PEO: Program Manager

Program Features

• Targeting specialty PEO retail agencies ONLY
• Fastcomp’s Agent Dashboard provides quick access to all submissions and Client Company data
• Need to be an Approved Fastcomp Agency

Target Market

• Minimum Premium of $250,000
• No New Ventures. Must have 3 years of prior coverage
• Client Companies are individually underwritten
• Broad appetite:
  • Contractors
  • Auto Services
  • Entertainment, Sports & Leisure
  • Habitational
  • Manufacturing
  • Professional Offices
  • Restaurants
  • Retail
  • Service Industry
  • Wholesale & Distributors

Program Requirements

• Non-working security deposit (10-15%)
• Bi-weekly Payroll Reporting and Premium Billing

Submission Checklist

• ACORD and PEO RFP
• Two years audited financials, plus current year
• Current Client List: Name, Address, FEIN, NCCI Class Codes
• Current Client/Class Payrolls
• Five years loss history: summary and claim detail
• Five years payroll history: summary only
• Bios for Owner/Principles and Org Chart