Schaumburg, IL (February 25, 2013) - In response to the rapid growth of the professional employer organization (PEO) industry, Assurance will be expanding its current PEO practice under the guidance of Guy Jacobucci. The award-winning independent insurance brokerage has been servicing PEOs for over 17 years. Recently, Assurance has reorganized the structure of the team and added new members in an effort to centralize the services offered to this unique industry.
PEOs are organizations that manage and administer human resources and employer risk of their clients. With today's economy and health care legislation, more businesses are relying on PEOs as a cost effective, outsourcing option. The upturn has led Assurance to increase its insurance support staff and services. This includes helping PEO clients issue their own certificates, generate benchmarking data and utilize Assurance's claims advocacy department to ensure all claims are properly handled.
Dan Klaras, President of Property & Casualty at Assurance, stated, "The PEO industry is a niche we've focused on under the umbrella of our larger temporary staffing practice, but due to their unique needs, we're making exciting steps towards adding more tailored services.” He continued, "Current handling requirements and future trends require that we address this segment of our business with its own platform. Guy's expertise and continued involvement in the industry is a real advantage for us and will play a large role in how Assurance evolves its PEO practice.”
Jacobucci's expertise in the PEO industry has resulted in greater efficiencies for clients and reduced insurance risk when adding on new client companies. He serves on the National Association of Professional Employer Organizations Associate Member Committee and the Advisory Board for the Certification Institute.
"I couldn't be more pleased with the dynamic support team around me that will be assisting our PEO clients in all their day-to-day insurance needs,” said Jacobucci. He continued, "Our growth in this industry will better serve our clients and offer new insurance options to PEOs nationwide.”
To learn more about Assurance's involvement in the PEO industry, visit www.assurancestaffing.com.