Company Profile
Pinnacol Assurance
Company Overview
About Pinnacol
Never content to rest on our laurels, Pinnacol Assurance has set our sights on being best in the nation. Our name itself (a play on "pinnacle") reflects a commitment to being the peak performer in the workers' compensation industry. And its spelling ("col" at the end, instead of "cle") recognizes our heritage and dedication to the people of Colorado.
Helping our customers reach the pinnacle of success in Colorado is what we're all about. It's what our name says, but, more importantly, it reflects our entire way of doing business. We perform at the peak, so that our customers can too.
Anchor in the Marketplace
Competitors have come and gone with changes in Colorado's business climate. But not Pinnacol. Our financial stability and commitment to Colorado have made us an anchor in the insurance marketplace. Our financial strength is a comfort to the policyholders, agents, and injured employees who rely on us.
Helping Keep Workplaces Safe
Pinnacol goes the extra mile to help customers create safe workplaces and prevent accidents from happening in the first place. We offer policyholders an extensive collection of free safety and risk management training and educational materials. And we're proud to employ the largest team of safety consultants in the state of Colorado, whose services are available to policyholders at no cost.
Personal Service and Satisfied Customers
When customers choose Pinnacol, they gain a level of expertise that they are unlikely to find with other insurers. That's because Colorado workers' compensation is all that we do, which is why we do it so well. Internally, we've created a culture that cares deeply about delivering a personal level of service, with patience and compassion. In fact, we're often told by customers that our employees are among the friendliest and most helpful of any business they deal with. This is reflected by the fact that 87 percent of our customers choose to keep their business with Pinnacol last year. And a 2014 policyholder survey resulted in an 8.32 out of 10 score for overall service quality.
Giving Back to Colorado
Another way we demonstrate our compassion is through community involvement. Pinnacol gives back to the Colorado communities that support us through the following activities:
The Pinnacol Foundation awards college scholarships to the children of Colorado workers injured or killed on the job — regardless of which insurer handled the parent’s claim.
Pinnacol in Action is an employee-run volunteer program that supports 12 Colorado nonprofits. In 2014, 75 percent of our employees spent time volunteering in the community.
Company History
Colorado's Choice for Workers' Compensation
Pinnacol was established 100 years ago as the assured source of workers' comp coverage for Colorado companies, regardless of their size or risk — a role we continue to fill today. Over the years, we've grown from industry pioneer to Colorado's choice for workers' compensation. Today, approximately 56,000 customers across Colorado have made Pinnacol their carrier of choice. We look forward to another century of providing compassionate care for injured workers and supporting the success of Colorado employers.
Benefits
We offer a variety of health plans including medical, dental, and vision. We understand the necessary balance between work and home. Our employees enjoy the flexibility of a paid time off (PTO) bank. Eligible employees may use PTO for vacation, sick leave or any other personal reason. New employees are eligible for 20 days of company paid time off and 8 company paid holidays for their first full year of service.
A wellness center — including weight machines, treadmills, exercise equipment, a locker room and shower facilities — is available to employees. Wellness and fitness classes are also taught on-site at no cost. Also, we give employees access to onsite contracted personal trainers.
We encourage employees to further their education, and we assist them by providing tuition reimbursement — up to $5,250 for both graduate and/or undergraduate classes.
We also offer unique benefits such as on-site chair massages, dry cleaning pick-up/drop-off, and pet insurance.