April 28, 2014
CoAdvantage Corporation, a leading provider of strategic human resource solutions for small to mid-sized companies, announced Zurich in North America as the new national underwriter for CoAdvantage workers’ compensation coverage.
The new program, which took effect April 1, provides CoAdvantage clients with superior workers’ compensation services. Zurich is rated A+ by credit rating organization A.M. Best.
“Zurich is a global insurance provider with high appraisal in the industry,” said Mike Maseda, CoAdvantage’s chief executive officer. “This new relationship further reinforces the value we provide employers and employees and marks a significant step forward as CoAdvantage expands nationally.”
The new engagement is part of several strategic moves aimed toward bringing CoAdvantage’s industry-leading customer service to businesses nationwide. In February 2014 CoAdvantage acquired Colorado-based Discovery Outsourcing, LLC and New Jersey-based Compensation Solutions. Both acquisitions strengthen the company’s position in key geographic markets.
CoAdvantage, a portfolio company of New York-based private equity firm CIP Capital, serves over 45,000 worksite employees in all 50 states, combining the resources of a national provider with a local focus delivery.
About CoAdvantage
CoAdvantage is a leading Professional Employer Organization (PEO) that offers small and mid-sized businesses a comprehensive package of human resource solutions, enabling them to reduce their administrative burden and access affordable employee benefits. The company integrates payroll and tax processing, employee benefit plan administration, risk management, government compliance, and other human resources services into a single-vendor solution that is exceptionally efficient and effective. To learn more, visit www.coadvantage.com.