Today’s business world is complex and companies no longer fit as easily into the traditional Insurance “box” that was once a viable option. On a similar note, not all PEOs are created equal- certain PEOs are more competitive in various niches than others. Our unique process combines the best of traditional Insurance agency and PEO offerings to deliver customized, cost-efficient, and scalable solutions to meet the complex needs of our clients. In addition to being PEO brokers, we are licensed Insurance brokers which allows us to mix and match traditional Insurance with PEO and truly advise our clients...Read More
Traditionally, business owners rely on their Insurance agent to find them the best Workers Comp and Employee Benefits plans. Insurance agencies represent a wide variety of customers whose businesses are all very different. Insurance agents pair a business with a carrier. PEOs absorb businesses into their master health plan and master Workers Comp policy. This allows small to mid-size companies to achieve better pricing through economies of scale, as well as access the wealth of administration and support services offered.
Naturally, Insurance agencies and PEOs view each other as competitors for Workers Comp and Employee Benefits. Because of this, Insurance agents and PEO reps compromise their client’s best interests by serving their own agendas. Insurance agents often take a reactive approach when having a PEO conversation with their clients.
iPEO Solutions is a Joint Venture Partnership Agreement with Baldwin Krystyn Sherman Partners (BKS), a Baldwin Risk Partners’ award winning flagship firm. Through this Joint Venture, iPEO Solutions combines its deep PEO expertise with customized market Insurance solutions to deliver a truly agnostic and consultative outcome for our clients.
BKS is an award-winning independent Insurance brokerage firm providing private Risk Management, commercial Risk Management, Employee Benefits, and Vitality™ programs to clients wherever life takes them throughout the U.S. and internationally. Commercial Insurance & Risk Management services including claims consulting, loss control & analytics.
When our clients outgrow their PEO relationship, we are standing by to help. If a business finds itself to be large enough to buy Employee Benefits and Workers Comp alone they may only want to use a partner for Payroll & HR. This is called HRO. If a client decides it’s HR needs are very light and that it does not need any support or outsourcing, they may opt only for payroll in an ASO model.
Businesses outgrow their vendors and partners constantly as their needs evolve. We are committed to scaling with our clients and providing best in class solutions at each phase of the business life cycle. This is evident in our success stories many of which are 15+ year relationships.
iPEO Solutions serves client companies ranging from 25 employees all the way up to 10,000 employees. We have diverse PEO and Insurance partners for a variety of industries and company sizes. iPEO has specialized understanding of the challenges facing companies of the following industries, and solutions to overcome them.
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