LTCompSolutions is a risk management and workers compensation solution built specifically for the Professtional Employer Organization (PEO) and Staffing Firm to participate in a financially sound underwriting facility that will benefit Co-Employer and Employee contracting firms. Product Highlights
- Reinsurer can pay underwriting profit to PEO & SF based on performance
- Guaranteed Premium Policy issuance so co-employers are not taking on risk of deductible programs
- Can write in all states
- Strong Risk Management component (Client must qualify to participate in program)
Stratum is Business HR Consulting and Execution Firm. We believe that the cultural framework of an organization has a profound impact on its economic success. We integrate values, objectives, people, processes, communication and workspace that act as a cultural framework which are very clearly trackable and measurable. We work with fast-growing organizations to implement Cultural Frameworks, Strategic Business HR Solutions, Business systems and processes & Social HR Technologies to help Organizations scale sustainably to compete in global markets.
We understand our clients pain areas (be it people related or process related) and work towards root cause solutioning. The aim is to get business owners to focus on growth while we help strengthen the backend in multiple ways by implementing innovative and customized solutions.
Stratum Consulting is a Business HR Consulting Firm that works with fast-growing organizations to implement Social HR Technologies, Business HR processes and Business metrics to scale sustainably and compete in global markets.
The entire focus is on majorly 2 aspects:
1. Improving Employee Productivity, Employee Efficiency which impacts the Topline and Bottomline of your Organization
2. Driving your organization culture where everyone contributes to profitability, customer delight and innovation
Our solutions are entirely Human Centered and our entire focus is how we work with your entire team to understand pain areas and work towards solutioning the root cause.
We action what we propagate and drive our activity to success. The entire aim is how we can work with your organization in a way where you (as Business Drivers) get to drive BD, Strategy and Finance and we manage the Operational issues that would be causing any issues.
Stratum is Business HR Consulting and Execution Firm. We believe that the cultural framework of an organization has a profound impact on its economic success. We integrate values, objectives, people, processes, communication and workspace that act as a cultural framework which are very clearly trackable and measurable. We work with fast-growing organizations to implement Cultural Frameworks, Strategic Business HR Solutions, Business systems and processes & Social HR Technologies to help Organizations scale sustainably to compete in global markets.
We understand our clients pain areas (be it people related or process related) and work towards root cause solutioning. The aim is to get business owners to focus on growth while we help strengthen the backend in multiple ways by implementing innovative and customized solutions.
Stratum Consulting is a Business HR Consulting Firm that works with fast-growing organizations to implement Social HR Technologies, Business HR processes and Business metrics to scale sustainably and compete in global markets.
The entire focus is on majorly 2 aspects:
1. Improving Employee Productivity, Employee Efficiency which impacts the Topline and Bottomline of your Organization
2. Driving your organization culture where everyone contributes to profitability, customer delight and innovation
Our solutions are entirely Human Centered and our entire focus is how we work with your entire team to understand pain areas and work towards solutioning the root cause.
We action what we propagate and drive our activity to success. The entire aim is how we can work with your organization in a way where you (as Business Drivers) get to drive BD, Strategy and Finance and we manage the Operational issues that would be causing any issues.
Working closely with the client, we deliver a rigorous and effective integrated GRC (Governance, Risk and Compliance) solution – one that is not only right for the client, but also available for them.
Want to Respond Faster to Insurance leads? – Switch to Insurance Underwriting...Mind IT Systems
Competition in the insurance market is tough. To win, you need to have a deeper understanding of your prospects.
The transformation of the underwriting process with the use of modern technology is allowing insurance agencies/service providers to speed up the underwriting process, reduce the chances of errors, and make the customer acquisition process much simpler as well as easier.
As a leader in the field of software development and technology, Mind IT® can develop highly secure, robust, and innovative business-oriented custom software solutions for businesses of different sizes.
If your company spends money on improving its product, developing new products or improving processes you could be missing out on hundreds of thousands of dollars.
Identify emerging trends in defects to reduce warranty and recall
costs, maintain brand strength, and improve customer loyalty
Manufacturers, on an average, spend as high as 2.5% to 8% of their revenue on warranty costs. Best in class
manufacturers have been able to achieve warranty spends as low as 0.5%, underlining the tremendous potential for
cost reduction in business operations - from efficient process management as well as product quality improvement.
Majority of manufacturing companies limit their warranty business intelligence to historical reporting needs.
Manufacturers need robust technology that can monitor & report, provide timely alerts on critical warranty parameters,
predict warranty patterns and improve the analysis of scenarios under different warranty conditions. Presenting
Sailotech’s Warranty Analytics Solution - a rapid deployment, quick returns remedy to current business challenges.
Warranty Analytics solutions use to discover hidden trends in warranty and service records to more quickly identify the
emergence of previously unknown defects. Sailotech can transform data into insights to help you proactively address
your brand equity resulting from product defects while balancing customer satisfaction with profitability.
This material that we (Prakarsa Anak Negeri) share contains about "How to Manage Various Types of Highly Diversified and Decentralized Consumer Loans Portfolios, starting from:
1. Secured Loans (e.g. KPR, KPR, etc.), as well as
2. Unsecured Loans (Credit Cards, KTA, etc.
While still returning healthy and sustainable profits for the corporation, the place where you work.
Read & Get Inspiration, hope you enjoy!
The Business Continuity Conference, 25th October 2023 in Riyadh - David Boll...Continuity and Resilience
IT Disaster Recovery – Challenges and Solutions.
What is IT DR?
1. The ability to respond and recover from disruptions to IT infrastructure, networking, systems, equipment and data to support business continuity.
2. Originated from the legacy environment of mainframes where IT was centralised and had a major impact.
3. Further improved to IT DR sites to manage failover:
Cold
Warm
Hot
4. Traditionally strategies related to data backup by tape only.
5. Introduction of cloud and SAAS solutions has improved resilience through decentralisation.
Next step cloud-to-cloud DR solutions?
Why IT DR?
IT DR is critical and always important, which is often not given enough focus in BCM programs
Critical component of resilience
IT DR and IT resilience is a critical element of a thorough BCM system and resilience program
High % of real disruptions
It failures continue to be a leading cause of business continuity disruption.
Examples?
More important that ever
With increasing reliance on IT and digitisation, complexity and new risks, the requirement for IT DR continues to become even more important
Make or break your recovery
A well defined, implemented and exercised IT DR program is essential to the recovery of business delivery of products and services
Working closely with the client, we deliver a rigorous and effective integrated GRC (Governance, Risk and Compliance) solution – one that is not only right for the client, but also available for them.
Want to Respond Faster to Insurance leads? – Switch to Insurance Underwriting...Mind IT Systems
Competition in the insurance market is tough. To win, you need to have a deeper understanding of your prospects.
The transformation of the underwriting process with the use of modern technology is allowing insurance agencies/service providers to speed up the underwriting process, reduce the chances of errors, and make the customer acquisition process much simpler as well as easier.
As a leader in the field of software development and technology, Mind IT® can develop highly secure, robust, and innovative business-oriented custom software solutions for businesses of different sizes.
If your company spends money on improving its product, developing new products or improving processes you could be missing out on hundreds of thousands of dollars.
Identify emerging trends in defects to reduce warranty and recall
costs, maintain brand strength, and improve customer loyalty
Manufacturers, on an average, spend as high as 2.5% to 8% of their revenue on warranty costs. Best in class
manufacturers have been able to achieve warranty spends as low as 0.5%, underlining the tremendous potential for
cost reduction in business operations - from efficient process management as well as product quality improvement.
Majority of manufacturing companies limit their warranty business intelligence to historical reporting needs.
Manufacturers need robust technology that can monitor & report, provide timely alerts on critical warranty parameters,
predict warranty patterns and improve the analysis of scenarios under different warranty conditions. Presenting
Sailotech’s Warranty Analytics Solution - a rapid deployment, quick returns remedy to current business challenges.
Warranty Analytics solutions use to discover hidden trends in warranty and service records to more quickly identify the
emergence of previously unknown defects. Sailotech can transform data into insights to help you proactively address
your brand equity resulting from product defects while balancing customer satisfaction with profitability.
This material that we (Prakarsa Anak Negeri) share contains about "How to Manage Various Types of Highly Diversified and Decentralized Consumer Loans Portfolios, starting from:
1. Secured Loans (e.g. KPR, KPR, etc.), as well as
2. Unsecured Loans (Credit Cards, KTA, etc.
While still returning healthy and sustainable profits for the corporation, the place where you work.
Read & Get Inspiration, hope you enjoy!
The Business Continuity Conference, 25th October 2023 in Riyadh - David Boll...Continuity and Resilience
IT Disaster Recovery – Challenges and Solutions.
What is IT DR?
1. The ability to respond and recover from disruptions to IT infrastructure, networking, systems, equipment and data to support business continuity.
2. Originated from the legacy environment of mainframes where IT was centralised and had a major impact.
3. Further improved to IT DR sites to manage failover:
Cold
Warm
Hot
4. Traditionally strategies related to data backup by tape only.
5. Introduction of cloud and SAAS solutions has improved resilience through decentralisation.
Next step cloud-to-cloud DR solutions?
Why IT DR?
IT DR is critical and always important, which is often not given enough focus in BCM programs
Critical component of resilience
IT DR and IT resilience is a critical element of a thorough BCM system and resilience program
High % of real disruptions
It failures continue to be a leading cause of business continuity disruption.
Examples?
More important that ever
With increasing reliance on IT and digitisation, complexity and new risks, the requirement for IT DR continues to become even more important
Make or break your recovery
A well defined, implemented and exercised IT DR program is essential to the recovery of business delivery of products and services
Similar to Ltcompsolutions® Product Presentation (20)
The Business Continuity Conference, 25th October 2023 in Riyadh - David Boll...
Ltcompsolutions® Product Presentation
1. LTCOMPSOLUTIONS® A product developed specifically for PEOs & SFs
Long Term COMPSOLUTIONS®
A LONG TERM WORKERS’
COMPENSATION SOLUTION FOR
COMPENSATION SOLUTION FOR
PEO’s AND STAFFING FIRMS
2. LTCOMPSOLUTIONS® A product developed specifically for PEOs & SFs
LTCOMPSOLUTIONS®
LTCOMPSOLUTIONS® (LTCS) is a risk management and workers
(LTCS) is a risk management and workers
compensation policy placement product built specifically for the
PEO and Staffing Firm (SF) to participate in a stable underwriting
facility that will provide financial benefits back to the firm on better
y p
than industry loss results.
3. LTCOMPSOLUTIONS® A product developed specifically for PEOs & SFs
LOSS CONTROL IS THE KEY TO SUCCESS IN WORKERS COMPENSATION
• Payroll and Taxes are constant and cannot reflect good management or safe
operations.
• The variable expenses are employee benefits and workers’ compensation.
• Focus on loss control and claims management within the workers compensation
expense component is a key to minimizing expenses.
• LTCS’
LTCS’s success is based on managing workers compensation losses through the
ib d i k ti l th h th
diligence of working with PEOs & SFs to make a safer and more cost effective
workplace.
• The program has been built for like‐minded firms to join the program and is
The program has been built for like minded firms to join the program and is
competitively priced.
4. LTCOMPSOLUTIONS® A product developed specifically for PEOs & SFs
BE A PARNTER IN A LONG TERM COMPENSATION SOLUTION
• LTCS’s program backbone provides services and policy structure that has not been
available until now.
gp p y
•Underwriting protocols and contract compliance enhance better than industry
performance
• PEO & SF operators must have a H.R. specialist and a work comp. administrator
on staff to qualify.
• Risk Management component
o Premium billing per pay period through EFT.
o PEO & SF participates through the reinsurance vehicle.
o Reinsurer can pay underwriting profit to PEO & SF based on performance
5. LTCOMPSOLUTIONS® A product developed specifically for PEOs & SFs
BE A PARTNER– CONT D
BE A PARTNER CONT’D
o Program Service Menu include:
‐ site inspections
‐ worksite loss control services
‐ worksite safety services online and print
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‐ loss mitigation
‐ claims management
‐ communication & online reporting
‐ risk management team building
6. LTCOMPSOLUTIONS® A product developed specifically for PEOs & SFs
RISK ASSESSMENT, SITE SAFETY, COMPLIANCE & INVESTIGATION PARTNER
TO ENHANCE YOUR POSITION WITH YOUR CLIENT EMPLOYERS.
• A risk analysis and implementation of recommendations by LTCS’s Supervisor
Awareness Training (S.A.T.) is required for approval of a co‐employment agreement.
• Utilizing the S.A.T risk management protocols, clients will be able to manage costs
which results in major savings in their Workers Compensation premiums because
which results in major savings in their Workers' Compensation premiums because
they are intimately involved in the management of these costs.
• Once a client is approved, the S.A.T risk management protocols are structured
into the program and the client does not incur any additional expense.
7. LTCOMPSOLUTIONS® A product developed specifically for PEOs & SFs
PREMIUM REDUCTIONS OVER TIME THROUGH
• Positive claim management practices
• Workplace safety programs with documentation
• Employee safety awareness increased online and onsite
• Loss prevention awareness online and at site
• Claim value reduction through return‐to‐work programs
• Litigation management through point of service controls
• Positive claim closing and rehabilitation of workers
• Reduction of experience modification working as partners
• Continual Risk Management Participation to enhance your position
with co‐employers.
8. LTCOMPSOLUTIONS® A product developed specifically for PEOs & SFs
PROGRAM HIGHLIGHTS
• XML/HTML based policy management and Human Resource management
• Real time efficiency of claim data via online tracking
• Issuance and distribution of certificates of insurance via online portal
Issuance and distribution of certificates of insurance via online portal
• Issuance of Multiple Coordinated Policies for PEO and single policy for
staffing sharing same collateral
• Guaranteed Premium Policy issuance so co‐employers are not taking on
risk of deductible programs
•Coverage available in all states
• Program designed for non‐public owned middle market accounts
• Interstate, A – rated carrier
• Reinsurance participation can lower overall costs of insurance
9. LTCOMPSOLUTIONS® A product developed specifically for PEOs & SFs
AVANT INSURANCE MANAGERS, INC. (A.I.M)
M.G.A. & MARKETING ARM FOR
LTCompSolutions ®
• A.I.M’s marketing arm identifies potential PEO & SF
g p
• A.I.M facilitates S.A.T audit and safety programs
• A.I.M underwrites and issues a quote
• Policy can be issued for temp. staffing and PEO under same structure
y f p ff g
•A.I.M issues policy and authorizes PEO to enroll new employers
• Broker representation or internal insurance agency commission negotiable
10. LTCOMPSOLUTIONS® A product developed specifically for PEOs & SFs
P.R.C. CONSULTING – RISK MANAGEMENT ARM OF
LTCompSolutions ®
C S
• P.R.C. performs the S.A.T audit
• P.R.C. will issue an approval or recommendations outline
• If recommendations are outlined, they must be implemented for review
and approval by P.R.C.
• P.R.C. partners with the PEO & SF for continual participation in reducing
hh f l d
risk through established protocols
11. LTCOMPSOLUTIONS® A product developed specifically for PEOs & SFs
PEO CLIENT & SF PORTFOLIO: INDUSTRY CLASSES OF INTEREST
• Manufacturing: Most light Manufacturing operations. No Steel Mills or
Grinding Operations
• Medical and Health: Home Health Care operations excluded
Medical and Health: Home Health Care operations excluded
• Contracting: Artisan and Commercial Contracting; Hazard Class IV
considered, No General Contractors
• Mercantile: No Pawn Shops or 24 hours Convenience Stores
• H it lit N B di H
Hospitality: No Boarding Houses; must have at least 20 employees
th t l t 20 l
• Restaurants: No Bars or Taverns; food sales can be no less than 33% of
gross receipts
• Warehousing & Logistics: No Independent Drivers, No Hazardous
Chemicals
Ch i l
* Exceptions to exclusions are examined on a per client and case basis
12. LTCOMPSOLUTIONS® A product developed specifically for PEOs & SFs
GENERAL UNDERWRITING CRITERIA
• Must have been in business for three years
Must have been in business for three years
• Must have either a Bureau or NCCI loss report for the previous two years
• Experience Modification can be no less than .65 or greater than 1.4
• Losses exceeding $25,000 in current or previous policy periods must have
detailed explanation of loss and what precautions have been put in place to
d ld l fl dh h b l
prevent another loss
• No lapse in coverage in the last 3 years
• No cancellations for non‐payment
• Height exposure cannot exceed 15ft without certified safety program
• Annual turnover cannot exceed 20% verified by W‐2 report
•Must be a balanced book of clients
• No USL &H
No USL &H
• No “F” Class employees
13. LTCOMPSOLUTIONS® A product developed specifically for PEOs & SFs
BASIC CRITERIA FOR EMPLOYER CLIENTS OF APPROVED PEO’s
• Annual Employee Turn‐over cannot exceed 20%
• Minimum of ten employees in Governing Class
• Governing Class minimum premium of $10,000.
• Formal Written Safety Program
• Acceptable Site Risk Survey
• Return to work/light duty Policy
• Schedule of owned/non‐owned Vehicles
• Radius of Operations
• Fleet Safety Program
14. LTCOMPSOLUTIONS® A product developed specifically for PEOs & SFs
SUBMISSION REQUIREMENTS FOR PEO’s & SF’s $1,000,000 +
• ACORD Application completed and signed
• NCCI ERM‐14 completed and signed
• 3 years currently valued, hard copy loss runs dated within 30 days of
submission
• Description of Operations
• Supplemental Application
• Facility Safety Checklist completed and signed by agent and insured
• Last 3 years Financials either audited or reviewed
l h dd d
• Resume of Principals and Key Management
• Brochure of Services
• Copy of Client Service Agreement
py g
• Copy of Client Members’ Health Insurance
15. LTCOMPSOLUTIONS® A product developed specifically for PEOs & SFs
SUBMISSION REQUIREMENTS FOR PEO’s & SF’s $2,000,000 +
ADDITIONAL REQUIREMENTS
• 3‐5 years of audited gross Payroll
• Resume of full time loss control and claim administrator
• ESAC Certification or Certified Workers Compensation Best Practices
Designation
• State License, if state requirement
• Client List including address for each location of operations
• Client List by state, by class code and payroll
• Total losses paid plus reserves cannot exceed 56% of total premium, 3
year average
16. LTCOMPSOLUTIONS® A product developed specifically for PEOs & SFs
LTCompSolutions ®
Avant Insurance Managers Inc
Managers, Inc.
Jesse Gutierrez, Marketing Director
222 N. Sepulveda Blvd
Suite 2175
El Segundo CA. 90245
CA
Tel 310-322-1732
Cell 310-345-2574
Fax 310-322-2361
jgutierrez@avantmanagers.com
jgutierrez@avantmanagers com