With healthcare staffing margins under pressure, ensuring optimal Workers’ Compensation coverage is not just a matter of compliance — it’s a business imperative. For one medical staffing firm, navigating the complexities of coverage across multiple states was a challenge — until they partnered with PMC Insurance Group, a subsidiary of One80 Intermediaries.
The Challenge: Comprehensive, Lower Premium Cost Solution
Founded in 2022, the multi-service staffing firm provides placements for Registered Nurses (RNs), Licensed Practical Nurses (LPNs), and Nurse Practitioners in eight states across the country. They were in the assigned risk pool for their Workers’ Compensation coverage, and in search of a more comprehensive, cost-effective solution.
A Strategic Shift: Partnering with the Right Experts
Originally represented by another agency, the firm’s account changed course when a new agent secured a Broker of Record (BOR) letter and began a quest for the best coverage solution for their new client. The agent reached out to our team of staffing experts for guidance and access to StaffPRO3, our specialized Workers’ Compensation program for Temp Staffing.
Immediately the team assessed the client’s situation and engaged our broad network of carrier partners. After a thorough analysis, we identified a carrier capable of providing the specialized support and competitive pricing the firm needed.
The Outcome: A Winning Quote and Significant Savings
The result? A customized quote that included a 10% credit in California — a major factor for securing the new policy. This creative solution not only addressed the client’s pain points, it delivered real savings and expanded coverage.
In the end, PMC helped transition this $170,000 multi-service staffing account out of the assigned risk pool and into the standard market with a comprehensive Workers’ Compensation coverage tailored to their specific operational needs.
Why It Matters
This success story illustrates the power of collaboration, deep industry expertise, and proactive problem-solving. At PMC Insurance Group, we’re committed to helping Temp Staffing firms nationwide secure coverage that protects their workforce while supporting financial stability and business growth.
Looking for Better Workers’ Comp Solutions for Your Staffing Firm?
Reach out to our team at [email protected] to explore tailored options that deliver both value and peace of mind.
