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Flextronics Finds Accountability Pays As Allocation Raises Loss Awareness

How can a company maintain a successful workers' comp risk management program in a competitive environment when battling an economic downturn and while digesting an acquisition of a firm larger than the corporate parent?

By Mark E. Ruquet | Updated on August 15, 2010

How can a company maintain a successful workers’ compensation risk management program in a competitive environment when battling an economic downturn and while digesting an acquisition of a firm larger than the corporate parent?

A big part of the equation for success is making sure that local site managers feel the impact of comp claims on their own bottom lines, says the risk manager of Flextronics.

But establishing accountability at the point of loss was just one of the challenges overcome by Flextronics–which helped earn the organization an Honorable Mention as one of three winners in the fourth annual National Underwriter Award for Excellence in Workers’ Compensation Risk Management program, sponsored by NCCI.

Flextronics is a global electronics manufacturing company, whose products range from automotive, lighting and interior, power controls, computing, industrial, aerospace and defense, self-service solutions, solar, medical equipment and many others industries.

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