Schaumburg, Ill. (November 26, 2019) – Assurance, the 35th largest insurance brokerage in the U.S., recognized ATMI Precast, one of the leading independent precast concrete manufacturers in the Midwest, as a 2019 Minimizing Risk, Maximizing Health (MRMH) Award recipient. ATMI Precast received their MRMH Award at a presentation ceremony held on Wednesday, November 6 at their headquarters in Aurora, Ill.
The MRMH Award rewards businesses who have achieved quantifiable results in minimizing workplace risk and maximizing the health and safety of employees. Companies must meet certain criteria to qualify, including strong measurable reductions or improvements in a variety of fundamental areas. There have been less than 25 recipients of this recognition since its inception in 2015.
ATMI Precast proved that strengthening their safety, claims and risk management programs can lead to minimizing risk in the workplace for years to come. Since 2013, ATMI Precast exceeded industry standards by improving its Workers’ Compensation loss ratio by 93%. In 2018, they decreased average claim costs by 79% and saved $300,000 in premium reductions. From 2017-2018, ATMI improved its Experience Modification Rating by 37 points (the rating influences a company’s workers’ compensation costs). Read the full ATMI Precast story here.
“We recognized we needed to implement new protocols and initiatives in order to manage our rising workers’ compensation challenges. This award represents our dedicated efforts to our employee’s safety, as well as accomplishing lower claims costs, premiums and loss ratio’s. That’s an unexplainable feeling,” commented Mike Pelz Vice President of Operations.
Assurance Principal, Doug Nelson, and Account Executive, Erika Rico, oversee the ATMI Precast relationship and were the primary presenters of the award. Other key executive members, risk management and account managers were present from Assurance. In attendance from ATMI Precast were Jim Armbruster, Owner, Mike Pelz, VP of Operations, Joe Rossi, McCullough Rossi & Company Consultant, Mike Walsh, VP of Business Development, Joe Pozzi, Director of Project Management, AL Baysek, VP of Engineering, Sudhir Singamsethi, VP of Engineering, Jake Armbruster, Operations Manager for Waubonsee Development, David Manny, Plant Manager, Rhonda McCormick, Vice President of Administration and John Szostak, Safety Manager.
“We’re very pleased and proud to award ATMI Precast as an MRMH Award recipient. Over the past 6 years, they’ve transformed their safety and workers’ compensation programs and brought their initiatives to new heights. The future is exciting and bright for ATMI. We’re honored to be a part of it,” said Doug Nelson, Principal at Assurance.
About ATMI Precast
ATMI Precast provides a load-bearing insulated precast concrete wall panel that’s more durable, quicker to erect, provides insulation and eliminates perimeter steel structures. Since the 1990’s ATMI Precast has transformed and grown into a full-service precaster and provides a complete range of structural and architectural panels. ATMI has long been recognized as a leader in their field, earned numerous customer recognitions for their reliability, quality, and service throughout the construction process. Visit ATMI Precast at atmiprecast.com.
Assurance is the premier, national insurance brokerage for clients and industry professionals. In stark contrast to its peers, privately-owned Assurance takes an alternative approach to growth by investing an industry-leading percentage of its revenues back into the services clients need to improve their business. Assurance attracts and retains great insurance talent by rewarding expertise, investing in career development, and recognizing contributions. Its employees enjoy an award-winning culture that fosters a highly productive working environment where top professionals deliver outstanding client results. Assurance is now the 35th largest insurance broker of U.S. business. Visit Assurance at assuranceagency.com.