Benefit packages, insurance trends what’s on the minds of those in the know

By Andrew Weeks

As winter deepens in the region, people’s thoughts often turn to warmer climes. But for those in business, wintertime prompts another topic of thought: insurance.

Prairie Business spoke with an insurance specialist to see what’s on top of mind currently in the industry, as well as a few individuals at companies who shared some new things their businesses are doing with regard to employee benefits.

“A lot of times insurance is just a component of daily activity for a business,” said Casey Holland, senior insurance and risk advisor with Vaaler Insurance. It is a critical component to one’s peace of mind, especially during a catastrophic loss “or even a simple loss,” he said.

Wintertime (and springtime) woes

As trends evolve, some things remain the same.

“One of the key factors for businesses is workers compensation insurance,” Holland said. “Where we live, the slip and falls are big issues that take place for employers; wet floors, the icy conditions. For those driving in vehicles, that’s a concern too. It is one of those areas where you just have to be cognizant of talking to your maintenance staff and ensuring that the proper de-icer, salt or gravel is put in the proper places to prevent injuries to these very important employees.”

In short, make sure insurance covers mishaps – and Mother Nature’s other onslaughts. Even before the snow melts, there’s another item to consider.