Why Safety Groups?

Clients have saved up to 51% on their Workers’ Compensation premiums since 1992!

Friedlander Group is the leader in workers' compensation for Retailers, Wholesalers, Restaurants, Hotels, Oil Dealers, Home Health & Residential Care facilities in New York State. As the manager of seven Safety Groups underwritten by the New York State Insurance Fund, Friedlander Group has saved thousands of our clients over $500 million in workers’ compensation costs since 1992.

Our safety groups significantly reduce the cost of workers' compensation for safety conscious members. Our fully insured safety groups work by pooling members’ annual premiums, and after deducting the costs of claims and administrative charges, the profits are returned to members in the form of a dividend.

Friedlander Group has paid an average 28% dividend since 1992.

The benefits are significant:

  • Savings through group advance discounts and dividends
  • Improved employee productivity, morale and profits
  • Claims Solution services that reduce claims and costs
  • Comprehensive administration and audit services
  • On-site safety engineering
  • A unique competitive advantage for you

Safety Groups provide a high quality, low cost, fully insured workers’ compensation insurance solution to businesses with a proven track record of safety in the workplace.

$203 Million Dividends Paid

Year Retail
#544
Inception Date:
3/1/92
Wholesale
#551
Inception Date:
4/1/93
Restaurants
#556
Inception Date:
9/30/93
Hotels Motels
#578
Inception Date:
6/1/06
Oil Dealers
#582
Inception Date:
7/1/10
Social Services
#585
Inception Date:
8/1/11
Residential Care
#586
Inception Date: 2/1/12
1992-93 30%
1993-94 32.5% 30% 30%
1994-95 32.5% 32.5% 37.5%
1995-96 35% 35% 52.5%
1996-97 50% 42.5% 52.5%
1997-98 60% 50% 40%
1998-99 45% 45% 45%
1999-00 30% 35% 40%
2000-01 32.5% 32.5% 25%
2001-02 32.5% 25% 27.5%
2002-03 35% 30% 35%
2003-04 35% 32.5% 40%
2004-05 35% 35% 40%
2005-06 35% 35% 35%
2006-07 30% 30% 35% 25%
2007-08 35% 35% 40% 25%
2008-09 35% 30% 40% 25%
2009-10 35% 25% 35% 20%
2010-11 35% 25% 25% 15% 10%
2011-12 25% 20% 25% 10% 5% 5%
2012-13 25% 5% 20% 2.5% 0% 5% 5%
2013-14 25% 20% 25% 0% 10% 10% 2.5%
2014-15 35% 30% 35%* 10% 15% 15% 5%
2015-16 40%* 40%* 20%* 20%* 20%* 10%
35% 31% 35% 15% 10% 11% 6%
24 Year Avg. 23 Year Avg. 22 Year Avg. 10 Year Avg. 6 Year Avg. 5 Year Avg. 4 Year Avg.

*5% increased advance discout

Average 0f 94 Dividends: 28%
Underwritten by NYSIF, 199 Church Street, New York, NY 10007

Retail Group of NY Group Safety Group #544

2003 Bakeries 8033 Supermarkets
7998 Hardware Store 8039 Department Store
8001 Florist Store 8043 Retail (including Food)
8006 Food/Fruit/Deli/Grocery 8044 Furniture Store
8008 Clothing/Shoe/Dry Goods 8046 Auto Accessories
8013 Jewelry Store 8050 Book/Music Store
8016 Quick Printing 8069 Cellular Telephone Store
8017 Retail (Not Classified) 8072 Book/record/CD Audio
8025 Bicycle Stores 8105 Leather Store
8031 Meat/Fish/Poultry Store 9521 Furnishing Installation with Retail Store

Wholesale Group of NY Safety Group #551

4310 Greeting Card Dealer 8034* Grocery Stores
7390 Beer/Ale Dealer 8047 Drug Store
7999 Hardware Store 8048* Fruit & Vegetables
8018 Wholesale Store/NOC 8111 Plumbers Supplies Dealer - Wholesale
8021 Meat, Fish or Poultry Wholesale 8751 Route Sales
8032 Dry Goods/Clothing/Shoe 8044 Furniture Wholesale

* Certain Restrictions Apply

United Restaurants of NY Safety Group #556

9056 Restaurant Employees 9072 Fast Food Restaurant
(including drivers)
9061 Clubs 9074 Bars & Taverns
9071 Full Service Restaurant    

Hotel and Motel Group of NY Safety Group #578

9052 Hotels, NOC

Oil and Gas Dealers Group of New York #582

5193 Oil Burner Installation 8809 Executive Officers
8350 Fuel and Oil Dealers 8810 Clerical
8353 Gas Dealer    

The Social and Health Services Group of New York #585

8854 Home Health Care - Prof. Employees 9051 Home Health Care - Non Prof. Employees
8857 Counseling - Social Work - Traveling    

The Residential Care Facilities Group of New York #586

8864 Developmental Organizations 8865 Residential Care Facility

"We have used the Friedlander Workers Comp Safety Group to open doors to new accounts and to lower our current clients Workers Compensation costs. Friedlander delivers stability in an uncertain market and their underwriters are prompt in returning our calls and getting us the quotes."

Marcy Ruchman
Ruchman Associates,
Rockville Centre, NY