Demand For More Timely Workers' Compensation Information Soars

Demand For More Timely Workers' Compensation Information Soars

More workers’ compensation professionals are turning to social media to stay abreast of the constantly changing and increasingly complex workers’ compensation market. In less than five years, the Work Comp Analysis Group (WCAG) on LinkedIn, founded and managed by Mark Walls, Marsh’s Workers’ Compensation Market Research Leader, has reached the milestone of 20,000 members, Marsh announced today.

Launched in late 2008, the WCAG is the largest online discussion group dedicated exclusively to workers’ compensation issues and is viewed as a leading industry networking and informational resource where members discuss emerging workers’ compensation trends, issues, and regulatory and legal developments. In addition to online discussions, the WCAG has an industry jobs board, a Twitter feed, and a resource center that features more than 40 industry blog feeds and links to the rules and statues for all 50 states.

“My goal when starting the WCAG was to create an online discussion group where risk managers, adjusters, attorneys, regulators and other workers’ compensation professionals could network and share information,” Mr. Walls said. “It grew to just over 2,000 members in the first year, which greatly exceeded my expectations. The fact that we now have 20,000 members is testament to just how complex and ever-changing the workers’ compensation market is and the willingness of members to share their experiences and knowledge with others in the industry.”

Christopher Flatt, Marsh’s Workers’ Compensation Center of Excellence Leader, added: “Marsh’s Workers’ Compensation Center of Excellence is committed to educating clients about relevant workers’ compensation issues so that they can stay ahead of and identify challenges before they become problematic. Social media sites, like Mark’s Work Comp Analysis Group, are just one of the platforms we use to do this. We congratulate Mark and the WCAG on this impressive milestone.”

About Marsh
Marsh, a global leader in insurance broking and risk management, teams with its clients to define, design, and deliver innovative industry-specific solutions that help them protect their future and thrive. It has approximately 26,000 colleagues who collaborate to provide advice and transactional capabilities to clients in over 100 countries. Marsh is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global team of professional services companies offering clients advice and solutions in the areas of risk, strategy and human capital. With over 53,000 employees worldwide and annual revenue exceeding $11 billion, Marsh & McLennan Companies is also the parent company of Guy Carpenter, a global leader in providing risk and reinsurance intermediary services; Mercer, a global leader in talent, health, retirement, and investment consulting; and Oliver Wyman, a global leader in management consulting. Follow Marsh on Twitter @Marsh_Inc.

New York, July 08, 2013