Workers' compensation ("WC") risk management is an important component of the total human resources solution delivered to business clients by Professional Employer Organizations (PEOs).
The PEO WC risk management certification program provides independent professional verification that a PEO's risk management program is meeting proven insurance industry risk management best practices to reduce work-related accidents and health exposures and control WC insurance losses. Certification gives PEO client business owners assurance their service provider has the capability to deliver important risk management results. Certification also provides WC insurance companies with ongoing assurance that a PEO is in fact implementing industry best practices in a consistent and effective manner. Any PEO is eligible to apply for certification.
The program was developed through the cooperative efforts of WC insurance companies and PEO industry risk managers and insurance brokers with the support of the National Association of Professional Employer Organizations (NAPEO) and the Employer Services Assurance Corporation (ESAC).
The program is managed by a Certification Board made up of representatives of WC insurance companies and PEO industry leaders. To ensure a broad industry perspective is considered, the Certification Board relies on an Industry Advisory Board composed of PEO risk managers and insurance brokers for technical review and advice.
All duly licensed WC insurance companies and state insurance programs are encouraged to participate in the program. For more information, please contact CI.