Loss Analysis Fundamentals for the Public Sector

1/1/70 at 12:00 AM to 1/1/70 at 12:00 AM

Class Description:

Loss analysis is the practice of examining data about adverse incidents such as tort claims and workers’ compensation claims, with the goal of understanding an organization’s history and where it may find opportunities to adjust its operations, prevent injuries and damage, and improve performance and financial stewardship. In public service, this work can have special qualities and nuances that deserve examination. In this discussion, we will dive into the practice of loss analysis for public sector organizations and highlight some of the specific considerations a risk manager or analyst in public service should keep in mind as they approach this important body of work.  Link to on-demand video.

Learning Objectives:

  1. Understand the essential steps to analyzing data specific to tort claims and workers’ compensation claims involving a public sector organization
  2. Understand the ways a loss analysis can be used to improve safe operations for a public sector organization
  3. Understand the best communication practices for sharing findings of a loss analysis for a public sector organization

Speaker: Sean Cantanese, ERM Program Manager, King County, WA

Sean has been the ERM manager for King County, Washington since 2014. He has developed King County’s ERM program from a nascent concept into a highly-sought resource in the toolbox of decision makers across the county’s diverse agencies and well beyond. Sean has led projects to modernize the county’s risk management information system and claims intake process. He has also led the development of customer service policies to ensure transgender, non-binary and gender-diverse claimants are served with respect while ensuring their safety and privacy. Sean was recognized as PRIMA’s 2023 Public Risk Manager of the Year and is very involved in PRIMA.