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PR Newswire
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Heffernan Insurance Brokers partners with VentureLoop to Launch VentureLoop HR, a Professional Employer Organization (PEO) Offering Payroll, Benefits and Human Resources for Startups

SAN FRANCISCO, July 24, 2012 /PRNewswire/ --Heffernan Insurance Brokers, one of the largest independent brokerage firms in the United States, is partnering with VentureLoop to launch VentureLoop HR, a Professional Employer Organization (PEO) that provides payroll, benefits and human resources specifically for startups and venture-backed companies. The new service is designed to assist the unique needs of technology companies who require flexibility and rapid response to their needs. VentureLoop HR is already servicing clients and can accommodate California companies with 1 to 100+ employees.

"We pursued the VentureLoop HR concept based on a significant need we identified through our current startup client base," said Jeremy McCarthy, CEO of VentureLoop. "We heard constant feedback that existing providers were extremely inflexible, offered poor service, and did not understand that startups don't operate like typical small companies. It was so bad that some investors were not allowing their portfolio companies to use certain service providers due to prior bad experiences."

Sarah Vallette, Vice President of Heffernan Insurance Brokers, said of the partnership, "VentureLoop and Heffernan are providing workers' comp, 401(k) and benefits in a program that provides an accessible and transparent alternative to traditional PEOs."

The new VentureLoop HR service will allow startups and growth companies to focus on building their products rather than getting tied up in payroll, benefits and human resources issues. Employees have access to high quality benefits and plans that can all be accessed through an online self-service portal. VentureLoop HR also has experienced human resources consultants and account managers available to directly assist employees and company administrators with any needs.

About Heffernan Insurance Brokers

Heffernan Insurance Brokers, formed in 1988, is one of the largest independent insurance brokerage firms in the United States, providing insurance and financial services products to businesses and individuals. Headquartered in Walnut Creek, CA, Heffernan has additional offices in San Francisco, Petaluma, Menlo Park, Los Angeles, and Orange County, CA; Portland, OR; and St Louis, MO and New York, NY.

Employee-owned, Heffernan Insurance Brokers has been among the Top Greater Bay Area Philanthropists since 2003 by donating more than $2.5 million to local charities.

For more information, visit heffgroup.com or call 800.829.9996. License # 0564249

SOURCE Heffernan Insurance Brokers

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