What is Workers’ Compensation?
Workers’ compensation is a form of insurance providing wage replacement and medical benefits to employees injured in the course of employment in exchange for mandatory relinquishment of the employee’s right to sue his or her employer for the tort of negligence.
“According to NCCI data, the costliest lost-time workers’ compensation claims by cause of injury, result from motor vehicle crashes. Other above-average costs were claims made for burns, falls and slips.”
How We Customize a Workers’ Comp Plan for Your Business
SUNZ Insurance continues to rise to the occasion by leading the industry in workers’ compensation insurance for PEOs, staffing agencies, and large corporations. Our workers’ compensation insurance is not just a part of our business – it’s the star of our business. That is how SUNZ has the energy to give you the individual attention and support other companies just cannot offer.
SUNZ’s workers’ compensation programs can provide both guaranteed cost and large deductible programs starting at a minimum of $100K. SUNZ works one-on-one with policyholders to personalize service and offer a customized program to satisfy unique needs and risk tolerances.
Our flexibility in customizing collateral accumulation and deposits allows companies to supercharge their cash flow while effectively balancing the risk and reward of their workers’ compensation program.
Large Deductible Workers’ Compensation Programs
Large Deductible Workers’ Compensation Programs are focused on reducing the insurers up-front premium costs. For employers who manage risk responsibly, this is an attractive program with positive tax benefits.
- Potential Tax Savings
- Highly Available in the Marketplace
- Lower Up-Front Premium Cost
- Incentives for Controlling Risk
- Great for Large Businesses
Guaranteed Cost Workers’ Compensation Programs
Guaranteed Cost Workers’ Compensation Programs are highly sought after by small- and medium-sized businesses as the program provides a set cost that does not fluctuate throughout the policy period.
- Flat Rate for Duration of Policy
- Not Adjusted for Loss Experience
- Great for Small to Medium-Sized Businesses
- Lower Deductible
- Customizable Program
Take Control of Your Risks
Let SUNZ help you take control of your risks and get your company on track towards a safer tomorrow. We are here for you whenever you need us because, unlike other insurance carriers, your success is what drives us from sunrise to sunset.
Vital to an effective operation, and the profitability of any workers’ compensation program, is to control the amount of a claim when it happens and manage them efficiently and successfully. We first place a strong emphasis on prevention which minimizes the risk for claims. Our team of loss prevention professionals will provide you with the tools needed to have a safe and productive work environment.
Our approach to managing the claims of injured workers is to have experienced and reliable claims adjusters who use relevant claims data to achieve your objectives and consistent results. In addition, the claims adjusters thoroughly manage the medical care aspects of workers’ compensation claims with the best components of managed care.
Personalized Solutions. International Scale.
Risk is ever-present in all businesses. There are times when companies need alternative solutions to traditional workers’ compensation coverage. Because of this, we personalize our programs and work with our clients to identify the risk, manage it, and convert it into viable returns. Our captive programs provide clients with more control over the risk they bear and allows for greater claims management rewards.
Through our affiliate, DiffRins, we are committed to helping our clients realize the full scope of their risk environment to customize a captive insurance model that meets their objectives and their risk appetite. We provide complete management services for handling workers’ compensation insurance coverage, including underwriting, policyholder services, loss control and claims. You experience outstanding results from our well-designed alternative risk program.