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Category: Program Placement

What is the 15k Program? How Does it Work?

By Spooner Incorporated
January 15, 2019 Category: 15k Program, Program Placement

Spooner Inc., has partnered with Virteom to engage our customers and users in our services and how we help business owners save money in the long run. In our video series, Jacqui and Joe talk about what Spooner Inc. does to save you money and how it all works. Today were talking about the 15k program and how it can save you money. Watch or read the transcription below! What is the 15k program? The 15k program is a great program that the bureau rolls out. It is another way for a company to potentially mitigate their risk on a claim. When we say that, we mentioned in another video, that there are safe driver claims (watch here) and those claims stick with you for four or five years down the road. That impact can be more significant than what the bureau actually pays for. The 15k program is for group rated employers who are safe drivers. If employers have employees with a clean driving record, they can choose to keep themwithin the 15K program and pay per dollar on the coin. If somebody

The Importance of Proper Program Placement – Group Rating Vs. Group Retro Program

By Spooner Inc.
December 14, 2018 Category: Group Retro, Program Placement

Spooner Inc., has partnered with Virteom to engage our customers and users about our services and the technology behind the scenes. In our video series, Jacqui and Joe talk about what Spooner Inc., does and how it all works! This video is all about our program placement and getting the best placement for customers. Watch or read the transcription below! What is Spooners Program Placement? Everything has to start with an AC3 form which is a temporary authorization, it allows us to give a company quote. Theres no obligation or cost to it, but once we have that were able to take a screenshot of a companys history and then see whats a good fit for them. There are two main programs that exist. The first is our group rating, this is an upfront discount. Its like youre safe drivers discount. Essentially, if you have not received any speeding tickets in a while, well give you a little bit of a cheaper rate. What is the Group Retrospective Program? Group retro is when youve had a couple of

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Workers\' Compensation (1)
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