Professional Employer Organization – PEO

A Vital Workers Compensation Loss Control and Cost Cutting Tool for Companies Nationwide

What a Professional Employer Organization Can Do for Your Policyholders

• Eliminate high premium deposits and audits
• Remove tedious HR tasks and focus on money making facets of the company
• Save money by outsourcing their HR, employee benefits, and payroll
• Get the reassurance that their company is always under compliance with professional HR management
• Reduce risks by having proper employment practices
• Attract quality employees by having top notch benefits.

A PEO Will Save Your Company Time and Money

Highlights and Key Features of the Empire PEO Programs

• Pay As you Go Workers Compensation at reduced costs!
• NO PREMIUM DEPOSIT
• NO PREMIUM AUDITS
• HUGE CASH FLOW ADVANTAGES
• Loss Control and Risk Management
• Expert and Fair Claims Management
• HR Services -support: Unemployment Claims Administration, Garnishments, Cobra etc...
• Full Compliance to ACA (Affordable Care Act) Requirements
• Full Payroll service including full tax remittance and compliance, 941's, W-2's
• Very little if any customer service for your Agency
• Very high retention product - continuous until cancelled

Commissions

Target Classes of Business For PEO Quotes (Just a Sampling)

We Handle Risks for All States Except Monopolistic

Specific State Submission Requirements

• New York - Click Here
• New Jersey - Click Here
• Connecticut - Click Here
• Pennsylvania - Click Here
• California - Click Here

PEO and Custom Made Solutions – Tailored to your Clients Needs

• Special deductible plans, (according to the clients individual risk appetite)
• Dividend and return of premium plans
• Custom discounts and credits for implementation of the service providers Loss Control procedures

Some Software Special Options

• Job Costing Software
• The ability to Run P & L and balance sheet reports
• Accounting software interface
• Multiple office report configuration

Some Payroll Delivery Options

• Overnight checks mailed to client
• Direct deposit into client's accounts
• Money loaded onto employees bank check-cards,
• Client writes net checks in house off of the service providers account,
• Client write checks out of their own account (subject to approval)

Eligibility and Target Market For PEO Quotes

• Accounts that are seeking to get out of a State Workers Comp fund, a state “assign risk pool” or “insurer of last resort”
• Accounts are being Non-Renewed or cancelled by the “standard market” due to losses or exposure
• Any account that is headed to a State Insurance fund, “assign risk pool” or “insurer of last resort”
• Accounts that have X-Mods between 1.30 and 3.0, but will also look at Mods under 1.30 and even Credit Mods
• Accounts that have a credit mod but being Non-Renewed by current carrier due to heavy losses the prior year
• Lapse in coverages
• Accounts with No Prior coverage, tough class code, multi-state exposure or adverse underwriting criteria
• Any combination of the above that makes the account impossible or unlikely for the standard market to handle
• Tough Class Codes with some or all of the above criteria
• We will look at virtually any range of Class Codes from Clerical, to Manufacturers, Contractors, Health and Medical fields to name few

Top Carriers

Empire Submission Requirements For PEO

• Acord 130
• 3 Years loss history
• Loss History Affidavit for accounts with Lapse in coverage or No Prior
• Explanation of claims over $20,000
• Experience Mod-Sheet
• The Supplemental for the Class of Work pertaining to the risk being submitted
  (Click here for Supplementals)