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I started Advanced
Insurance Management® back
in 1987, after working for years as an insurance producer and
consultant. More than twenty years later, I'm pleased to
be able to say that I'm busier than ever, helping employers
lower their costs for Workers' Compensation insurance by
checking the technical factors insurance companies use to
compute premiums.
I've worked in the insurance business since 1976. I've worked
for insurance companies, been part of the independent agency
system, and worked for several insurance consulting companies
before starting my own consulting practice. Along the way
I'vewritten two books on
the subject of Workers' Compensation cost and coverage, been
accepted as an expert in
that field by state and federal courts, and
worked with companies both large and small regarding their
Workers' Compensation costs.
I've also earned the professional designations of Chartered
Property Casualty Underwriter, and Associate
in Premium Auditing. I've provided consulting services
to such well-known companies as Caterpillar, Federal
Mogul, The
San Francisco 49ersand Bridgestone/Firestone
Tire, as well as to many smaller companies across the United
States. I even got to consult a little with the National
Institute of Occupational Safety and Health (NIOSH) and with Lloyds
of London (or
at least with Lloyd's American lawyers.) You can take a
look at my full CV online
as well.
I currently serve as a member of the Workers
Compensation Committee of
the Employment Law Council for the Illinois
Chamber of Commerce. I've also served on a
task force organized by the Illinois Department of Insurance to
implement new Workers’ Compensation insurance regulations. I've testified before
the Illinois
legislature on
issues of Workers' Compensation insurance. And I've
presented lectures and seminars before a number of insurance and
business groups, including The Workers Compensation Claims
Association, The Greater Peoria Contractors & Suppliers
Association, The Central Illinois Employers Association, The
Illinois Manufacturers Association, The Missouri Contractors
Association, The Midwest Society of Professional Consultants,
The Illinois 1752 Club (an organization of insurance marketing
professionals), The Chicago Roofing Contractors Association, the
International Recreational Water Professionals, Caterpillar, and
at the Construction Risk Conference sponsored by the
International Risk Management Institute.
I've also developed seminars and educational materials approved
for Continuing Education credit for insurance producers by the
Illinois Department of Insurance and other state insurance
regulators. And I've assisted clients in successful
appeals of NCCI decisions before various Workers’ Compensation
Appeals Boards and in legal hearings before the Illinois
Department of Insurance and the Nebraska Department of
Insurance.
I'm currently a member of the Society
of Chartered Property Casualty Underwriters, and a member of
the National
Society of Insurance Premium Auditors, as
well as being a member of the National
Association for Business Economics.
My
latest book is The
Ultimate Guide to Workers' Compensation Insurance, and
I'm also the author of the 1995 bookCompControl, The Secrets
of Reducing Workers' Compensation Costs, although that book
is a bit hard to find nowadays.
In
the course of my consulting work I estimate I've saved clients
over $15,000,000 in Workers' Compensation insurance charges.
The Advanced
Insurance Management® service
is more than just me nowadays, but I'm still personally involved
in one way or another with every case we handle. And I've
personally trained our other consultants and supervise their
work.
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Edward
J. Priz, CPCU, APA
President and Principal Consultant, Advanced Insurance
Management LLC
member
National Society of Chartered Property
Casualty Underwriters
and
National Society of Insurance Premium Auditors
photo by Eileen Mignoni
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