San Diego, CA – Enlyte recently announced the release of its 2022 Enlytened Trends Report to help insurance and automotive executives prepare for the coming year.
The annual publication delivers valuable insights from renowned subject matter experts at Enlyte, the parent company of Mitchell, Genex and Coventry. In an extensive report covering a wide array of today’s most pressing issues, industry leaders present intelligence and predictions based on data-driven trends in collision and casualty markets.
“Whether it’s workforce changes, inflation, supply chains or politics, each new challenge to our industry comes with an opportunity for growth and improvement for the people we serve,” said Alex Sun, CEO of Enlyte. “Be it impacts of automation or electrification, social inflation or social determinants of health, election results or drug price transparency, our subject matter experts are taking a closer look at the trends that shape our industry’s decision-making today, offering strategies to help them navigate whatever comes next.”
Using a future-focused approach, Enlytened ’22 authors deliver a thorough assessment of problems the industry has faced in the past few years such as supply chain issues and provider shortages and presents strategies industry leaders can use when tackling difficult issues and meeting future goals.
Key issues examined include:
Strategies for Adapting to an Evolving Workforce
The Great Resignation and the move to remote work has forever changed the way we work, as well as the profile of our workforce. This will require employers to rethink everything from health and safety on the job, to new technology that makes training, onboarding and prioritizing easier.
Yes, Supply Chain and Inflation Affects Injured Employees’ Recovery
In response to global supply chain challenges, many companies are moving from “just-in-time” to “just-in-case” logistics strategies, ensuring that extra supplies and resources are available at critical junctures in the supply chain.
Managing Social Inflation in a Talent Crisis
There’s another type of inflation converging with workforce challenges —a trend in rising claims costs due to increased litigation settlements, larger jury awards, growing anti-corporate bias and aggressive tactics used by plaintiff attorneys. Early intervention can be the difference between a runaway verdict and a more predictable outcome.
Regulatory Environment—the Election Edition
The results of this year’s midterms represent a possible shift in legislative issues impacting the casualty claims industry. Enlyte breaks down what you can expect as new legislators take office.
How Personalized Care Leads to Faster Recovery Times
Understanding the social determinants of health and taking a more personalized approach to understand an injured employees’ life circumstances can help them recover faster
Addressing the Impact of Violence in the Workplace
Violence in the workplace continues to be top of mind for many employers and remains one of the leading causes of occupational injuries. Critical incident stress management (CISM) is a comprehensive, systematic, and multifaceted approach to managing traumatic stress within an organization or a community.
Drug Price Transparency, Rebates and Inflation
Legislative activity around drug price transparency and rebates could impact pharmacy benefit managers (PBMs) and especially, in some states, workers’ comp.
Read the free report: Enlyte: 2022 Enlytened Trends Report
Enlyte is a WorkCompWire ad partner.
This is NOT a paid placement.