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PEO Trucept Regroups After Losing Comp Coverage

Friday, December 29, 2017 | 1059 | 0 | 1 min read

Professional employer organization Trucept Inc. is changing its business model and is now serving as the marketing arm of several national PEOs. The move comes after Trucept lost its workers’ compensation coverage from Guarantee Insurance Co., which was declared insolvent and is being liquidated by the Florida Department of Financial Services. Under the new business model, Trucept will facilitate sales for other PEOs and spin off its payroll team while retaining its customer service platform. Current Trucept clients will continue to work with the customer service associates t...

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