Outsourcing Group Brining Workers Comp Insurance to Clients

January 15, 2003 (PLANSPONSOR.com) - The Outsource Group (TOG) announced an agreement with American International Group Inc (AIG) to bring workers' compensation insurance coverage to TOG's clients.

The workers’ compensation coverage is being offered as an enhancement to TOG’s suite of “top shelf” employee benefits and insurance products for small and mid-sized businesses.   AIG will act as the underwriter for the coverage in addition to its role in administration, compliance, reporting and processing of claims.

TOG estimates the alliance would be able to provide workers’ compensation coverage in its first year to an estimated payroll of about $350 million among TOG’s client base.