Staffing / PEO
Helping our clients protect their most valuable assets
The insurance market for Staffing Companies or PEOs is a unique and limited marketplace dominated by insurance programs for most casualty lines. It is important to understand each carrier’s specific coverage form and how that fits the insured’s industry focus and exposure. For Staffing Companies and PEOs, Workers Compensation is often one of their largest expenses. A broker should intimately know the marketplace as well as proper timing to offer the insured creative solutions to manage their risk and the claims inherently that come along with it. Along with standard guaranteed cost options, an insured should consider large deductible options, captives, and other alternative risk funding designs. Ironwood has the expertise to know which option is ideal for an insured and has the resources and services to execute the strategy.