SCI COMPANIES RENEWS WORKERS’ COMPENSATION POLICY WITH ZURICH
March 02, 2005 (PRLEAP.COM) Business News
TAMPA, Fla., Feb. 28, 2005 - SCI, a national leading Professional Employer Organization (PEO), announced today that it has renewed its agreement with top-rated insurance carrier Zurich, North America to provide workers’ compensation coverage for its client company employees effective March 1, 2005, through February 28, 2006. “Our renewal with Zurich, once again, reflects the continued strength of SCI as a leading provider of PEO outsourcing services in the marketplace,” said J.C. Dominguez, president, SCI. “We continue to improve our performance and refine our processes to exceed customer expectations. Working with the best companies in the market will allow us to extend the best products and services to our clients; Zurich is just one example of that.”
SCI reduced the frequency of workers’ compensation claims by 10% in 2004 compared to 2003 and maintained an impressive average of 95% in claim closure rate over the past five years. The success of SCI’s workers’ compensation program is a result of working closely with clients and Zurich to resolve workers’ compensation claim issues and increase workplace safety awareness. SCI has helped thousands of clients implement risk management practices over the past twenty years.
What is a PEO?
Professional employer organizations (PEOs) enable clients to cost-effectively outsource the management of human resources, employee benefits, payroll and workers' compensation. PEO clients focus on their core competencies to maintain and grow their bottom line. For free quotes on HR outsourcing, email SCI at info@scicompanies.com.
About SCI Companies
The SCI Companies (SCI) Inc. is a “Best in Class” provider of HR outsourcing, specializes in payroll, human resources, benefits and workers compensation administration. Founded in 1985, Tampa-based SCI is one of the largest privately held Professional Employment Organizations (PEOs) serving more than 600 clients nationwide. For more information, visit http://www.scicompanies.com.
About Zurich Financial Services
Zurich Financial Services (www.zurich.com) is an insurance-based financial services provider with a global network that focuses its activities on its key markets in North America and Europe. Founded in 1872, Zurich is headquartered in Zurich, Switzerland. Through its offices in more than 50 countries, 57,000 Zurich employees serve clients in more than 120 countries. In North America, Zurich (www.zurichna.com) is a leading commercial property-casualty insurance provider serving the global corporate, large corporate, middle market, small business (not offered in Canada), specialties and programs sectors.
The Zurich American Insurance Company pool of companies is rated A (excellent) by A.M. Best and A+ (strong) by Standard & Poor’s.