One of the unforeseen negatives of the Affordable Care Act was increased costs for workers’ compensation insurance, coming both from higher taxes assessed to insurance companies and higher costs of claims. The claims costs are on the rise due to more dependance on workers’ comp vs. traditional health insurance, increased medical costs and the big […]
Tag: "workers’ comp"
Why does a PEO need an insurance agent for their master workers’ comp policy? What does an agent or agency know that they don’t? Why not just go direct? Cut out the middle man! Doesn’t it cost more money to have an agent involved? Sounds good but in “real life” things don’t work out that […]
Our property and casualty agency has been creating strategic alliances with other large agencies to supply even more markets for business insurance, both to the traditional business owner and PEOs. Agencies we work with include: Stonehenge Insurance Services – PEO workers’ comp Hourglass PC – PEO workers’ comp Cypress Risk Management – large workers’ comp […]
We are a provider of master policies to PEOs, Payroll and Staffing Companies for Workers’ Compensation Insurance. Convenient Links for PEO Owners: Our Agency Alliances Latest PEO Insurance updates (master policies) There are several viable options for PEO owners in today’s comp market, including: Guaranteed Cost programs High deductible programs Captive Loss Funds Offshore Loss […]
PEO and staffing company owners are realizing that having an agent represent them for their master worker’s comp policies (and others) can lead to greater profitability and significant increase to their bottom line.
Why would a business owner use a PEO to provide solutions to employer headaches with traditional payroll and insurance methods? “PEO” stands for Professional Employer Organization. In almost all states this is a licensed and regulated corporation which practices in the field of employee leasing or co-employment. In an employee leasing scenario, the PEO becomes […]
Why would anyone expect to find all their payroll, workers’ comp insurance and HR answers from one PEO? Would you buy a suit that didn’t fit? So why expect one PEO to do it all? Many business owners are frustrated that they can’t find the right payroll, workers’ comp or PEO solution that matches their […]
While there are many advantages to having a PEO manage your workforce, many times it is troubles with Workers’ Compensation Insurance that brings the client to a PEO. Is it better to be with a PEO? To have a professional partner to assist you with risk management? We of course, have a bias, but here […]
People ask us when they need a PEO, or even why? Hard question to answer with anything other than “Maybe you don’t!” Our staff can spend a lot of time telling you why you should have a PEO, and you can probably find some of that on other parts of this site. For fun though, […]