Program Benefits for Insurance Companies

Objective:

To provide a reliable, cost-efficient way for workers' compensation insurance companies to identify PEOs that have the capability and are in fact appropriately implementing proven risk management best practices, and to create a forum for insurers and PEO leaders to work together to develop coverage options that are profitable for the insurers and desirable for the PEOs.

Benefits:

  • Provides a fast and independently verifiable tool for identifying PEOs that warrant full underwriting consideration
  • Provides ongoing monitoring that insured PEOs are adhering to an approved plan of controllable growth within the risk assessment parameters established by the carrier
  • Provides independent evidence that insured PEOs are implementing proven best practices in a consistent and appropriate manner at client worksites as verified on an ongoing basis by one of CI's experienced certified risk management professionals
  • Provides a forum to interact with other WC insurers active in the PEO industry and with PEO industry leaders to stay abreast of industry trends and opportunities
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