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Best Insurance Plans That Protect Large-Scale Contractor Operations
Constr...t frequently under-optimized areas in large contractor programs.

...wo years behind in audits, and the large state agencies are usually not much q...al CPAs are legitimate independent contractors, few of them are able to pass a...

... by state basis. If the independent contractor producer is injured, he or she cannot collect disability or workers' compensation insurance benefits, and independent contractor producers are not eligible for unemployment insurance. Independent contractors can be held liable for their own actions and results, instead of being protected by the insurance agency and its own insurance coverages (automobile, general liability, errors and omission coverages) . A large agency risk pertains to potential tax liabilities. Independent contractors must pay quarterly income tax and Social Security self-employment taxes on their net taxable income. Adding federal income tax and state income taxes, the payout can be quite large. If independent contractor producers spend this money elsewhere rather than remitting it to the proper tax authorities, there can be trouble. Upon investigation and application of common law' factors ... Employees Articles Blog Photos Group Connections Reviews IMMS Library Immerse yourself in our stacks. Take some time and browse through our library. We have thousands of articles, checklists, tip sheets, sales letters, and more! Communications Marketing Customer Service Planning Finance/Accounting Risk Management Human Resources Selling Legal and E&O Technology Life/Financial Services Glossaries Management Resources & Links Categories Popular Recent All Back Independent Contractor Producers: Do They Pose Higher Risks For Agencies Today?4/30/2013 12:00:00 AM by CompleteMarkets Editor , Paul Whiting This content has not been rated yet. Across the country there are independent insurance agents and brokers whose producers are either fully employed as employees by the agency/broker, or are affiliated with the firm through an independent contractor producer relationship. Agency ...

...ncident: The agent insures several large contractors, and reviews contracts for them on...

... letters, and more! Communications Marketing Customer Service Planning Finance/Accounting Risk Management Human Resources Selling Legal and E&O Technology Life/Financial Services Glossaries Management Resources & Links Categories Popular Recent All Back Confronting Substance Abuse In Small Business 6/21/2014 12:00:00 AM by CompleteMarkets Editor This content has not been rated yet. Small businesses have not made the same progress as large businesses in developing drug abuse programs due to a lack of information and prohibitive costs. Some small businesses have also had difficulty providing the resources necessary to meet federal requirements for contractors to maintain drug-free workplaces. Three federal agencies jointly sponsored a national conference to communicate the effects of substance abuse in the workplace, discuss the specific problems of small businesses, and consider the incentives needed to assist small businesses ... responding to these problems and implementing effective programs. Representatives from trade associations, chambers of commerce, unions, public/private partnerships, state and local governments, and employee assistance programs attended the conference. Presentations were made by the sponsoring agencies and members of the small business community in the areas of small business experiences, legislation, treatment/insurance, and drug testing. Workshops were conducted for each type of organization attending the conference. The group workshops focused on ways in which partnerships could be formed between the various organizations and how information, resources, and incentives could best be provided to small businesses. The problems and recommendations discussed in the presentations and workshops are described below. Small Business Needs To help design the conference, data on small business problems with substance abuse were obtained in six regional ...

... errors and omission coverages). A large agency risk pertains to potential tax...declaring producers as independent contractors; rather, they may require produ...

... about their insurance programs. Unl.. All Articles by CompleteMarkets Editor Comments (0 ) Information Networks: Business As (Un)Usual This content has not been rated yet. CompleteMarkets Editor , Jack Fries 4/30/2013 12:00:00 AM INFORMATION NETWORKS: BUSINESS AS (UN)USUAL by Jack Fries The spread of information networks has already driven some fundamental changes in the way large companies do business. As those n.. All Articles by CompleteMarkets Editor Comments (0 ) Total Cost Of Risk: Your Secret Weapon This content has not been rated yet. CompleteMarkets Editor , C.R. Ekern 4/30/2013 12:00:00 AM TCOR: YOUR SECRET WEAPON by Rob Ekern Use the Total Cost of Risk approach to get and keep quality business. To get ... Group Connections Reviews IMMS Library Immerse yourself in our stacks. Take some time and browse through our library. We have thousands of articles, checklists, tip sheets, sales letters, and more! Communications Marketing Customer Service Planning Finance/Accounting Risk Management Human Resources Selling Legal and E&O Technology Life/Financial Services Glossaries Management Resources & Links Categories Popular Recent All bids Articles tagged with bids Back Contractors Pre-Approach This content has not been rated yet. CompleteMarkets Editor 4/30/2013 10:37:10 PM CONTRACTORS PRE-APPROACH Dear (Customer Name), Speed is the name of the game in your business, and many contractors simply don't have time to learn a great deal about their insurance programs. Unl.. All Articles by CompleteMarkets Editor Comments (0 ) Information Networks: Business As ...

...entity, he may do it himself. In a larger entity, he'll delegate the function ...laneous duties include supervising contractors' Certificates of Insurance, att...

...t revenue-definitely the agencies' largest expenditure. To remain competitive,...han for renewals. Even independent contractors, who had been paid the same per...

... an article predicting that independent insurance agencies would be gone in 10 years. I doubt that, but I do believe many fewer independent agencies will exist a decade from now, especially smaller agencies, because bigger agencies and banks will offer more products, probably at better prices, than many small agencies will be able to offer. In recent years, independent hardware stores have faced a similar challenge from large stores offering more merchandise, often at lower prices. Two such stores have successfully competed against their huge invaders, setting a great example for independent insurance agencies. Independent hardware store A probably has 1/20th the floor space, stock, and selection of the competition. However, there's plenty of variety among the items they carry. For example, they carry parts for every sink manufacturer. ... does what it does best rather than try to sell anything and everything like the big store. I'm always amazed that such a small store always has the right part. I can never find what I'm looking for in the big store. Small independent agencies can survive if they focus on selling specific products better than the competition. For example, if a small agency can prove that it writes small contractors' Property policies better than anyone else, it will write a lot of them-and leave the small contractors' Health insurance to someone else. Being all things to all people is impossible. Local hardware store B didn't suffer any sales downturn when the big hardware store opened, either. Store B thrives by selling merchandise the big store doesn't. It specializes in the hardware ranchers and farmers need. ...