quality audit processing enrollment forms

• Customized support for unique COBRA administrative requirements in regard to severance, leave of absence, and eligibility reporting