Insurers SUNZ, Cimmaron to Offer Standalone Workers’ Comp Program to PEOs
SUNZ Insurance Solutions, LLC has formed a partnership with Cimarron Insurance Co. to utilize Cimarron’s Cover One and Cover Two workers’ compensation products. The new partnership provides workers’ compensation insurance options to SUNZ policyholders who have PEO clients who do not qualify for coverage under the master policy.
Cover One is a single employee owner (SEOE) workers’ compensation insurance program and Cover Two is designed for use with single owner-operator trucking firms.
Blake Souers, SUNZ chief underwriting officer, said the product will give policyholders an option for small businesses and bring more value to their client companies by providing coverage to sole proprietors outside the master policy.
This program is specifically designed to address those sole proprietor businesses needing to provide a workers’ compensation insurance certificate to win contracts and comply with insurance requirements while reducing audit issues. Cimarron Insurance Company is an admitted property and casualty insurance company in 31 states, according to Paul Halter, president of Cimarron Insurance Company.
SUNZ Insurance is a national provider of large deductible workers’ compensation insurance and insurance services to professional employer organizations, staffing companies and large employers. It designs and administers custom workers’ compensation insurance programs and provides loss control, claims administration, cost containment and subrogation services.
Cimarron is a group of insurance and risk management companies specializing in providing individual business owners, owner operators and other small business owners an array of insurance, risk management and risk financing options.