risk management Archives - InfinitiHR | Human Resource Consulting & HR Services

BURTONSVILLE, MD — Infiniti HR, a leading payroll and benefits company, announced the rollout of a new master workers’ compensation policy for co-employed partners (PEO clients). This new solution will offer significantly lower rates and charges than market-rate workers’ compensation programs and will remove the burden of annual renewal shopping.

The new program has been established with Zurich and will be a stable and long-term commitment from an A+ rated global carrier. It includes key risk management deliverables that are integrated seamlessly and without cost to assure successful outcomes for clients.

The master workers’ compensation policy will:

• Allow Infiniti HR to lower current workers’ compensation costs by 15-20%
• Enable billing on a pay-period basis that removes any audits or under/overpays
• Possibly remove the experience modification from premium calculation

This risk management program will assure a high level of service to the workers’ compensation program participants as it relates to a stabilized insurance offering, customized safety programs, compliance consulting and aggressive workers’ compensation claims management practices.

About Zurich

For more than 140 years, Zurich has provided risk and insurance solutions and is a leading multi-line insurer that serves its customers in global and local markets. Zurich’s customers include individuals, small businesses, mid-sized business and large companies—including multinational corporations in more than 170 countries. Zurich’s excellent stability is reflected in its status as an A.M. Best A+ rated carrier.

About Infiniti HR

Infiniti HR helps clients of all size navigate increasingly complex employee related matters including payroll, human resource compliance, employee benefits and risk management services, through PEO environments or administrative service organization (ASO) arrangements.

For the latest in human resources outsourcing, check out infinitihr.com. To learn more about how your business can save time and money, call the office at 480.588.6545.

###

BURTONSVILLE, MD – Infiniti HR, a rapidly growing and customer-focused PEO, is pleased to announce the new hire of Sheldon Altschuler as the vice president of risk management. Prior to joining Infiniti HR, Altschuler provided strategic analysis of operational functions for many diverse clients, including Fortune 500 companies, to mitigate financial and physical loss amongst many different industries as it related to statutory insurances (Workers’ Compensation, general liability, property, auto, employment practices, etc.).

According to Scott Smrkovski, President and Chief Executive Officer of Infiniti HR, “Sheldon’s career includes more than 20 years in the market space. He brings a diverse background in improving on historical financial loss experience through risk management, safety and operational efficiency efforts. We look forward to his leadership and insights to complement our expanding business.”

In his new role as vice president of risk management at Infiniti HR, Altschuler will be responsible for developing insurance alternatives to better address client needs and in providing a hands on physical consultative approach to each client site including review, adjustments and training.

Altschuler has earned the Associate in Risk Management designation (ARM), served on the Risk and Insurance Management Society’s (RIMS) Governance Committee, and has been involved in leadership capacities with multiple industry associations including the National Association of Professional Employer Organizations (NAPEO) where he partnered in developing the early framework of their risk management philosophy and member deliverables.

About Infiniti HR

Infiniti HR offers expertise to effectively manage critical HR responsibilities and employer risks while allowing businesses to focus on their core operations that impact profitability. Infiniti HR helps clients navigate increasingly complex employee related matters including payroll, human resource compliance, employee benefits and risk management services, through professional employer organization (PEO) environments or administrative service organization (ASO) arrangements.

Click here for the latest press releases. Visit Infiniti HR for the latest in human resources. To learn more about how your business can save time and money, call the office at 866.552.6360.

###