Many insurance agents lose valuable contractor accounts because traditional workers’ compensation markets decline coverage, reject renewals, or avoid high-risk industries altogether.
Paycorp helps agencies keep those opportunities alive through a contractor-focused PEO solution designed to support difficult-to-place contractor accounts.
You keep the client relationship. We help provide the solution.
Help contractors secure solutions when traditional workers' compensation markets say no.
Stronger Commissions
Generate more revenue from contractor accounts while expanding your book of business.
Flexible Engagement
Stay involved throughout the process or simply refer the opportunity and let our team handle the rest.
Residual Income
Earn ongoing commissions for the life of the account.
The Problem: Why Contractor Accounts Get Declined
Contractor businesses face unique workers’ compensation challenges that often make them difficult to place through traditional insurance markets.
Common issues include:
Renewal rejections
High MOD scores
Roofing and high-risk trade classifications
Limited carrier appetite
Workers' compensation audit concerns
Small contractor accounts with limited profitability
When a contractor can’t find coverage, agencies often lose more than a policy. They lose a client.
The Paycorp Difference
Paycorp was built to help agencies support contractor businesses that traditional markets often avoid.
No Audits
Our PEO model helps eliminate many of the audit challenges commonly associated with traditional workers’ compensation policies.
Contractor Specialists
We understand the unique challenges faced by roofing companies, general contractors, electricians, plumbers, painters, framers, and other trades.
Dedicated Support
Every opportunity is supported by a team experienced in contractor payroll, workers’ compensation, HR, and compliance.
Faster Solutions
Help contractors move forward without the delays often associated with traditional placement options.
Contractor Industries We Commonly Support
General and Remodeling Contractors
Roofing Contractors
Electrical Contractors
Painting Contractors
Plumbing Contractors
Framing Contractors
Masonry Contractors
Manufacturing & Fabrication
Staffing Companies
Logistics & Warehousing
If your client struggles to obtain workers’ compensation coverage, Paycorp may be able to help.
Paycorp partners
How the Partnership Works
Option 1: Stay Involved
For agents who want to remain active throughout the process:
Become a Paycorp partner.
Submit a contractor opportunity.
Review quote options.
Support the client relationship.
Earn ongoing commissions.
Option 2: Refer and Relax
Prefer a hands-off approach? Simply send us the opportunity.
Our team can:
Qualify the prospect.
Prepare quotes.
Handle underwriting.
Manage onboarding.
Support implementation.
You still earn residual commissions while we handle the operational work.
FAQ
Frequently Asked Questions
What is Paycorp's PEO Partnership Program?
Paycorp’s PEO Partnership Program helps insurance agents place contractor accounts through a contractor-focused PEO solution that combines workers’ compensation, payroll, HR support, and compliance services.
How do insurance agents earn commissions with Paycorp?
Partner agencies earn commissions on qualified accounts and may continue earning residual income throughout the life of the client relationship.
Do I keep my client relationship?
Yes. You remain the trusted advisor while Paycorp provides operational support and PEO services.
What types of contractor accounts are a good fit?
Roofing companies, general contractors, electricians, plumbers, painters, framers, remodelers, staffing companies, manufacturers, and other employers with workers’ compensation challenges.
Why are some contractor accounts declined by traditional markets?
Many contractor accounts are declined because of trade classification, claims history, MOD scores, audit concerns, or carrier appetite restrictions.
Why do insurance agents partner with a PEO?
A PEO can help agents provide solutions for difficult-to-place accounts, improve approval opportunities, strengthen client retention, and generate additional recurring revenue.
Stop sending contractor opportunities away. Help more clients get approved. Generate stronger commissions.