LUMINOS: Driving Loss Control Improvements

Protecting employees, properties, and enterprise brands is essential to reducing claim frequency, severity, and total cost of risk (TCOR). When paired with our superior claims management service, LUMINOS delivers industry-leading RMIS loss control functionality to all partners.

So what are five key ways in which LUMINOS supports you to drive loss control improvements?

1. Efficiently managing all aspects of life safety compliance as governed by the Life Safety Code®, NFPA 101® (National Fire Protection Association), and applicable building codes, ordinances, and regulations, can be tricky, but LUMINOS simplifies the process. The LUMINOS Audit modules and workflows provide the tools necessary to efficiently manage all aspects of your life safety compliance programs, from the documentation of workplace hazards to the tracking of audit findings, collation of regulatory tasks, and collection of life safety data.

2. Although near-miss incidents cause no bodily harm or property damage, they often foreshadow accidents, injuries, and catastrophic losses that can occur in the workplace. It is prudent to take note of these and plan accordingly. Utilizing the LUMINOS First Report of Injury and Incident Management modules does just that. Effortlessly analyze near-miss accident data, employee information, and applicable investigation notes to uncover opportunities for corrective action before accidents occur.

3. Better protect your employees, the public, and the environment from workplace-related hazards by extending the reach of your RMIS product to consider your compliance and performance against relevant Environmental Health and Safety (EH&S) programs. LUMINOS enhances the statistical accuracy of your year-over-year trend analytics in this space and ensures tracking of your hazard safety audit results and training certification compliance among other EH&S measures.

4. OSHA recordable injuries are generally defined as workplace employee accidents that result in loss of consciousness, restricted work activities, or job transfers. LUMINOS simplifies OSHA recordable flag management by integrating applicable claims data that tracks across the spectrum of OSHA and ensures your loss control and risk management teams have access to the information and support they need to manage the entire process.

5. Prevailing risk management requirements demand easy access to all applicable loss control program documentation. This is achieved through LUMINOS’s documentation integration tools that ensure you can easily and securely upload accident investigation photographs and video files for access when needed.

 

Are you ready to harness the power of LUMINOS and drive loss control improvements?

 

Connect with Jennifer Turner, SVP – LUMINOS, today to find out more.

Jennifer Turner

SVP – LUMINOS

More Posts

Media

Navigating post-storm remediation

Gallagher Bassett’s Jason Gudaitis, Chief Operating Officer, speaks to Insurance Business about the escalating claims following Hurricane Helene as well as the importance in offering effective post-storm recovery strategies that help clients navigate complex restoration processes.

Read more
Media

Video: The BI Interview with Mike Hessling of Gallagher Bassett

Business Insurance sat down with Mike Hessling, Gallagher Bassett CEO, North America, to discuss ways in which the insurance sector is adapting to the changing technological environment. In this interview, Mike Hessling explains how the Gallagher Bassett team employs generative AI to deliver superior outcomes by handling claims more efficiently and engaging more empathetically with claimants.

Read more
Media

Student-on-teacher violence insurance claims down 39%

Insurance Business speaks to Gallagher Bassett’s Greg McKenna, national practice leader, about the downward trend in school violence. In the 2023-2024 school year, student-on-teacher violence claims dropped by 39% compared to the previous school year, a figure that McKenna attributes to the renewed emphasis on mental health and student support services following the pandemic.

Read more

Keep your finger on the pulse of the latest industry news and insights.

Sign up to our monthly newsletter today.

Search

Hi there!

Want to drop us a line?  You can get in touch by filling out the form below and we’ll get back to you as soon as possible!