When your client ends up in the assigned risk pool, it’s rarely a win. Often referred to as the “last resort” for Workers’ Compensation, assigned risk programs are designed for businesses that can’t secure coverage through the voluntary market. But the trade-offs are steep.
Common consequences of assigned risk placement include:
- Higher premiums, often 20–100% above voluntary market rates
- Fewer carrier choices, limiting flexibility and policy customization
- Inconsistent service and slower claims processing
- Little-to-no proactive safety support or loss control guidance
- No mod score rehabilitation, even with improved performance
Many employers don’t realize there’s another option: PEO (Professional Employer Organization) coverage.
PEOs step in to offer an alternative pathway to Workers’ Comp—especially for businesses in high-risk industries or those with recent claims. Instead of being stuck in the pool, a client can “lease” coverage through the PEO’s master policy, gaining access to better pricing, bundled services, and administrative support.
For insurance agents, offering a PEO solution lets you retain the client, provide value, and position yourself as a strategic advisor—not just a policy seller.
We help agents find homes for their clients in high-risk industries. We provide Workers’ Compensation coverage to businesses in need, no matter the risk, and help agents find the best PEO coverage and savings for their insured. To learn how we can help you find coverage for clients stuck in the assigned risk pool, please reach out to receive a quote.
