New Reward Programs & Quarterly Recognition
AlaCOMP-OSAA will be implementing NEW Rewards and Recognition Programs for its members this year.
LOSS RATIO RECOGNITION PROGRAM: Each quarter we will sort members by loss ratio into four categories – excellent, good, satisfactory, and critical. We will notify each member regarding the category they fall into and offer suggestions for improvement, if necessary.
LOSS RATIO DRAWING: We will review all members' loss ratio on Sept. 30, 2019. Each member in the top 3 categories (excellent, good and satisfactory) will be entered for a drawing to win a specified amount off their 2020 renewal premium. The drawing will be held Oct. 5, 2019 with a total of 6 winners. **This is a use it or lose it program. To receive the credit the member must renew with AlaCOMP in 2020.
LOSS CONTROL REWARDS PROGRAM: There are two different rewards programs offered that all members can participate in for a chance to win a specified amount off their 2020 renewal premium. Details regarding each rewards program are below:
Safety Library Rewards Program: If a member logs into the safety library and downloads material between Jan. 1 – Sept. 30, the member's name will be entered into the drawing. 1 entry per day.
Loss Control Consultation Rewards Program: If a member has requested a loss control consultation from AlaCOMP from Jan. 1 – Sept. 30 the member's name will be entered into the drawing. A consultation can consist of a visit, safety library training, phone call, etc. All drawings will be held on Oct. 5, 2019. There will be 1 winner per category. **This is a use it or lose it program. To receive the credit the member must renew with AlaCOMP in 2020.