OmniSure is honored to have their CEO, Michelle Foster Earle, receive the 2021 Elite Women award by Insurance Business America. Founded in 2000, OmniSure is an independently owned, third-party, risk services partner to some of the most well known insurance companies and insurance program managers in the US and London. In an Insurance Business TV interview, President, CEO, and majority owner Michelle Foster Earle describes how OmniSure relates to the insurance industry.
“We partner with companies to help them really learn the space they’re insuring: whether it’s a particular sector in healthcare, or human services, or any type of profession that we might work with, we bring the expertise in that field…” explains Earle. OmniSure not only provides the expertise in a number of fields, and helps policyholders with recommendations on reducing risks, but they take it a vital step further by offering a risk management helpline for advice-on-demand.
“I would say it’s the high utilization of our 24 hour a day, 7 day a week helpline for policyholders… brokers and underwriters use it too… that makes us the industry leader. That is where we make the most impact in preventing losses, so that our partners’ loss ratios (and probably expense ratios) are so much better.”
Partners of OmniSure see a return of approximately 10 times their investment, just using a super conservative look at savings in claims and losses alone. Add to that the savings that comes from recommendations, training, tools, better selection and retention, and the return is even higher. That’s why OmniSure continues to be a trusted partner and leader in the insurance industry.