Overview of the PEO Program from Novatae Risk Group
Novatae Risk Group offers a specialized PEO solution tailored for staffing companies that face challenges securing workers' compensation coverage in the standard market. Through our program, agents and brokers can find placement options for difficult staffing accounts—particularly those affected by high experience mods, prior losses, tough class codes, or multi-state exposures.
Our PEO for Difficult Staffing Accounts, powered by Empire Underwriters, delivers flexible and creative alternatives to state funds, assigned risk pools, or carriers who are unwilling to renew. With access to top-rated AM Best carriers and a wide range of program structures, we help you place hard-to-write risks efficiently and competitively.
Ideal Accounts and Target Classes
- Staffing firms exiting state funds or assigned risk pools
- Accounts with X-Mods between 1.30 and 3.0
- Clients recently non-renewed or cancelled due to losses
- Risks with a lapse in coverage (case-by-case basis)
- Multi-state staffing firms or those with adverse underwriting history
Target staffing classes include Construction, Light Industrial, Healthcare, IT/Technical, Clerical, Administrative, Hospitality, and Skilled Trades. We will consider most class codes, depending on the state and risk profile.
Example: You might be working with a staffing agency that places light industrial workers across three states and was recently dropped by its carrier after a year of losses. That’s a strong candidate for our PEO program.
Coverage Highlights and Program Benefits
- Custom-tailored solutions for each account
- High Deductible and Retroactive Plans available
- Dividend or Return of Premium eligibility (case-by-case)
- Loss control and risk management support
- Fair and expert claims handling
- Automatic renewals with minimal to no audits
- HR services and optional benefits administration (ACA compliant)
- Pay-As-You-Go billing and optional zero premium deposits
- Full-service payroll with tax filing (941s, W-2s, etc.)
- Multiple Coordinated Policy Programs (MCCP)
- Master Policy options aligned with NCCI guidelines
- Fast turnaround on quotes
Commissions
Great Commissions – Ranges from 6% to 10% of workers' compensation premium, depending on risk class and account size.
Submission Requirements
- Completed Acord 130
- Three years of loss runs
- Loss affidavit for accounts with no prior or lapse
- Explanation for any claim over $20,000
- Current Experience Mod sheet
- Class-specific supplemental application (Click here for Supplementals)
Territories and Availability
Our PEO program is available in all U.S. states except monopolistic fund states. We currently write business in: AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WV, WI.
Why Work With Novatae Risk Group?
As a leading managing general underwriter and E&S broker, Novatae Risk Group delivers access to over 12 top-rated carriers including AIG, Zurich, Hartford, Amtrust, Argonaut, State National, and more. We specialize in placing tough-to-insure staffing risks and provide agents with market access, underwriting expertise, and fast service to help you close more business.
Whether you're helping a client transition out of an assigned risk pool or dealing with a tough class code, Novatae gives you the tools and options to find a competitive solution.
Frequently Asked Questions
What types of accounts are a good fit for this PEO program?
Staffing companies facing non-renewal, high X-Mods, prior losses, or those exiting state funds are ideal. We also accept multi-state risks and tough class codes.
Do you offer coverage in all states?
We write in all states except monopolistic fund states, including CA, FL, TX, NY, and many others.
What carriers do you work with for this program?
We have access to over 12 top-rated carriers including AIG, Zurich, Hartford, Amtrust, Argonaut, and more.
How fast can I get a quote?
We offer quick turnaround on most submissions, provided all required documents are complete and accurate.
What documents are needed to submit an account?
You'll need a completed Acord 130, three years of loss runs, Experience Mod sheet, explanations for large claims, and a class-specific supplemental form.
Need help placing an account? Connect with a market specialist.