Yaskawa Honored Again with Risk Control AwardNov 06, 2020
Waukegan, IL – Columbus Insurance, Inc., has honored Yaskawa with the Risk Control Award of Excellence in the manufacturing sector. This is the second consecutive year that Yaskawa has received an award as a manufacturer who has implemented risk controls that yield an industry-leading workers compensation claims frequency rate for the past five years. Other metrics used to select the award winner include annual safety audit scores, employee engagement in safety programs, and net risk-sharing with the other group captive members.
An affiliate of Captive Resources, Columbus Insurance Ltd. is a group captive comprised of over 140 diverse companies with outstanding safety records who form together to control their workman compensation insurance costs and develop organizational cultures that exemplify the best safety and loss prevention practices.
“Yaskawa’s efforts in risk control have resulted in superior performance in the Columbus program, as demonstrated by effective safety programs, favorable claims experience, participation in risk control workshops and other loss prevention activities”, stated Steven Daluge, Senior Vice President of Risk Control Services at Captive Resources.
“Companies have to show evidence of excellent safety performance to be invited to join Columbus Insurance,” says Craig Espevik, Yaskawa Vice President of Operations. “To be selected for the award of excellence amongst manufacturers with outstanding safety records is a special honor. It’s recognition of the efforts of each of our associates to identify and control risk to prevent workplace injury.”