41: Escaping The Assigned Risk Plan
Your Assigned Risk Plan Exit Strategy. In the last episode we learned about the residual market and the Assigned Risk Plan. This is the insurance market where companies who can’t find an insurance company to sell them a policy end up. The premiums are significantly higher in the residual market, making it difficult for you to compete…
About the author, Thomas
I have 20 of years insurance industry experience in C-level management, focusing on all aspects of workers compensation, risk management, loss control, employee benefits, HR, payroll and professional employer organization (“PEO”) operations. Currently, I am the owner and CEO of Humanly HR, and founder and host of SmallBiz Brainiac; a podcast providing employer intelligence to small business owners.