MONROE ROADWAYS SHOWS DEDICATION TO SAFETY WITH EXCEPTIONALLY LOW EXPERIENCE MODIFICATION RATE
Safety-Conscious Company Achieves .81 Experience Modification Rate
Monroe Roadways, Rochester’s leading site construction expert, proudly received its most recent Experience Modification Rate (EMR) from local insurance agent, Rose & Kiernan, Incorporated. With an EMR of only .81, and the average being 1.00, Monroe Roadways ranks among some of the best in the industry. Used as an indicator of a company’s commitment to safety and overall management competence, this low EMR shows that safety is not only a commitment, but rather a core value of Monroe Roadways.
“It is very evident that Monroe Roadway’s pledge to safety starts with its employees. This, as you know, is critical to the success of any safety program. Employee actions and focus on safety, shows our company’s overall commitment,” said Monroe Roadways President, Jeff Taylor. “Our exceptionally low EMR translates to savings for our customers.”
To judge a company’s commitment to safety and its overall management expertise, an indicator originally developed in the insurance industry to calculate policy premiums is used. Insurance companies refer to this competence indicator as the experience modification rate (EMR). The EMR is a relatively straightforward computation that compares a company’s annual losses in insurance claims against its policy premiums over a three-year period, excluding the most current year. Experience Modification Rate (EMR) has strong impact upon a business. It is a number used by insurance companies to gauge both past cost of injuries and future chances of risk. The lower the EMR of your business, the lower your worker compensation insurance premiums will be. An EMR of 1.0 is considered the industry average.
Headquartered in Fairport, New York, Monroe Roadways has been performing site construction services for clients across Monroe County and Western New York for almost fifty years. Thousands of successfully completed projects are a direct result of full commitment to their work. With Monroe Roadways, rest assured that your job will be done right and built to last. For more information, and a chance to address your next site development construction needs, please visit their newly designed website at www.MonroeRoadways.com or call 585-223-2660.