Pinnacol Assurance Places Second in ColoradoBiz Magazine’s 2010 Best Companies to Work For in Colorado


DENVER, July 30, 2010 - For the third consecutive year, Pinnacol Assurance, Colorado’s leading workers’ compensation provider, has been named to ColoradoBiz magazine’s list of “Best Companies to Work for in Colorado.” This year, the company placed second on the list in the large-company category —businesses with 250 or more employees. Pinnacol has been in one of the top three spots on the list every year since 2008.

“We know that great companies start with great employees,” said Ken Ross, president and CEO of Pinnacol. “Being named to this list for three consecutive years speaks to our ongoing commitment to meeting the needs of our staff. We begin by hiring the right people, we offer an array of benefits that support a healthy work-life balance and we provide the tools employees need to successfully do their jobs. The result is satisfied employees with an unwavering commitment to meeting the needs of our policyholders and injured workers. We see the results of our employee focus in our policyholder retention rate, which was 96 percent in the first half of 2010.”

We are proud to be only insurance company named to this list," Ross continued, "and we believe our commitment to both our employees and our stakeholders is what sets Pinnacol apart from other insurance companies.”

Pinnacol was recognized for employee benefits that include a recently-launched employee wellness program that helps employees identify and address preventable health risk factors and provides health coaches and company-wide challenges to motivate staff. In addition, the company offers on-site exercise classes, an in-house exercise room and low-cost gym memberships.

According to Ross, another benefit that employees appreciate is the company’s volunteer program. “We offer employees 12 hours of paid time off each year to volunteer with the nonprofit of their choice. Last year, 93 percent of our staff took advantage of that opportunity. Reaching out and helping others is just part of our culture.”

ColoradoBiz partners with the Colorado State Council of the Society of Human Resource Management (COSHRM) and Jobing.com, an online employment advertising site, to produce the list of Best Companies to Work for in Colorado. This year, 31 companies made the Best Companies list.

About Pinnacol
Pinnacol Assurance is Colorado’s leading provider of workers’ compensation insurance. Pinnacol provides comprehensive, competitively priced coverage; immediate attention to claims; a highly qualified network of medical providers; and proactive safety programs to approximately 55,000 Colorado businesses. Over the past six years, Pinnacol has returned nearly $394 million in general dividends to its policyholders statewide ― a mark of the company’s stable and strong financial health.

Contact:
Suzi Stolte
Associate Vice President of Communications and Public Relations
303.361.4777
suzi.stolte@pinnacol.com