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Article: Agency-run PEO poised to expand;Industry ripe for `tremendous growth': Exec.
- Article from:
- Business Insurance
- Article date:
- December 6, 1999
- Author:
CopyrightCOPYRIGHT 1999 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Not content to sit back and watch professional employer organizations steal workers comp and health care commissions away from his agency, Chuck Davis decided that he'd try to beat them at their own game.
So, in 1997, the chairman and chief executive officer of Tampa, Fla.-based DavisBaldwin Inc. organized a group of leading independent agencies in Florida and sought out a partnership between the agency partners and one of the top five PEOs in the country.
Most large PEOs offer payroll and tax administration, health care and related benefits, retirement plans, workers compensation coverage and human resources management to small and medium-sized ...