In June 2003, Project Lifesaver (PLS) began as a loss reduction initiative for ACIG to assist our members in focusing their attention on strategic, well-defined initiatives to reduce the severity and frequency of their losses. To date, we have reduced our expected losses in excess of $45 million for all lines of business from our benchmark year. In addition, the following rate reductions exhibit the effectiveness of this initiative due to the teamwork between our ACIG contractors and the ACIG service teams, as well as the support displayed by our members’ executive leadership.
- 61% WC loss rate reduction
- 76% GL loss rate reduction
- 55% AL loss rate reduction
Since complacency is our worst enemy, we continue to raise the bar as our goals for Project Lifesaver Phase II are (1) to prevent jobsite deaths, and (2) to achieve a 40% reduction in the PLS loss rates over the next four policy years. In order to assist our members in achieving this new set of goals, our service offerings include the following:
- Develop an enhanced Incident Investigation training program to assist members in analyzing incidents and developing lessons learned
- Conduct Safety Culture Evaluations and identify key characteristics of successful companies
- Conduct regional workshops on “Moving from Compliance to Commitment”
- Continue the renewed emphasis on Fleet Safety for all members
- Continue to evaluate Best Practices and Risk Mitigation techniques as relates to quality and construction defect claims
- Continue the annual Best Practices meetings with an emphasis on Executive and operations participation
- Continue annual Project Lifesaver meetings with an emphasis on the Contractor Action Plan
We continue to strive toward our goal of ZERO!
