https://completemarkets.com/company/empire-underwriters-llc/peo-for-difficult-staffing-account/
Features of Empire’s PEO for Staffing Companies
Tailor-made solutions for each risk
High Deductible Programs
Retroactive Programs - “Retro Plans”
May Qualify for Dividend or “Return of Premium” Plans
Loss Control Assistance – Risk Management Services
Expert and Fair Claims Management
Little or No Customer Service for the Retail Producer
Automatic Renewals in most cases with no Audits
HR Services/Support
Optional Benefits Administration – Obamacare
Pay As you Go Plans
Optional Zero Premium Deposits
Payroll service including full tax remittance and compliance, 941's, W-2's
Multiple Coordinated Policy Programs - MCCP
Master Policy Programs in compliance with NCCI guides
Quick turnaround on Quotes
Commissions
Great Commissions – ranges from 6 to 10% of Workers Compensation premiums (commissions vary by risk, governing code and size of account)
Target Staffing Classes
Construction and Specialty Contractors
Professional and Service
Technical and IT
Outplacement and Permanent Placement
Clerical and Administrative
Light Industrial
Manufacturers
Healthcare and Medical
Artisans and Skilled Trades
Hospitality and Specialty Staffing
We Handle Risks for All States Except Monopolistic
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
Staffing Target Market for our PEO Programs
Staffing Companies that wish to get out of a State Work 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
Accounts with a credit mod but being Non-Renewed by current carrier due to heavy losses the prior year
Staffing Companies with a Lapse in coverage (depending on class and state)
Tough class codes, multi-state exposure or adverse underwriting criteria
Any combination of the above that makes the account difficult for the standard market to handle
We will look at most any Class Codes from Clerical, to Manufacturers, Contractors, Health and Service to name few
Top Carriers
We have over 12 Carriers to work with including some of the highest rated AM Best Carriers in the country, including AIG, Zurich, Hartford, Argonaut, Amtrust, State National, Lumberman’s, GIC and many more..
Staffing Submission Requirements
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)