MAKING WORKERS’ COMPENSATION WORK FOR YOU...MAKING WORKERS’ COMPENSATION WORK FOR YOU Choosing...
Transcript of MAKING WORKERS’ COMPENSATION WORK FOR YOU...MAKING WORKERS’ COMPENSATION WORK FOR YOU Choosing...
DIVIDENDSWhen you choose TexasMutual and keep yourworkers safe, you can earn dividends to put back toward your bottom line.
$330 millionin dividends paid out to policyholders in 2020
$3.1B paid since 1999
75%of policyholders earndividends each year
FREE SAFETYSERVICES
Get the resources youneed to train yourworkers at no extra cost.Plus utilize our safetyconsultants and experts.
free safety resources,including e-Learning and
monthly webinars
8,100annual safety visits
30 safetyprofessionals
across the state
FRAUD FIGHTINGOur internal fraud department works hard to protect you and your injured workers from those who take advantage of the system. Weinvestigate around 2,000 cases each year.
MEDICAL NETWORK SAVINGSControl your workers’ compensation costs andmake sure your workers get the care they need with our WorkWell, TX health care network.
2020$330 M
$
30
$17.4 million+identif ied in fraud casesin 2018
COMMUNITY GIVINGFrom safety grants for policyholders to ourscholarship program for families ofcatastrophically injured workers, we are committed to improving the safety, wellness and education of all Texans.
network discountlower claim
costs
12%
Policyholders and our communities have access to
college safetyprogram grants
scholarshipprograms
MAKING WORKERS’ COMPENSATION
WORK FOR YOUChoosing Texas Mutual helps you make your business the best i t can be. See how we make workers ’ compensat ion work for you.
Texas Mutua l Insurance Company is the s tate ’s lead ing workers ’ compensat ion prov ider. Seventy thousand bus iness owners re ly on us to meet the needs of the i r 1 .5 mi l l ion Texas workers every day.
safety grants
©2020 Texas MutualInsurance Company
JA-1588-2003
(800) 859-5995texasmutual.com
worksafetexas.com
2,000
quicker return towork on average
75%
9%
FINANCIAL RESULTS
INCOME & EXPENSES
Income & Expenses
Premiums written
Net premiums earned
Underwrit ing losses and expenses
Net underwrit ing gain
Net investment income
Net other income (expense)
Dividends to policyholders
Net income (loss)
Assets, Liabilities & Surplus
Total assets
Total l iabil it ies
Total policyholders’ surplus
Audited for theyears ended December 31,
2016 2017 2018
$1,150.3
1,108.2
894.5
213.7
278.7
(4.9)
302.1
$185.4
$988.4
1,033.8
689.3
344.6
240.7
(1.8)
264.6
$318.8
$1,039.7
1,053.6
786.7
266.9
254.5
(3.2)
286.0
$232.2
Audited for theyears ended December 31,
2016 2017 2018
$7,177.5
3,611.8
$3,565.7
$6,633.8
3,469.4
$3,165.5
$7,061.6
3,528.2
$3,533.4
The data below is presented on a statutory basis (in mil l ions).
AWARDS & RECOGNITION
A.M. Best FinancialStrength Rating of “A”
A.M. Best Financial
©2020 Texas Mutual Insurance Company JA-1588-2003 | (800) 859-5995 | texasmutual.com
TDI High PerformingCarrier
2019 Best Companyto Work for in Texas