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SELECTIVE FORESEE THE FUTURE WITH.

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Presentation on theme: "SELECTIVE FORESEE THE FUTURE WITH."— Presentation transcript:

1 SELECTIVE FORESEE THE FUTURE WITH

2 PRAESIDIUM

3 PRAESIDIUM PARTNERSHIP
EXPERTS IN ABUSE RISK MANAGEMENT d 25 SELECTIVE.COM/PRAESIDIUM 25+ YEARS EXPERIENCE Our first risk management tool and probably the most important one I will talk about today/ Why Praesidium: Abuse or Molestation, It’s a topic that seems to be in the news on a daily basis. With the various social movements, awareness and influencing on our legislators various states have removed the ceiling of reviver statutes. The statistics and the impact of abuse on victims, organizations and society are staggering, yet many of these incidents may be preventable with the right tools and resources. We have partnered with Praesidium that places focus on value added risk management tools, separate from the insurance transaction with a focused direction towards prevention of abuse or molestation. They come with over 25 years of experience in this field and helps organizations reduce the risk of sexual abuse, loss of reputation, revenue, and false allegations through education and awareness . They serve thousands of clients in the United States and 11 other countries. Their team consists of dedicated researchers, psychologists, attorneys, social workers and human resource professionals. Our main goal is to ensure we provide the necessary tools to help our policyholders and our independent agency risk partners with the education, resources, and contacts to protect the vulnerable populations that they serve. As an industry we have an obligation to help educate and equip our customers with the right tools to help protect the vulnerable populations they serve Lets talk abut the risk management tools and resources we have made available to you and your insureds. RISK MANAGEMENT TOOLS AND RESOURCES PRAESIDIUM PARTNERSHIP

4 PRAESIDIUM PARTNERSHIP
RISK MANAGEMENT TOOLS AND RESOURCES EMPLOYEE/VOLUNTEER SCREENING AND SELECTION TOOLKIT DISCOUNTED BACKGROUND SCREENINGS SAFETY MANAGEMENT TRAINING MODEL POLICIES AND PROCEDURES RECORDED WEBINARS So let’s take a look at some of those Risk Management Tools The Employee/Volunteer Screening and Selection Toolkit in my opinion is an insureds number one resource in selecting the best possible employees and volunteers for their organization. It includes best practices on screening and selection, procedures, template application, procedures for background checks, interview questions, skill assessments, and an interpretative guide for interview responses. This tool is in my opinion one of the strongest counter measures in a prevention strategy. Discounted Background Screenings while an important component of an insureds overall abuse program they are not all the same for each organization. 95% of the time screenings come back clear. Running background screenings is a good practice and should be a component of the overall program but most offenders have not been caught. Best practices are screenings need to be done at hire and then every three years. With Praesidium your insured can call and customize their background screening program to fit their organizations needs. Safety Management Training As I’ve said in the past our SM team is our best competitive advantage when placing your business with Selective. They have a local dedicated staff that has a consultative approach that delivers customized solutions to your insureds needs. Our SM staff has just completed an in person abuse or molestation training with the Praesidium staff and are now better versed to have those important conversations with your insureds to ensure they have the best measures in place to protect their vulnerable. Model Policies and Procedures You and your insureds have access to model abuse policies & procedures through our Praesidium partnership. This tool is also available at no additional cost. The combination of the screening and selection toolkit and model policies are a powerful tool and huge competitive advantage. Even if an insured has adequate controls in place when was the last time they were updated? Almost every insured could benefit from reviewing the documents to see if there are areas for improvement in protecting the vulnerable population they serve. The model policies are extensive and include all components of strong plan. They can be used in whole or in part and are a very resourceful tool. All of these tools and resources are available on the landing page, as well as several recorded webinars all focused on abuse prevention policies & procedures. Employees, agents and insureds have access to all of this information. Remember, always use the landing page to review the model policies & procedures and employee/volunteer screening and selection toolkit and use the link to direct agents and insureds to the site to access the materials. PRAESIDIUM PARTNERSHIP (800)

5 Confidential, unpublished property of Selective Insurance Company of America. Use and distribution limited solely to authorized personnel and appointed agents. Do not duplicate or distribute. ©2019 Selective Insurance Group, Inc., Branchville, NJ (“Selective”). Products provided by Selective’s insurer subsidiaries; insurers and products available vary by jurisdiction. These descriptions are summaries and not offers to sell insurance; the actual policies show complete coverage, exclusions and limitations details. Policy issuance is subject to underwriting approval.

6 SELECTIVE FORESEE THE FUTURE WITH


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