Professional employer organizations (PEOs) provide HR solutions to hundreds of thousands of small and mid-size businesses across North America1. Some of the services offered by PEOs include payroll, benefits, HR, tax administration and regulatory compliance assistance. In addition, PEOs, because of their contractual arrangement with clients, take on a statutory role as an employer.
As a result, workers' compensation administration and management becomes one of the single most critical components in the suite of products and services a PEO provides its customers. The ins and outs of PEO workers' compensation can be quite complex and bring unique policy issuance and management issues distinct from a traditional employer's workers' compensation program. The issue of reliable coverage is also a critical factor that has tested even the best PEOs.
Serving the unique needs of leading PEOs.
Artex is proud to have provided stable, responsive workers' compensation solutions to the PEO industry on behalf of Zurich North America since 1995. We are experienced in offering the full spectrum of risk management alternatives — from guaranteed-cost to loss sensitive — and providing a design and delivery approach in workers' compensation programs that targets the unique needs of today's leading PEO industry practitioners.
Our team members are considered experts on PEOs — so much so that they have conducted training classes for state regulatory agencies and are often called upon by industry trade associations to provide guidance on workers' compensation specific matters in the co-employment arena.
Temporary staffing firms.
Artex also provides workers' compensation solutions on behalf of Zurich North America to the Temporary Staffing industry, which is responsible for sending three million employees every day to work in America's offices, factories, hospitals, warehouses and other work sites2. Staffing firms also take on a unique role as an employer, providing labor on a contingent basis to the many clients they serve. As such, central to the success of all staffing companies is the administration and management of their workers' compensation program, particularly given the fact that workers' compensation can be one of a staffing company's single largest "cost of goods sold."
A spectrum of solutions for the temporary staffing industry.
Artex offers a variety of solutions designed specifically for the temporary staffing industry.
The Artex StaffGuard Program is a highly responsive, guaranteed-cost workers' compensation program that provides agents and staffing companies unparalleled responsiveness and turnkey solutions. StaffGuard solutions include unbundled claims administration and management services, pay-as-you-go options, 24/7 online access to loss runs and certificates of insurance and more. The Artex PremierComp+ solution, often referred to as a rent-a-captive, is a more simplified approach to alternative risk transfer for clients interested in less downside risk than most captive programs. This loss-sensitive program delivers the right combination of competitive premiums, A.M. Best "A" rated security and long-term cost stability. Benefits include no capitalization, manageable collateralization and underwriting profits returned to the insured. This is a leading loss-sensitive platform for best-in-class temporary staffing operations in white, grey and some blue color classifications.