SAIF Announces 14% Premium Discount Available for Hotels and Restaurants

Oregon Restaurant & Lodging Association members who meet the group eligibility requirements can receive an additional 14% discount with SAIF in the ORLA Group plan 

[Wilsonville, OR] – SAIF announced today final approval of a 14% discount on workers’ comp premiums for Oregon Restaurant & Lodging Association (ORLA) members who meet the group eligibility requirements. This represents the largest discount available for Oregon’s hotels and restaurants in the program.
 
"With the cost of doing business continuing to rise, this program provides needed coverage along with significant cost savings for hospitality members,” said Jason Brandt, president and CEO of ORLA. "We are excited about the new group discount and the continued opportunities we have to jointly promote safer workplaces with our partners at SAIF.” 

ORLA’s endorsed service partnership with SAIF gives eligible ORLA members a workers’ compensation group discount that is validated by NCCI and approved by DCBS. As the restaurant and lodging industries face some of the most difficult workplace safety challenges, this partnership aims to reduce worker injuries and improve member’s safety programs. 

SAIF also declared two dividends earlier this year, one based on premium and one tied to safety performance. SAIF determines whether a policyholder dividend is appropriate based on capital levels, claim trends, and the overall economic environment. This year SAIF has seen strong investment returns and favorable trends in injury prevention and claim cost containment.

“As a not-for-profit with a public mission to make workers' comp available and affordable, paying dividends is an important part of the value we offer Oregon employers,” said Kerry Barnett, president and CEO of SAIF. “In addition to dividends, we are proud to offer our customers some of the lowest rates, best-in-class service, and the largest network of workplace safety professionals of any insurance carrier in Oregon,” said Barnett. 

Ask your agent for an ORLA Group quote or contact SAIF directly at 888.598.5880.

About SAIF
SAIF is Oregon's not-for-profit workers' compensation insurance company. Since 1914, we've been taking care of injured workers, helping people get back to work, and striving to make Oregon the safest and healthiest place to work. For more information, visit the About SAIF page on saif.com. 

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