Alternative Risk Solutions
Often clients are seeking an opportunity to take greater control of their workers’
compensation program by sharing the risks and rewards with Guarantee. For others,
they are looking for alternative risk solutions after experiencing premium volatility
year after year, or finding it increasingly difficult to find competitive workers’
compensation coverage for their business. Guarantee offers creative, customized
solutions to help businesses address these challenges.
Captives & Rent-a-Captives
- Investment income
- Underwriting profit
- Managed care discounts & savings
- Claims & loss control program customization
Large Deductible Plans & Retros
- Reduced upfront costs
- Greater potential for savings
- Greater cash flow
- Greater control over claims & loss control
Guaranteed Cost Solutions
Guarantee offers a variety of guaranteed cost solutions to fit clients' needs.
- Dividend Plans
- Scheduled Credits
- Small Deductible Plans
Premium Payment Solutions
Guarantee has the workers’ compensation expertise to provide a range of solutions.
Our Small Business Solutions offer premium payment plans that respond to the cash
flow challenges many small businesses face.
Pay As You Go.
Pay As You Go program works with your payroll partners to calculate and collect
your workers’ compensation premium electronically using real payroll data. What’s
more, because it’s based on the exact payroll amount, you’re not paying more than
what is due.
Improved Cash Flow. Eliminate large premium deposits
and pay premium each time you process payroll.
Greater Convenience. Eliminate the paperwork and administrative
burden. Guarantee and your payroll partners work together to calculate and collect
your premium electronically so there are no checks to write or forms for you to
complete.
Increased Accuracy. Eliminate the guesswork. Because
premium is based on actual payroll data and not estimates, you reduce the risk of
overpaying or underpaying premium, which can result in a large year-end audit adjustment.
Monthly Self Reporting.
For business owners who prefer to manage the process, Guarantee provides Monthly
Self Reporting that allows you to report and calculate premium on one simple form.
The convenient program offers 12 payments low deposits making it easier on you and
your cash flow.