Friedlander Group Announces 50% Dividend for Financial Services Safety Group Members
- 50% Dividend Paid to Financial Services Group of New York Workers’ Compensation Group #558
- $740 Million in Total Workers’ Compensation Savings Since 1992
- $414 Million in Dividends Paid to Friedlander Group Clients
Purchase, NY – Friedlander Group, Inc., manager of the Financial Services Group Workers’ Compensation Safety Group #558, has announced a 50% dividend for members with policies effective Feb. 1, 2023 to Feb. 1, 2024. Of this 50%, 37.5% will be paid directly to members, and an additional 12.5% will enhance the base group renewal discount, raising it to 32.5% for eligible members starting Feb. 1, 2025.
David Friedlander, Vice President, (davidf@friedlandergroup.com) said,
“Thanks to the dedication of our Safety Group members to workplace safety, we are proud to announce another 50% dividend. This dividend reflects the commitment of financial services organizations to safeguarding their employees—a strategy that boosts productivity, enhances profitability, and reduces workers’ compensation insurance costs.”
Safety and Workers’ Compensation Strategies to Unleash Productivity and Profits, authored by Adam Friedlander, President and Group Manager, outlines proven strategies from industry leaders to help businesses optimize performance.
Since 1992, Friedlander Group has formed ten workers’ compensation safety groups across various industries, including retail, restaurants, wholesalers, hotels, oil and gas dealers, home healthcare agencies, residential care facilities, financial services, building material dealers, and the transportation industry. To date, $414 million in dividends have been paid to members, in addition to advance discounts. Friedlander Group’s industry-leading services include Claims Solutions™, Fraud Solutions/SWAT Team, Audit Solutions, quarterly Executive Action Reports™, and Safety Solutions—which help further reduce premiums.