by Frank Huang | June 30, 2023 Originally published in PEO Insider (June/July 2023). Reproduced with permission of the National Association of Professional Employer Organizations. If you asked someone in the PEO space what he or she thought of actuarial science a positive response might be reserve analyses or accruals. A negative response might be … Continue reading Client-Level Financial Analysis
by Frank Huang | April 17, 2022 Originally published in PEO Insider (April 2023). Reproduced with permission of the National Association of Professional Employer Organizations. Key performance indicator dashboards instantly produce either awe or fear when brought up in conversation, and for good reason. They can be seen as straightforward, objective models that can do … Continue reading Avoiding Roadblocks: Creating Ideal Risk Management Dashboards
by Frank Huang | November 10, 2022 Originally published in PEO Insider (November 2022). Reproduced with permission of the National Association of Professional Employer Organizations. PEOs that serve clients across all industries face the same conundrum when it comes to prospective clients – how do you estimate and manage costs for prospective clients when there … Continue reading Filling In The Data Gap
by Frank Huang | August 15, 2022 Originally published in PEO Insider (August 2022). Reproduced with permission of the National Association of Professional Employer Organizations. While walking one day I ran into a neighbor doing yard work. We hadn’t spoken much before, but upon striking up conversation I soon learned of his love of woodworking. … Continue reading Workers’ Comp Reserves: Finding the Right Number
by Frank Huang | April 2022 Originally published in PEO Insider (April 2022). Reproduced with permission of the National Association of Professional Employer Organizations. One of the trends over the last 12 to 24 months has been the hardening employment practices liability insurance (EPLI) market. Companies that may be accustomed to focusing on workers’ compensation … Continue reading The State of the Employment Practices Liability Insurance Market
Our own Frank Huang joins with Hank Johnson, director of risk management for Nextep, to discuss the role of the PEO risk manager and his or her importance to the organization’s risk mitigation and strategy at NAPEO’s Webinar, “The Role of the PEO Risk Manager” on March 16 at 2:00 EDT. Topics that will be … Continue reading Frank Huang Discusses Role of the PEO Risk Manager
by Frank Huang & Jeff Adcock | December 3, 2021 Discontent related to the collateral requirements from large deductible and other alternative risk programs are felt by both the insured company and the insurance company. In the first article, we suggested ways for the insured to minimize such discontent, and we did the same for … Continue reading Constructive Collateral Conversations Part 3: How to Help Both Insureds and Insurers Simultaneously
by Frank Huang & Jeff Adcock | December 3, 2021 As introduced in our first blog in this series, collateral requirements for large deductible and other alternative programs can be a source of frustration for both sides of the transaction. Although it can seem like the insured experiences the larger portion of dissatisfaction, there are … Continue reading Constructive Collateral Conversations Part 2: Insurance Company Pain Points
by Frank Huang & Jeff Adcock | December 3, 2021 The quote “in this world, nothing can be said to be certain except death and taxes” has been attributed to Ben Franklin at times. Collateral requirements can be added to death and taxes as well for many types of workers’ compensation insurance programs, most notably … Continue reading Constructive Collateral Conversations Part 1: Insured Company Pain Points
by Frank Huang and Daniel McHenry | November 23, 2021 Originally published in PEO Insider (November 2021). Reproduced with permission of the National Association of Professional Employer Organizations. Investors interested in the PEO industry commonly want an overview of the risks facing PEOs. While it is impossible to cover every material risk for every possible … Continue reading Minimizing Risk for PEO Investors