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Showing episodes and shows of
Todd Thams
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Keep Hustling
Maintaining The Hustle with Todd Thams
In this episode, Aaron Gordon sits down with Todd Thams, an insurance industry veteran who recently transitioned from running a family insurance business to launching ModAdvisor, a tech-focused start-up. Todd discusses his journey, including the challenges and rewards of making such a significant career pivot. He shares insights on the importance of hard work, resilience, and surrounding oneself with the right people. Todd also reflects on how his family's entrepreneurial spirit has influenced his approach to business. Whether you’re interested in the insurance industry, start-up life, or personal development, Todd’s story is both inspiring and inst...
2025-01-23
29 min
Insurance Town
Todd Thams- So much to unpack ...
In this weeks episode the Mayor, get a long awaited, but much appreciated, visit from his buddy Todd Thams ! this is an exciting , quick hitting episode. Todd comes in hot, and talks about so many wonderful topics from multi generational agencies, Hard Market, Workers comp, Butter cows and Maid rites. Its a fun conversation you dont want to miss!Thank you for tuning in , make sure you check out our fabulous sponsors:Smart Choice-Canopy Connect- Discount click hereOlde School Marketing - 10% off with code Town10Manscaped - 20% off and free...
2024-01-11
1h 00
Mindset Growth, Rayz Rantz, Breaking Barriers
How to Save Money on Workers Comp with Mod Advisor’s Todd Thams
In this episode of Mindset Growth, host Gary Bontrager interviews Todd Thams, founder of Mod Advisor, a software company that helps employers manage their workers' compensation claims. Todd shares his journey of selling his family business, starting a new venture, and embracing change and flexibility in his career. He also reveals his problem-solving and leadership skills, his personal growth strategies, and his vision of making a difference in the world. You will learn: - How Todd sold his family business and transitioned to a new industry ...
2023-07-03
44 min
Profiles in Risk
Todd Thams, Founder of Mod Advisor - PIR Ep. 388
Tony chats wtih Todd Thams, Founder of Mod Advisor. They simplify workers' compensation experience analysis by creating meaningful, well-designed reports the clients and agents love.Todd Thams: https://www.linkedin.com/in/todd-thams/Mod Advisor: https://modadvisor.com/Video Version: https://youtu.be/JqwIBKxrKyE
2023-05-26
31 min
Agency Intelligence: The Insurance Podcast Network
Todd Thams: It's Really Not Hard To Thams The Mod, You Just Need A Mod Advisor
In this episode of Agency Intelligence podcast, host Jason Cass interviews Todd Thams, Founder of Mod Advisor, Direct Work Comp, and President of Thams Agency. Todd talks about how Mod Advisor helps agencies better communicate to their clients and prospects the impact of claims on their workers’ compensation premium, saving them both time and money. Episode Highlights: Todd shares that the reason why he founded Mod Advisor is that he wanted to have a better, easier way to communicate with prospects and clients about the impact of the cost of claims on their wor...
2022-10-11
29 min
Getting Past the Premium
Todd Thams - Boosting Agency Success with Innovative Software & Tools
Todd Thams, Founder of Mod Advisor, Direct Work Comp and President of Thams Agency, joined the show today to talk through the innovation and development of Mod Advisor. As a trusted advisor, it's our job to be the hero for our clients. Most businesses are overpaying for workers compensation and the data that is used to calculate their premium is consistently wrong. If we're able to identify the problems our clients face every day, and provide valuable solutions, the rest is simple! Enjoy today's episode.About Mod Advisor:Simplify workers compensation analysis and deliver...
2022-06-22
32 min
Agency Intelligence: The Insurance Podcast Network
RHS 144 - Todd Thams on Delivering Max Value to Your Clients
In this episode of The Ryan Hanley Show, Todd Thams, founder of Mod Advisor, Direct Work Comp, and President of Thams Agency, joins the podcast to break down how Mod Advisor is helping independent insurance agents deliver maximum value to their insurance clients.Don't miss this episode...Episode Highlights: Todd discusses the concept of broker-type ventures. (10:51) Todd expresses his excitement about Mod Advisor and all of the exciting things that they will be doing. (13:45) Todd explains that he considers himself to be a builder based on his life...
2022-05-26
57 min
The Ryan Hanley Show
RHS 144 - Todd Thams on Delivering Max Value to Your Clients
Became a Master of the Close: https://masteroftheclose.comIn this episode of The Ryan Hanley Show, Todd Thams, founder of Mod Advisor, Direct Work Comp, and President of Thams Agency, joins the podcast to break down how Mod Advisor is helping independent insurance agents deliver maximum value to their insurance clients.Don't miss this episode...Episode Highlights: Todd discusses the concept of broker-type ventures. (10:51) Todd expresses his excitement about Mod Advisor and all of the exciting things that they will be doing. (13:45) Todd explains that he considers...
2022-05-26
55 min
Leader's Edge
Accelerator Wrap-Up
Todd Thams, founder of Mod Advisor, just finished his in-person accelerator experience with BrokerTech Ventures and we are hearing firsthand what his team learned and how it will affect their business. We also talk a little workers comp.
2022-05-18
17 min
Leader's Edge
Accelerator Wrap-Up
Todd Thams, founder of Mod Advisor, just finished his in-person accelerator experience with BrokerTech Ventures and we are hearing firsthand what his team learned and how it will affect their business. We also talk a little workers comp.
2022-05-18
17 min
Power Producers Podcast
The Ring Sessions Volume 6
In this episode of The Power Producers Podcast, David Carothers, Todd Thams, Founder of Mod Adviser, Direct Work Comp and President of Thams Agency, and Kevin Ring of the Institute of WorkComp Professional talk all about learning to read and understand mod worksheets.Episode Highlights: Kevin explains that it's very easy to give a bad rap to mod worksheets because we don't understand them. (2:15) Todd shares the first thing he would be check in a mod worksheet. (4:51) Kevin shares the most important thing to know when getting through an injury code. (6:33) Todd discusses...
2022-02-18
26 min
Power Producers Podcast
The Ring Sessions Volume 5
In this episode of The Power Producers Podcast, David Carothers together with Todd Thams, the Founder of Mod Adviser, Direct Work Comp and President of Thams Agency, and Kevin Ring of Institute of WorkComp Professional, discuss audits and certificates of insurance. Episode Highlights: Todd shares his background and experience in the audit industry. (5:22) Kevin tells us that there is a tremendous amount of low-hanging fruit on the premium audit nowadays. (9:14) Kevin shares the importance of having certificates of insurance in a company. (12:11) Kevin tells us that all clients are not created equal and w...
2022-02-11
31 min
Power Producers Podcast
The Ring Sessions Volume 4
In this episode of The Power Producers Podcast, David Carothers and guest host, Todd Thams sit down with Kevin Ring. Kevin talks about the common challenges agency and business owners are facing with misclassification. Episode Highlights: Kevin explains that most businesses are misclassified. (3:29) Kevin talks about the four distinct types of operations. (8:37) Kevin tells us about the common questions he gets regarding furniture store classification codes. (12:08) Kevin shares his view that the older generation has been better at training people compared to today's generation. (19:55) Kevin shares a story that illustrates the importance of b...
2022-02-04
33 min
Power Producers Podcast
Throwback: Cookin up Comp Deals in America's Heartland with Todd Thams
In this throwback episode of The Power Producers Podcast, David Carothers and co-host Kyle Houck interview Todd Thams, Founder of Direct Work Comp and President at Thams Agency. Todd talks about the significance of the workers’ compensation and the benefits of applying technology as a tool in reshaping operations.Episode Highlights: David introduces Todd Thams. (1:30) David says that Todd’s barbeque and products are legendary. (5:21) Todd shares his background in the insurance business. (6:12) Todd mentions that he’s the third-generation owner of their insurance agency. (7:41) Todd states that the fast-food industry is entirely overlo...
2021-12-29
1h 04
The Comp Effect
What is a Max Debit Mod
Have you ever heard of the max debit mod rule? In this short episode of Comp Talk, Todd breaks down what the rule is and how it actually helped an account he was working on.
2021-08-05
07 min
The Comp Effect
What is Consent to Rate
Have you heard the term - Consent to Rate? Do you know what it is? In this episode of Comp Talk, Todd talks about what it is to consent to rate and why you may or may not want to do it.
2021-07-29
06 min
Power Producers Podcast
The Master of Mods with Todd Thams
In this episode of The Power Producers Podcast, David Carothers and co-host Kyle Houck interview Todd Thams, Founder of Mod Advisor, Direct Work Comp, and President of Thams Agency. Todd talks about how the Mod Advisor was born and gives a couple of advice to those who are new to Mod Advisor.Episode Highlights: Todd mentions how he came up with the idea to create the Mod Advisor. (5:42) Todd mentions one of his biggest frustrations from building Mod Advisor. (14:33) What are some tips and tricks that Todd would like to...
2021-07-26
53 min
The Comp Effect
Managing Work Comp Claims at Chick-fil-A
In this episode of The Comp Effect podcast, host Todd Thams interviews Steve Figliuolo aka "Figs" who is the Senior Risk Manager and in charge of work comp claims at Chick-fil-A Corporate Support Center. He shares his industry experience, his thoughts on managing claims, and how to pay what is owed and defend what isn't. Episode Highlights: Steve shares his background. (3:06) Steve mentions one of the first things that attracted him to Chick-fil-A. (7:35) Steve mentions his career in sales and marketing with an investigative company. (13:40) Steve shares his experience working in insurance fraud. (18:51) Steve mentions what’s most interesting about hi...
2021-07-12
55 min
The Comp Effect
Should You Have a Work Comp Deductible?
In this episode of Comp Talk, Todd Thams talks about worker's compensation deductibles, what they are, and whether you should have one or not.
2021-07-08
07 min
The Comp Effect
Case Law on Mandatory Vaccinations
In this episode of Comp Talk, Todd Thams shares a case from Texas where a judge upheld a business's right to require Covid-19 vaccinations. Employees who chose to not get vaccinated can be rightfully terminated.
2021-07-01
07 min
The Comp Effect
The Bermuda Triangle of Insurance Explained
In this episode of The Comp Effect podcast, host Todd Thams interviews Don Phin, Certified eSpeaker, Strategist, and Coach. Don stops by to explain how work comp, FMLA, and ADA interact. He also explains how focusing on work comp claims actually increases revenue. Episode Highlights: Don shares his professional background. (1:49) Don explains what most business owners and brokers don’t really know. (5:31) Don chats about margin replacement revenue ratio. (12:45) Don gives examples of customer experience and customer value. (18:44) Don explains why one of the biggest mistakes that people make is not starting the clock on the FMLA. (21:23) Don talks more in...
2021-06-28
53 min
The Comp Effect
Late Reporting Increases Costs
In this episode of Comp Talk, Todd Thams talks about the increased costs associated with late reporting and references an NCCI Research Brief. Claims reporting in weeks 2 and 3 have increased costs by 20-70%!
2021-06-24
10 min
The Comp Effect
Employment Law Advice - Post COVID-19
In this episode of The Comp Effect podcast, host Todd Thams interviews Melissa Schilling, shareholder at Dickinson, Mackaman, Tyler & Hagen, P.C. Melissa stops by to educate us on what businesses can legally do when bringing employees back to the office. Can you require vaccines? Can you require facemasks? Can you terminate an employee who doesn't get vaccinated? She answers all these questions and more! Episode Highlights: Melissa shares her background. (1:50) What’s Melissa’s favorite area of practice? (3:36) Melissa explains what happens if an employee doesn’t want to get vaccinated. (5:40) Melissa mentions what the Americans with Disabilities Act is all...
2021-06-21
42 min
The Comp Effect
Provider Fraud Is a Multi-Billion Dollar Industry
In this episode of The Comp Effect podcast, host Todd Thams interviews Sam King, Vice President at EMPLOYERS. Sam is no stranger to working in comp fraud. His entire career has been focused on identifying and preventing all types of work comp fraud. Learn what the MILK acronym means, how fraud occurs, and what to look for. Episode Highlights: Sam shares his background. (1:59) Sam explains why California is not a very conservative state when it comes to workers comp benefits. (10:41) Sam shares one of the schemes they’ve dealt with for years. (19:18) Sam mentions the three types of fraud in wo...
2021-06-14
1h 05
The Comp Effect
Post COVID Audits
In this episode of Comp Talk, Todd Thams talks about workers' compensation audits post COVID, and what businesses should be doing so they don't overpay or miss out on coverage.
2021-06-10
10 min
The Comp Effect
Mental Health Lessons Learned from the COVID-19 Pandemic
In this episode of The Comp Effect podcast, host Todd Thams interviews Ruban Roberts, MBA, MSW, CEO of RER Consulting, LLC. Ruban founded a COVID-19 mental health program for the 2.8 million residents of Miami Dade County, with a focus on helping marginalized communities. His experience is helpful in recognizing the effects of the pandemic on various populations and how businesses should approach these groups as they prepare their workforce reintegration plan. Episode Highlights: Ruban shares his background. (2:35) Ruban shares where his idea came from to create a program for Miami Dade County when the pandemic hit. (4:29) Ruban outlines the objectives...
2021-06-07
53 min
The Comp Effect
Why You Need Job Descriptions for the Auditor
In this episode of Comp Talk, Todd Thams shares why job descriptions are important. Using the Scopes Manual from NCCI can help your client eliminate classification problems and prevent audit charges.
2021-05-27
07 min
The Comp Effect
Using Education and Processes to Win
In this episode of The Comp Effect podcast, host Todd Thams interviews Kevin Ring, CWCA, MWCA, lead analyst with the Institute of WorkComp Professionals. Kevin shares his experience with education and processes that agents can use to help their clients. This episode talks about all things workers' compensation, from sales, to claim management, to employee termination/resignation. Episode Highlights: Kevin shares the history of workers’ compensation. (5:08) As an agent, what’s one of the greatest things you can do? (17:00) Kevin explains the only reason why anyone buys insurance. (21:42) Kevin shares why they always talk about the experience mod and managing the...
2021-05-24
1h 05
The Comp Effect
Audit the Audit
In this episode of Comp Talk, Todd Thams talks about why you should audit your worker's compensation audit and the number of mistakes that he commonly sees. In this example, his client was being overcharged 10%.
2021-05-20
11 min
The Comp Effect
Listen to Me and Treat Me like a Human
In this episode of The Comp Effect podcast, host Todd Thams interviews Lisa Fitzpatrick, DrOT, CHT, CAE, CEAS, Owner of XcelABLE. Lisa talks about her company and passion for helping injured workers with pain management. As someone who has struggled with managing her physical pain, she knows what claimants go through and has ideas to help. Listen to how her company helps with health and wellness. Episode Highlights: Lisa mentions what they do inside the company. (3:39) Lisa shares her background. (5:30) Lisa shares other people’s thoughts about chronic pain management. (9:25) How does Lisa address the issues when tests do not sh...
2021-05-17
1h 07
The Comp Effect
Let’s Talk Monopolistic States
Here's a short episode on monopolistic states, what they are and why you need to be aware.
2021-05-13
03 min
The Comp Effect
Why Mod Reviews Are Important
In this episode of The Comp Effect podcast, host Todd Thams interviews Andrew Clark, co-owner of CCG Premium Recovery Group. Andrew talks about what his company does and common errors they see. Just last year they returned $4.3 million dollars back to clients and their data suggests almost 70% of all mods are wrong. Episode Highlights: Andrew shares when he joined the family business. (3:56) Andrew explains why workers’ compensation is a convoluted system. (5:54) Andrew mentions the biggest kickback that he gets from clients and brokers. (10:18) Andrew shares why claim reserves are incorrect with mods. (17:46) What advice would Andrew give to businesses to ma...
2021-05-10
42 min
The Comp Effect
Why You Should Review Part 3 of Your Work Comp Policy
In this episode of Comp Talk, Todd Thams reviews part 3 of the Workers' Compensation policy and what you need to look for. Not reviewing this may cost your clients BIG.
2021-05-06
10 min
The Comp Effect
Tailoring Employee Engagement to Drive Company Growth
In this episode of The Comp Effect podcast, host Todd Thams interviews John Spanczak, Director of Employee Engagement Services at Leverage. John has helped put Clickstop Inc. on the map as a top workplace in Iowa. John shares his unique perspective and strategies to help businesses create an amazing workplace culture. Episode Highlights: John shares how he made Clickstop a top workplace in Iowa and one of the fastest-growing companies. (3:31) John shares the number of employees they’ve had at Clickstop from 2018 to 2021. (8:24) John mentions the culture they have at Leverage. (13:56) John shares why their recruitment strategy plays a huge ro...
2021-05-03
59 min
The Leading Edge
Interview with Todd Thams: Part Three
Recently I sat for an interview with another podcast host Todd Thams of Thams Agency. You can check out his podcast, The Comp Effect to learn more. Over the next 3 weeks you'll be hearing our 3 part series, that came out of our interview, where we discuss Culture in the workplace and how every individual should feel empowered to make a difference! Enjoy.
2021-04-30
20 min
The Comp Effect
What Are You Risking by Not Purchasing Work Comp?
It's common to hear that businesses don't want to buy work comp, they'll just pay their workers in cash. What are the risks when doing this? In this episode of Comp Talk, Todd Thams talks about the risks and how these scenarios usually play out.
2021-04-29
10 min
The Comp Effect
Bringing Health and Wellness to the Trucking Industry
In this episode of The Comp Effect podcast, host Todd Thams interviews Mark Manera, Founder of the Trucking Fitness Company. Mark and Todd discuss health and wellness issues in the trucking industry and how these challenges can be addressed. When truckers have a lifespan of 16 years less than the average person, it's time to promote change. Episode Highlights: Mark shares his background. (2:00) Mark mentions the statistics of truck drivers. (3:50) How would Mark change behaviors that truck drivers have had for so long? (11:01) Mark discusses the different programs they offer. (15:28) Mark shares the two different paths of their program. (22:45) Mark explains...
2021-04-26
53 min
The Leading Edge
Interview with Todd Thams: Part Two
Recently I sat for an interview with another podcast host Todd Thams of Thams Agency. You can check out his podcast, The Comp Effect to learn more. Over the next 3 weeks you'll be hearing our 3 part series, that came out of our interview, where we discuss Culture in the workplace and how every individual should feel empowered to make a difference! Enjoy.
2021-04-23
18 min
The Comp Effect
Mid Term Cancellation?
Is your company considering switching workers' compensation insurance during the policy year? Make sure it makes sense and follow these steps.
2021-04-22
08 min
The Comp Effect
The Rx Professor
In this episode of The Comp Effect podcast, host Todd Thams interviews Mark Pew, Senior Vice President of Product Development & Marketing at The Preferred Medical. The Rx Professor and Todd, discuss drug usage and workers' compensation. Topics range from opioid abuse to how marijuana will affect employers and claims in the future. Episode Highlights: Mark gives a little background on drugs and workers’ compensation. (2:37) Mark shares that most people use drugs for pain management. (5:38) Does Mark think that people could be abusing or double-dipping opioids on a workers’ compensation claim? (7:14) Mark mentions their biopsychosocial treatment model. (12:49) Mark explains his tagline. (24:14) Mark...
2021-04-19
1h 02
The Leading Edge
Interview with Todd Thams: Part One
Recently I sat for an interview with another podcast host Todd Thams of Thams Agency. You can check out his podcast, The Comp Effect to learn more. Over the next 3 weeks you'll be hearing our 3 part series, that came out of our interview, where we discuss Culture in the workplace and how every individual should feel empowered to make a difference! Enjoy.
2021-04-16
18 min
The Comp Effect
Buyer Beware
In this episode of Comp Talk, Todd Thams shares some shady business practices by agents when trying to write new business and what businesses can do when receiving proposals.
2021-04-15
19 min
The Comp Effect
Work Comp Shop Talk with Jason Cass
In this episode of The Comp Effect podcast, host Todd Thams interviews Jason Cass, Managing Partner at The Insurance Alliance, and Owner of Agency Intelligence. Industry experts Jason Cass and Todd Thams talk about all things workers' compensation. Listen to find out things most agents don't talk about, how to bid insurance, and other industry information. Episode Highlights: Jason shares why the work comp in Illinois is a nightmare. (3:38) Jason mentions an interesting thing Travis pointed out. (8:25) Jason shares why 50% to 60% of the time the mod sheet is wrong. (9:21) How would Jason fix a mod problem? (44:14) Jason explains his current...
2021-04-12
1h 00
The Comp Effect
What is a Ghost Work Comp Policy?
In this episode of Comp Talk, Todd Thams explains what a ghost work comp policy is and why you would want one.
2021-04-08
06 min
The Comp Effect
Managing Work Comp Claims with Zenjuries
In this episode of The Comp Effect podcast, host Todd Thams interviews Jess Dantice, founder of the best work comp software in the world. His software Zenjuries puts the injured worker at the center of the claim. It also helps close claims faster and for 33% less. He's passionate about work comp and ready to help you with work comp claims. Episode Highlights: Jess shares his backstory. (2:05) What’s the biggest reason Jess wanted to go into business? (5:27) Where did the idea for Zenjuries originate? (7:50) Jess discusses why workers comp is a broken system. (18:22) Jess shares four simple steps on injury rep...
2021-04-05
1h 04
The Comp Effect
Why Is My Business Being Charged for Subcontractors?
In this episode of Comp Talk, Todd Thams talks about why your business is being charged for subcontractors at audit and what you can do about it.
2021-04-01
10 min
The Comp Effect
Making Workers Compensation Insurance Sparkle
In this episode of The Comp Effect podcast, host Todd Thams interviews Dr. Claire Muselman, Director at the Workers Compensation Recovery Unit at Continental Western Group. Dr. Claire Muselman is leading the charge to change an industry. They don't call her glitter and sparkles for nothing. Her positivity is changing the way work comp claims are handled and leading to better experiences for injured workers. Episode Highlights: Dr. Claire Muselman shares how she got into the insurance industry. (2:05) Dr. Claire Muselman discusses human connection and making a difference. (5:55) Dr. Claire Muselman mentions issues specific to workers’ compensation. (12:35) What has been th...
2021-03-29
1h 07
The Comp Effect
What are Standard Exception Codes?
In this episode of Comp Talk, host, Todd Thams, discusses Standard Exception Codes and what you should know so you don't get surprised at audit time.
2021-03-25
04 min
The Comp Effect
Loving Your Injured Workers
In this episode of The Comp Effect podcast, host Todd Thams interviews Natalie Torres, the Senior Director of Client Solutions at Workfinders USA. Natalie shares her personal experiences on why grace and compassion are the key to helping injured workers find meaningful alternate work. Her expertise helps businesses nationwide reduce costs and create a better experience for employees. Episode Highlights: Natalie mentions what it means to be an advocate. (2:17) Does Natalie work with individual employers and insurance companies? (3:05) Natalie shares what her typical day looks like. (5:13) Natalie gives an example of what a light-duty return to work program looks like. (10:27) ...
2021-03-22
52 min
The Comp Effect
Should Your Business Pay for Small Work Comp Claims?
In this episode of Comp Talk, host, Todd Thams, talks about why businesses shouldn't pay small work comp claims on their own, but instead use a work comp deductible.
2021-03-18
09 min
The Comp Effect
Covid Safety Issues and Workers Compensation
In this episode of The Comp Effect podcast, host Todd Thams interviews Kent Smith, the President/Shareholder at Smith, Mills & Schrock Law. Kent Smith discusses recent legislation that changes how states view worker safety when it comes to COVID 19. New changes are holding employers accountable for employee protection. Episode Highlights: Kent shares his background. (2:12) Kent shares the challenges that business owners face when it comes to remote employees. (7:47) Kent discusses primary principles in workers’ compensation claims. (11:08) What is the most valuable commodity in Kent’s business?(17:31) Kent shares the biggest traumas caused by the pandemic. (20:21) Kent shares some claims scenarios rega...
2021-03-15
1h 00
The Comp Effect
Why Immediate Reporting Matters
In this episode of Comp Talk, host, Todd Thams, talks about how a successful claim is started and why immediate reporting matters. He also provides a free handout to help your company with reporting.
2021-03-11
09 min
The Comp Effect
How Nurse Triage Will Help Your Business Reduce Claims by 40%
In this episode of The Comp Effect podcast, host Todd Thams interviews Darrin Schenck, the Vice President of Sales & Marketing at TriageNow. Darrin talks about his approach to workers’ compensation and how nurse triage companies can help businesses by providing time of injury solutions. Episode Highlights: Todd explores Darrin’s blog page, darrinchatter.com. (2:00) Darrin shares his career background in sports. (7:09) Darrin shares a story about the first year they went to the annual Worker's Compensation and Disability Expo in Las Vegas. (16:26) Darrin explains the objectives of a nurse triage company. (19:10) Darrin explains the process of a slip and fall clai...
2021-03-08
1h 05
The Comp Effect
Case Study – How Mishandling of Claims Costs Your Business More Money
In this episode of Comp Talk, Case Study – How Mishandling of Claims Costs Your Business More Money, Todd reviews an actual experience mod worksheet and explains what he's looking for during a review. He quickly discovers how two claims are costing this business huge.
2021-03-04
14 min
The Comp Effect
The Future of Risk Avoidance with Wearables
In this episode of The Comp Effect podcast, host Todd Thams interviews Gabriel Glynn, of Mākusafe Corporation, to discuss how technology is changing the future of safety. Never before captured data can help protect workers, actually prevent injuries and creates a 1000% ROI. Episode Highlights: Gabriel shares his background. (2:42) Gabriel mentions their idea and genesis for building Mākusafe. (6:19) How does Gabriel keep their employees safe? (11:10) How did Gabriel come up with Mākusafe? (13:09) Gabriel shares the sensor-packed piece of technology that they have. (17:54) Gabriel mentions the things that they don’t do with their technology. (21:26) Gabriel shares why he belie...
2021-03-01
1h 02
The Comp Effect
Nurse Triage Explained in 3 Minutes
In this short episode of Comp Talk, Nurse Triage Explained in 3 Minutes, host Todd Thams explains what Nurse Triage is and why you should be using it
2021-02-25
03 min
The Comp Effect
How to Build Your Company Culture
In this episode of The Comp Effect podcast, host Todd Thams interviews Grant Botma, the Founder of Stewardship. Grant talks about the importance of creating a company culture and shares tips from his Culture Course on how to build and run a thriving team. Episode Highlights: Grant shares his background. (4:38) Grant shares a story about a career fair he attended when he was 15 years old. (5:28) Do you believe that your boss or manager genuinely cares about you? (10:31) Grant mentions one of the biggest factors that was a failing point to him. (11:32) Grant shares the significant aspects of the motivational hierarchy. (13:32) Gra...
2021-02-22
49 min
The Comp Effect
Lessons Learned From an Actual Claim Review
In this short episode of Comp Talk, Lessons Learned From an Actual Claim Review, host Todd Thams, reviews the loss history on an account he's working on and why a return to work program would have saved this company thousands of dollars. Failing to focus on safety is costing this account big bucks.
2021-02-18
15 min
The Comp Effect
Work Comp Fraud Investigation Is a Family Business
In this episode of The Comp Effect podcast, host Todd Thams interviews Don Dunn, CEO/Investigator at The R&D Agency and Brianna Dunn, the Director of Sales & Marketing. They discuss their approach to investigating fraud and exaggerated insurance claims and explain the importance of pre-employment screenings. Episode Highlights: Don shares his background. (1:54) Don shares his experience doing surveillance. (3:44) When did Don start the agency? (5:38) Brianna shares her background. (6:20) When Brianna joined the family business, what was the training like? (7:31) Brianna shares what she does in the agency. (9:23) Don mentions the courses they offer in Minnesota. (10:01) What are some of...
2021-02-15
56 min
The Comp Effect
There’s More to Bidding Your Insurance Than Price
2021-02-11
22 min
The Comp Effect
The King of Claim Triage
In this episode of The Comp Effect podcast, host Todd Thams interviews Mike McDonough, the Work Comp Risk Advisor at Workers Comp Renegade and the President of McDonough Insurance Services. Mike talks about the importance of understanding and forward-thinking with workers’ compensation and discusses the books he’s written on the subject. Episode Highlights: Todd mentions how he met Mike McDonough. (1:41) Mike shares his background. (7:55) How does Mike educate his employees and clients on what to do when they have a compensation claim? (12:48) Mike shares the reason why he prefers using an independent triage firm rather than going through the carr...
2021-02-08
1h 06
The Comp Effect
Why I Started the Comp Effect
2021-02-04
07 min
The Comp Effect
Why Injured Workers Run to Attorneys with Jennifer Zupp
In the first episode of The Comp Effect podcast, host Todd Thams interviews Jennifer Zupp, Co-Owner of Zupp and Zupp Law Firm. Jennifer talks about her knowledge and expertise in litigating Workers’ Compensation and shares lessons and advice to help business owners, risk managers, and HR professionals. Episode Highlights: Jennifer shares her background and what made her go into the Worker's Compensation area. (3:34) Jennifer mentions the number one tip that drives people to her. (6:28) Todd explains why there’s always a cost containment on any Workers’ Compensation claim. (9:13) Jennifer explains the importance of reporting the injury to the insurance company. (16:37) What h...
2021-01-18
1h 01
The Insurance Guys Podcast
Tweets of Change with Todd Thams
In this episode, Bradley and Scott sit down with Todd Thams of the Thams Agency and directworkcomp.com. The guys discuss the ever-changing insurance agent and underwriter relationship. ///////// Cover Desk Hire a virtual professional from Cover Desk who takes care of all the tasks you don’t need a license to perform. Click here for more info >>>Tell Cover Desk that The Insurance Guys sent you. ePayPolicy Insurance payments made easy. Created by insurance experts for the insurance industry ePay...
2020-12-16
48 min
Power Producers Podcast
Cookin up Comp Deals in America's Heartland with Todd Thams
In this episode of The Power Producers Podcast, David Carothers and co-host Kyle Houck interview Todd Thams, Founder of Direct Work Comp and President at Thams Agency. Todd talks about the significance of the workers’ compensation and the benefits of applying technology as a tool in reshaping operations.Episode Highlights: David introduces Todd Thams. (1:30) David says that Todd’s barbeque and products are legendary. (5:21) Todd shares his background in the insurance business. (6:12) Todd mentions that he’s the third-generation owner of their insurance agency. (7:41) Todd states that the fast-food industry is entirely overlooked. (8:41) How did Todd manage...
2020-08-05
1h 52
The Ryan Hanley Show
RHS 041 - How Todd Thams is Going to Dominate by Taking Workers Comp Direct
Became a Master of the Close: https://masteroftheclose.comTodd Thams, principal of the Thams Agency in Iowa, is going to be one of the winners coming out of the current COVID-19 craziness. Todd is taking his workers' compensation expertise and building a direct-to-consumer brand that will leverage his deep under Get more: https://ryanhanley.comLearn more about your ad choices. Visit megaphone.fm/adchoices
2020-06-16
1h 13