Industry Targets > PEO
MPG: PROVIDING WORKERS’ COMPENSATION INSURANCE SOLUTIONS FOR PEOs.
Securing & Managing Workers’ Compensation For Professional Employment Organizations
Professional Employment Organizations (PEOs) offer businesses a number of services including payroll processing, employee benefits administration, human resources training and support, and Workers’ Compensation insurance. Through its co-employment model, PEOs can take administrative tasks off an employer’s plate enabling the owners to focus on the growth of the business.
Monarch Partners Group (MPG) works with national insurers to offer competitive Workers’ Compensation solutions to PEOs to protect their co-hire employees – vital to both the workers’ health and that of the PEO’s operation. Our seasoned team can construct and manage PEO Workers’ Compensation programs – from guaranteed-cost to loss-sensitive plans, each tailored to fit the PEO’s specific risk management and financial objectives.
PUT OUR EXPERTISE TO WORK FOR YOUR PEO CLIENTS
Together with our carrier partners, we deliver industry-leading capabilities for local PEOs that serve small to midsize businesses as well as larger PEOs with a national reach. Our programs can cover white-, gray- and blue-collar classifications.
In addition to providing coverage in the event of an employee injury or death, our carrier partners also provide support services to help reduce the number of injuries and the PEO’s financial liability, including OSHA best practices training, drug-free workplace programs, return-to-work implementation, and claims advocacy, among others.
WHY MPG
In addition to our experience and success, there are many other reasons to look to MPG for alternative Workers’ Compensation solutions:
- Owner/CEO-level relationships with all Workers’ Compensation sources
- Access to under-the-radar niche programs
- Overall cost less than current cost in most cases
- Pay-as-you-go and monthly reporting programs
- Lower upfront costs in most cases
- Short quote turnaround time
- Workers’ Compensation coverage is all in one place
- New codes and states are added quick and easy
- Unemployment & Workers’ Compensation claims are handled (PEO/EOR)
- Employer liability for employer/employee issues and payroll taxes are transferred away (PEO/EOR)
- Employee-related HR/legal is our obligation are handled (PEO/EOR)
Compensation to referral partners is competitive and residual. Put MPG’s vast expertise, credibility and high-level relationships to work for you to find the best overall Workers’ Compensation solution for your client and provide you with a competitive edge.