11/7/24
Topic: Avoiding a 'Nuclear Verdict'
Guests: Todd Burke, COO, PestSure & Mike Rottler, PestSure Board Chairman & President/CEO
In this episode we discuss:
Our sponsors Coalmarch by Workwave and PestSure
PMP Industry Insiders Peer Groups
How Mike got involved with PestSure and eventually became board chairman
Some background about how PestSure got started and what makes a captive different
How there is a big concern now about auto insurance among PCOs
What mindset PMPs should have about purchasing insurance
Why fender-bender accidents are turning into huge settlements or lawsuits
The role of open claims and claim development today
Ways to prevent and reduce claims
The No. 1 way to reduce distracted driving
How inexperienced drivers are adding to risk
The effect of a well-managed telematics program
Programs PestSure offers to assist with loss prevention
Why Mike thinks of PestSure as an industry peer group
Why Triangle chooses to work with PestSure, according to Donnie
The requirements for joining PestSure ($2 million in revenue)
Resources mentioned:
PMP Industry Insiders Podcast Episode 86: How Captive Insurance Works
PMP Industry Insiders Podcast Episode 138: How to Upgrade Your Safety Protocols
PMP Industry Insiders Podcast Episode 158: Pest Control Insurance Market Update
PMP Industry Insiders Podcast Episode 177: What To Do About Distracted Driving
PMP Industry Insiders Podcast Episode 18 with Mike Rottler: Transitioning Your Business From Good to Great
PestSure Safety & Loss Prevention Conference - covers nuclear verdicts
PestSure Video/Interview: Why Evidence Matters in a Vehicle Accident
Todd Burke's contact information: Todd.Burke@Alliant.com; 214-794-1635
Notable: "An old open claim is going to have a terrible outcome most of the time." —Todd Burke, PestSure
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