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Risk Management as a Profit Center Progressive PEOs know that effective risk management programs can help attract new clients, retain existing clients, and provide profitable results. Praxiom Risk Management is comprised of seasoned risk management, safety, and claims professionals with a track record of “best in class” results within the PEO and Staffing industries. Praxiom’s Unique Value to PEOs Experienced PEO Risk Managers . We have built and run a highly successful PEO risk management platform from the inside out. We know how to assist you strategically and tactically in the design and operation of your risk management platform. Recognized industry expertise . We participated in the formation of the Workers Compensation Certification Institute for PEOs, the development of PEO risk management best practices, and remain active on the Advisory Board. Consulting Expertise . Consulting services range from risk management program design through fully outsourced risk management solutions (underwriting, data management, risk control, claims oversight). We use our own, PEO experienced colleagues to provide services. We have worked with a full range of PEO platforms from initial startup through fully mature, nationwide programs. Workers Compensation insurance program design and placement . We have experience in both fully insured (guaranteed cost) and loss sensitive (deductible, retro) program design and placement. We have relationships with each of the leading PEO workers compensation insurance carriers in today’s market. Measurable Results . We help our clients determine what they wish to achieve, then the tactics and metrics to ensure the proper outcomes. Risk Management For Professional Employer Organizations Praxiom Risk Management LLC 809 East Bloomingdale Avenue, #300 Brandon, FL 33511 Phone: 888.350.7729 Fax: 813.856.4748 www.praxiomrm.com © 2010 Praxiom Risk Management LLC Praxiom Risk Management is a Certified Risk Management and Certified Safety Professional firm. 7/10 Risk Management Safety Consulting • Claims Management Insurance Placement Attract New Clients Select risk with greater confidence Build a RM platform that complements your sales strategy Create a service differentiator at point of sale Retain Existing Clients Provide value that increases client loyalty Use pricing flexibility provided by WC profit Protect Your Margins Drive predictable, sustainable financial results for your Workers Compensation program Develop key metrics and audit systems Use the right Workers Compensation financial structure to retain revenue and increase profit

PEO Risk Management

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Make your PEO's Risk Management department a profit center. Praxiom Risk Management was born out of a successful PEO risk management department and now offers their services to all PEOs. Whether you're looking to outsource everything from underwriting, loss control, claims management, and statistical reporting, or scale it back and focus solely on insurance placement, Praxiom is a consulting firm and agency dedicated to the PEO industry.

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Page 1: PEO Risk Management

Risk Management as a Profit Center 

Progressive PEOs know  that effective risk management programs can help attract new clients, 

retain existing clients, and provide profitable results. 

Praxiom Risk Management  is comprised of seasoned risk management, safety, and claims pro‐

fessionals with a track record of “best in class” results within the PEO and Staffing industries.   

Praxiom’s Unique Value to PEOs 

Experienced PEO Risk Managers.  We have built and run a highly successful PEO risk man‐agement platform from the inside out.  We know how to assist you strategically and tactically in the design and operation of your risk management platform. 

Recognized industry expertise.  We participated in the formation of the Workers Compen‐sation Certification Institute for PEOs, the development of PEO risk management best practices, and remain active on the Advisory Board. 

Consulting Expertise.  Consulting services range from risk management program design through  fully outsourced risk management solutions (underwriting, data manage‐ment, risk control, claims oversight).  We use our own, PEO experienced colleagues to provide services.  We have worked with a full range of PEO platforms from initial startup through fully mature, nationwide programs. 

Workers Compensation insurance program design and placement.  We have experience in both fully insured (guaranteed cost) and loss sensitive (deductible, retro) program design and placement.  We have relationships with each of the leading PEO workers compensation insurance carriers in today’s market. 

Measurable Results.  We help our clients determine what they wish to achieve, then the tactics and metrics to ensure the proper outcomes. 

Risk Management For 

Professional Employer 

Organizations  

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Praxiom Risk Management LLC 

809 East Bloomingdale Avenue, #300 

Brandon, FL 33511 

 

 

 

 

 

Phone: 888.350.7729 

Fax: 813.856.4748 

 

www.praxiom‐rm.com 

 

    ©  2010  Prax iom  R i s k  Management   L LC  

P rax iom  R i s k  Management   i s  a  Cer t i f i ed  R i s k  Management  and  Cer t i f i ed  Sa fe ty  Pro fe ss iona l   f i rm .            7/10  

   R i s k  Management   •  Sa fe ty  Consu l t i ng  •  C la ims  Management   • I n su rance  P lacement  

 

Attract New Clients 

• Select risk with greater confidence 

• Build a RM platform that complements 

your sales strategy 

• Create a service differentiator at point of 

sale 

Retain Existing Clients 

• Provide value that increases client  loyalty 

• Use pricing flexibility provided by WC 

profit 

Protect Your Margins 

• Drive predictable, sustainable financial 

results for your Workers Compensation 

program 

• Develop key metrics and audit systems 

• Use the right Workers Compensation fi‐

nancial structure to retain revenue and 

increase profit 

Page 2: PEO Risk Management

    ©  2010  Prax iom  R i s k  Management   L LC  

P rax iom  R i s k  Management   i s  a  Cer t i f i ed  R i s k  Management  and  Cer t i f i ed  Sa fe ty  Pro fe ss iona l   f i rm .            7/10  

   R i s k  Management   •  Sa fe ty  Consu l t i ng  •  C la ims  Management   • I n su rance  P lacement  

 

Risk Management 

For 

Professional Employer 

Organizations  

 

 

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Praxiom Risk Management LLC 

809 East Bloomingdale Avenue, #300 

Brandon, FL 33511 

 

 

 

 

 

Phone: 888.350.7729 

Fax: 813.856.4748 

 

www.praxiom‐rm.com 

 

Continuous Process 

Below are some of the processes, reports and tangible results our clients have come to expect.  

It  is  this  commitment  to  results,  clarity, and accountability  that   has positioned Praxiom as  a 

leader in the  field of Risk Management for PEOs. 

 

Leadership and Accountability 

• Benchmark analysis of industry best practices defined by the Certification Institute for PEOs 

• Risk Management  Maturity Grid 

 

Client Selection and Administrative Support 

• Defined underwriting guidelines 

• External carrier process commitments 

• Internal risk management action plan  

 

Data Management 

 

Loss Control and Claims Management 

• Dedicated field Loss Control Engineers 

• Dedicated Claims Managers 

• Monthly Profitability Report 

• Operations “Dashboard” Report 

• Policy Administration Report 

• Causation Reports 

• Client Watch Lists 

• Frequency/Severity stats 

• Experience Mod analysis 

• Client Benchmarking