The journey of PrestigePEO from its broker-founded origins to becoming a top-ranked Professional Employer Organization, delivering unmatched support and benefits for brokers and clients
Are you searching for a trusted partner to help your clients access competitive employee benefits and streamlined HR solutions? As a broker, you face constant challenges in protecting your book of business, building strong client relationships, and offering unique value in a crowded market. PrestigePEO understands these hurdles because we were founded by brokers, for brokers.
In this article, we’ll explore PrestigePEO’s journey from its inception to becoming one of the nation’s top-ranked Professional Employer Organizations (PEOs). You’ll learn how our broker-focused approach, tailored services, and steadfast commitment to supporting your business can help you stand out and succeed.
Here’s what you’ll take away:
- How PrestigePEO’s broker-founded roots influence our partnerships.
- The unique protections and benefits we offer to brokers, including policies like never accepting Broker of Record (BOR) letters.
- A closer look at the achievements and growth that set PrestigePEO apart in the PEO industry.
- How our comprehensive HR and employee benefits services support your clients.
Whether you’re an experienced broker or new to the PEO model, this article will provide valuable insights to strengthen your client relationships and drive your success. Let’s get started.
How SECURE 2.0 Helps Employers Maximize Savings
In 1998, Andrew Lubash, an agency owner and insurance broker, co-founded PrestigePEO with a clear mission: to address the significant gaps small and medium-sized businesses (SMBs) faced in accessing employee benefits and managing human resources (HR). Recognizing that many SMBs struggled to find comprehensive and affordable solutions, Lubash saw an opportunity to create a PEO that would bridge this divide.
His vision for PrestigePEO was to deliver and provide access to premium employee benefits, empowering small and medium-sized businesses (SMBs) to compete more effectively for top-tier talent. By offering employee benefits typically reserved for larger corporations, PrestigePEO opened new opportunities for SMBs to attract and retain the best employees.
Recognizing that SMBs also face significant challenges in managing HR responsibilities, compliance requirements, payroll, and other administrative burdens, he expanded PrestigePEO’s offerings to include comprehensive HR solutions. These services were designed to streamline operations and provide businesses with the support they need to focus on growth.
With decades of industry expertise and a vast network of professional connections, Lubash built a team of seasoned specialists in employee benefits, HR, payroll, compliance, tax, accounting, and legal services. This multidisciplinary team equips SMBs with the tools and resources to simplify operations, navigate complex regulations, and protect their business interests.
By combining access to premium employee benefits with tailored HR services, PrestigePEO creates a platform for sustainable growth and long-term success. In addition, PrestigePEO remains dedicated to protecting broker-client relationships with unwavering transparency and trust.
PrestigePEO: A legacy of growth and achievement
What started as a small operation in Woodbury, NY, in 1998 has grown into one of the nation’s leading PEOs. PrestigePEO’s journey is marked by continuous growth, groundbreaking milestones, and unwavering commitment to its clients and broker partners.
Key Milestones
1998
PrestigePEO joins the National Association of Professional Employer Organizations (NAPEO), setting the foundation for industry leadership.
2008
Recognized by Inc. as one of the 5,000 fastest-growing businesses in the U.S.
2010
Opened new headquarters in Melville, NY, and achieves workers’ compensation risk management certification.
2010
Earned Workers’ Compensation Risk Management Certification, reinforcing our dedication to workplace safety and regulatory compliance.
2011
Recognized by Crain’s New York Business as one of the Top 125 Privately Owned Companies, a testament to our growth and industry leadership.
2017
Became one of the first PEOs nationwide to secure IRS Certified Professional Employer Organization (CPEO) Certification, highlighting our financial stability and commitment to regulatory excellence.
2019
Achieved Employer Services Assurance Corporation (ESAC) Accreditation, solidifying our position in the top 1% of PEOs nationwide and underscoring our commitment to service quality.
2020
Introduced the PrestigeGO Mobile App, equipping clients and brokers with innovative tools for seamless HR management anytime, anywhere.
2024
CEO Andrew Lubash received the Michaeline A. Doyle Award from NAPEO, honoring his visionary leadership and outstanding contributions to advancing the PEO industry.
Accolades and Industry Recognition
2019
Honored as a Best Places to Work by Long Island Business News (LIBN), celebrating our commitment to fostering a positive and supportive workplace culture.
2021
Awarded a prestigious Gold Stevie® Award for Company of the Year – Business & Professional Services – Medium at The 19th Annual American Business Awards®, recognizing our exceptional client support and comprehensive service offerings.
2023
Ranked #3615 on Inc. Magazine’s annual Inc. 5000 list, marking our eleventh appearance since 2008, with an impressive 135% revenue growth over three years.
2024
Secured two Bronze Stevie® Awards at The 22nd Annual American Business Awards® for Company of the Year – Business & Professional Services – Medium and Achievement in Sales or Revenue Generation, reflecting our continued excellence and innovation.
2024
Ranked #3960 on Inc. Magazine’s annual Inc. 5000 list for the twelfth time since 2008, with a remarkable 115% revenue growth over three years.
2024
Achieved #18 on Crain’s New York Business’ Largest Privately Held Companies List, maintaining a top-20 ranking out of 125 businesses.
2024
Recognized as a Small Business of the Year winner by the Business Intelligence Group’s BIG Awards for Business, highlighting our client-focused approach and exceptional performance.
Strategic Partnerships: Elevating Employee Benefits for Businesses
We’ve built relationships with top-tier insurance carriers to provide businesses access to comprehensive, high-quality employee benefits typically reserved for large corporations. These partnerships made possible through our unique PEO model, empower businesses to compete for top talent while improving employee satisfaction and operational efficiency.
Key partnerships include:
Aetna
Offers nationwide medical coverage with diverse plan options—HMO, EPO, PPO, POS, and HDHPs—giving employees the flexibility to choose care that fits their needs while enjoying access to extensive provider networks.
UnitedHealthcare (UHC)
Provides vision plans and supplemental insurance options, including accident, critical illness, and hospital indemnity coverage, promoting overall employee well-being and peace of mind.
MetLife
Flexible dental and vision plans, along with life and disability insurance, provide essential coverage to meet diverse employee needs.
Slavic401k
Partners with PrestigePEO to offer robust retirement planning services, helping employees secure their financial futures with ease.
Through these carefully curated collaborations, PrestigePEO simplifies access to premium employee benefits, eliminating the administrative burden for businesses. We negotiate directly with carriers, leveraging our collective buying power to deliver affordable rates and comprehensive options. This not only saves time and money but also allows businesses to remain focused on their business goals while offering competitive benefits that attract and retain top talent.
Broker partnerships with PrestigePEO
At PrestigePEO, we understand the challenges brokers face because we were founded by brokers for brokers. Our commitment to supporting your success is built into everything we do, including our refusal to accept Broker of Record (BOR) letters. This ensures you maintain control of your client relationships and income.
When you partner with PrestigePEO, you’ll gain access to:
- Concierge-level service: Tailored to meet the unique needs of each business.
- Lifetime payouts: A long-term reward for your partnership.
- Competitive commissions: Designed to maximize your earnings.
- Exclusive employee benefits rates: Helping your clients stay competitive.
- Transparent Pricing: Always clear and straightforward.
Your business clients will benefit from our comprehensive HR services, which streamline operations and enhance their success. Every client is supported by a dedicated team of experts, including an HR business partner, benefits and payroll specialists, risk management professionals, workers’ comp advisors, and a retirement specialist.
With PrestigePEO, you’re not just choosing a PEO—you’re choosing a partner invested in your growth and your client’s success.
Why PrestigePEO is the right partner for brokers
PrestigePEO’s journey from its broker-founded beginnings to becoming a top-ranked PEO highlights our unwavering commitment to supporting brokers and their clients. With a deep understanding of broker challenges, PrestigePEO delivers tailored solutions, comprehensive HR services, and competitive employee benefits that help brokers stand out in the industry.
Partnering with PrestigePEO means aligning with a trusted expert dedicated to your growth and your client’s success.
Ready to partner with PrestigePEO?
Contact us today to learn how our broker-first approach can help you achieve your goals. Together, we can create lasting success for your clients and your business.
