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A Vital Workers Compensation Loss Control and Cost Cutting Tool for Companies Nationwide
What Novatae Risk Group's Professional Employer Organization (PEO) Program Does for Your Policyholders
Novatae Risk Group offers a PEO program built for agents who need a dependable market to place small- and mid-sized employers that require full-service HR and more competitive workers compensation solutions. This program helps your clients outsource payroll, benefits, compliance, and claims management while improving cash flow and reducing workers comp expense through pay-as-you-go billing and hands-on loss control.
Place clients who are struggling with high X-Mods, recent losses, tough class codes, lapses in coverage, or complex multi-state operations. Novatae pairs underwriting expertise with broad carrier access to craft practical, market-ready PEO solutions.
Why Agents Use Novatae's PEO Solutions
Leveraging a PEO through Novatae gives your clients and your agency clear advantages:
No large premium deposits or year-end audits
Pay-as-you-go workers compensation tied to actual payroll
Administrative relief—HR, payroll, benefits, and compliance handled by the PEO
Access to stronger employee benefits packages and payroll tax remittance
Dedicated loss control and claims services to manage exposures and control frequency
Programs designed for retention and simplified servicing for your agency
Program Features and Highlights
No premium deposits or audits required; improved cash flow with pay-as-you-go billing
Comprehensive HR support including onboarding, ACA compliance, and claims management
Payroll services with full tax remittance and reporting
Flexible program structures — deductible options, dividend/return-of-premium programs, safety credits
Integration options for job costing and accounting software
High retention — coverage remains in force until canceled, reducing client turnover
Target Markets and Ideal Accounts
This PEO program is designed to place risks that are otherwise hard to write in the standard market, including accounts that:
Are being non-renewed or canceled due to losses or underwriting restrictions
Are in assigned risk pools or coming out of state funds
Have elevated X-Mods (1.30–3.0) or recent large losses
Have lapsed coverage, no prior, or operate in difficult class codes
Operate across multiple states or have complex payroll structures
Industries where Novatae is especially competitive include (but are not limited to):
Manufacturing
Construction (roofing, masonry, excavation)
Staffing agencies
Property management
Janitorial and cleaning services
Landscaping and demolition
In-home care and assisted living
Transportation and warehousing
Farming and agricultural operations
Swimming pool contractors
Residential care facilities
Gunite and pool plastering contractors
Tailored Solutions and Carrier Access
Novatae works with over a dozen carriers — including top-rated AM Best markets — to tailor PEO placements. Available options include deductible and dividend programs, safety credits, and payroll delivery choices (direct deposit, mailed checks, or in-house check writing). Software integrations can streamline job costing and reporting to help clients control loss experience.
Underwriting Notes and Submission Requirements
To evaluate a risk quickly, include the following:
ACORD 130
Three years of loss runs
Loss history affidavit if there is a lapse or no prior coverage
Explanations for claims over $20,000
Experience Mod sheet
Applicable supplemental application for the class of business (View Forms)
Minimum premiums vary by carrier and program structure; provide complete submissions to get an accurate indication.
Territories and Availability
The PEO program is available in most non-monopolistic states. Current availability includes: 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.
Example Accounts You Might Place
A regional roofing contractor with a 1.8 X-Mod and frequent subcontractor payroll who needs payroll tax handling, claims management, and a path off the assigned risk market.
An in-home care agency expanding to three states with payroll complexity, ACA reporting needs, and prior lapses in coverage — seeking stable benefits and workers comp administration.
Why Work With Novatae Risk Group
As a Managing General Underwriter and Excess & Surplus Lines broker, Novatae combines deep underwriting expertise with broad carrier relationships to place hard-to-place workers compensation business. Agents benefit from strong market access, program flexibility, professional loss control and claims support, and streamlined servicing so you can retain clients with less administrative burden.
Frequently Asked Questions
What types of accounts are a good fit for this PEO program?Accounts with high X-Mods, prior large losses, tough class codes, or those coming out of assigned risk pools are a strong fit. Construction, staffing, janitorial, home healthcare, and transportation accounts are frequently placed.
Can this program help clients who have been non-renewed or have a lapse in coverage?Yes. The PEO program accommodates non-renewals and lapses, including businesses with challenging loss histories or underwriting restrictions.
What states is this program available in?The program is available in most states nationwide, excluding monopolistic states. See the full list above for current state availability.
Are there specific submission requirements?Yes. Provide an ACORD 130, three years of loss runs, an Experience Mod sheet, supplemental applications for the class of business, and claims explanations for large losses.
What are the advantages for agents placing business through this program?Agents gain access to markets that can place difficult workers comp accounts, receive competitive commission opportunities, and benefit from high client retention with minimal servicing needs.
Need help placing an account? Connect with a market specialist.
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