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

A Professional Employer Organization (PEO) enables small and mid-sized companies to cost-effectively outsource the management of Human Resource, Employee Benefits, Payroll and Workers’ Compensation. Working with a PEO allows companies to focus on their core competencies rather than complicated, time-consuming and non-revenue producing functions-to maintain and grow their bottom line.

A PEO gives your clients a complete Human Resource solutions that lets them, as business owners, limit their liability. PEO’s provide business owners with a team of professionals that provide their employees with the benefits they expect from a top rated company.

Small and large businesses are seeing how they can benefit from working with a Professional Employer Organization:

  • 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 Policyholders 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

Great Commissions – ranges from 6 to 10% of Workers Compensation premiums (commissions vary by risk, governing code and size of account)

Target Classes of Business For PEO Quotes:

(Many More Available)

  • Artisan Contractors
  • Butane, Propane, LPG Dealers and Installers
  • Clearing, Grading or Land, Excavation
  • Demolition
  • Electrical Apparatus Installation
  • Electricians NOC
  • Excavation, Grading and Equipment
  • Farming
  • Framing and Carpentry
  • Freight Handlers
  • Gunite Contractors
  • Heavy Construction
  • In Home Care and Assisted Living
  • Janitorial
  • Landscaping
  • Manufacturing
  • Masonry and Concrete
  • Millwright Work
  • Oil or Gas Lease Work
  • Oil or Gas Well Supplies Equipment Dealer
  • Painting
  • Pipe or Tube Manufacturing
  • Pipe Reconditioning
  • Pool Plastering
  • Property Management
  • Residential Care
  • Residential Cleaning
  • Roofing
  • Staffing
  • Steel or Iron Fabrication or Erection
  • Swimming Pool Contractors
  • Transportation
  • USL&H
  • Warehouses

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

Specific State Submission Requirements

PEO and Custom Made Solutions – Tailored to your Clients Needs

Unlike “standalone policies” where the policies are mainly the same, the main features of our PEO products is that we can tailor make a program individualized for the account by adding and moving features and parts around that together work to fit make a whole. Examples of some of these features are:

  • 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)

All of these factors and preferences are considered in assessing the clients operations and needs and to design a tailored made individual solution, program and pricing for your client.

Eligibility and Target Market For PEO Quotes

Your PEO Target Accounts are::

  • 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 or high hazard 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 or High Hazard 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

We have over 12 Carriers to work with including some of the highest rated AM Best Carriers in the country, including Hartford, AIG, Zurich, Argonaut, Amtrust, State National, Lumberman’s and many more..

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)