For the third year in a row, Stratus.hr has been named by Utah Business Magazine as a Best Company to Work For in 2021.
Stratus.hr Announces P&C Expansion of Brokerage, Stratus Agency
Stratus.hr announces the expansion of Stratus Agency, an independent insurance agency, to include a holistic approach to insurance offerings.
Sandy, Utah, October 25, 2021 – Stratus.hr, the premiere PEO for human resources outsourcing in the Intermountain West, is excited to announce the expansion of Stratus Agency, an independent insurance agency. “For years, we’ve had clients request a more holistic approach to our insurance offerings, specifically regarding property and casualty lines,” said John Farnsworth, co-owner and CEO of both Stratus.hr and Stratus Agency. “You have no idea how thrilled I am to provide this arm of our services! And its independence now allows Stratus Agency to procure commercial insurance for anybody, regardless of their affiliation with Stratus.hr.”
Stratus Agency has long been in the background procuring incredible benefits packages to give Stratus.hr clients a competitive advantage for recruiting and retention. “We saved our clients over $1 million on our health plan alone this year,” said Farnsworth. But until recently, the Agency was uniquely tied to Stratus.hr and has had to rely on outside agencies to offer clients property and casualty insurance. “Now we’re taking our services to the next level with products such as EPLI, General Liability, Professional Liability, Property and Commercial Auto to provide complete business coverage.”
While its independence and expansion add more business-writing opportunities for non-clients of Stratus.hr, companies that partner with both Stratus Agency as their brokerage and Stratus.hr as their HR outsourcing provider will discover advantages unique to other businesses. “Instead of managing multiple broker relationships, Stratus Agency will help clients fill coverage gaps, find areas of double coverage that can be eliminated, and simplify renewal and cert requests --- all in a one-stop-shop,” explains Farnsworth. “Not only will clients have access to robust benefits packages that are second to none, but they’ll also get total business protection from a service team that knows their company better than any other agency in the market.”
Staffed with certified talent that has decades of P&C experience, Stratus Agency is ready to give businesses an enviable client experience with unparalleled customer service. It does, however, have a targeted audience in mind. “Any organization with the shared mindset that employees are their company’s most valuable assets is encouraged to contact Stratus Agency,” advised Farnsworth.
Stratus.hr® is headquartered in Sandy, Utah, and offers an alternative to a full-time HR department at a lower cost, solving problems in the areas of payroll, benefits administration, human resources, workers’ comp, and HR software. When companies partner with Stratus.hr, they increase their profitability, maximize employee productivity, save time spent on transactional HR, reduce employment-related liability, and ultimately lower their labor costs.
Having won recent awards that include Best Companies to Work For, Utah’s Top Workplaces, Salt City Best, and Best Business Consultants, Stratus.hr has developed an impressive reputation as a great place to work. Add to that a Net Promoter Score (NPS) of 67.6 when the industry average NPS is 41, Stratus.hr also has an enviably high rate of customer satisfaction.
Learn more at https://stratus.hr.
About Stratus Agency
Stratus Agency is an independent brokerage dedicated to creating rich benefits packages for employees and total business protection for the companies that employ them. As the brainchild of John and Michelyn Farnsworth, Stratus Agency offers a more comprehensive array of products for Stratus.hr’s PEO and ASO client base. Stratus Agency also services companies outside of the PEO/ASO partnership.
In addition to employee benefits (health, dental, life, vision, FSA, supplemental plans, 401K), Stratus Agency also offers workers’ comp, general liability, property and casualty, commercial auto, officer liability, and cybercrime protection for your business.