The Wilshire Group Reaches $150 Million in Premiums — Company on Track to Become One of the Largest Insurance Agencies in the Northeast

Edison, NJ (June 6, 2006) – CheckPoint HR, LLC, an innovator and leading Administrative Service Organization (ASO) that offers small- to mid-size organizations a single source for human resources, payroll services and benefits solutions, today announced that its insurance subsidiary, The Wilshire Group, has reached the $150 million premiums milestone. This achievement positions the company as one of the largest insurance agencies in the Northeast.

“When some of the biggest carriers designate you with ‘Platinum’ status, you know that you have arrived as a trusted and valued insurance partner,” said Tim Padva, president of CheckPoint HR. “Managing payroll and human resources operations along with benefits administration can be a daunting task for growing businesses. We offer the best of both worlds by providing an end-to-end technology platform that combines HR and benefits solutions under one roof, significantly reducing costs and enabling organizations to offer better services to employees.”

According to Padva, The Wilshire Group offers its customers benefits procurement backed by a sales team of licensed insurance brokers. The company’s agents offer customers the best plans and rates based on their unique insurance needs.

The Wilshire Group offers a broad range of group insurance solutions representing leading carriers such as Guardian, UnitedHealthcare, Cigna, Oxford, Aetna and others.

“As a licensed broker offering several different carriers, we have the capability to provide clients a full array of benefits programs that fit their specific HR requirements,” explained Mr. Padva. “Coupled with CheckPoint HR’s centralized platform, organizations of all sizes can realize time and cost efficiencies, and further automate HR operations.”

Carriers such as Guardian have played a pivotal role in helping The Wilshire Group reach the $150 million premiums milestone due to a collaborative relationship that has been mutually beneficial. “The quality of their submissions and prospects allows me, as a carrier representative, to provide a package of benefits with pinpoint accuracy that addresses the individual needs of their clients,” said Duncan Bethune, Sales Representative, Guardian Life Insurance Company of America. “The Wilshire Group salespeople have done a commendable job of identifying client concerns so we can customize our plans accordingly.”

About CheckPoint HR
Since 2001, CheckPoint HR, based in Edison, New Jersey, has helped small- to mid-size organizations automate all aspects of their human resource operations. As a leading Administrative Service Organization (ASO), CheckPoint HR’s innovative Web-based Human Resource Management System (HRMS) technology platform offers an affordable, comprehensive solution to manage benefits administration and payroll services, as well as other business-critical human resources processes. This allows small- mid-market organizations to deliver world-class services to its employees, reduce costs, and improve operational efficiencies. Clients include such names as The American Stock Exchange (Amex), Kara Homes, Starwood Capital, Aculabs, LaBranche Financial Services, and Quintum Technologies. Further completing its HR management solutions, CheckPoint HR boasts one of the largest insurance agencies in the Northeast through The Wilshire Group, its wholly owned subsidiary that offers its customers benefits procurement backed by a sales team of licensed insurance brokers. For more information on CheckPoint HR, please visit www.checkpointhr.com or call 800.385.0331.


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Copyright © 2006 CheckPoint HR, LLC. All rights reserved.

Industry keywords: Human Resources, HR Outsourcing, Payroll Services, HRIS, HRMS, Administrative Service Organization (ASO), Benefits Administration