Glossary · Sales & procurement
PEO Broker
A licensed insurance broker who specializes in evaluating, placing, and servicing PEO arrangements on behalf of employer clients.
All terms
Entravia Editorial
PEO brokers function similarly to commercial insurance brokers but with deep specialization in co-employment economics, multi-PEO comparison, and transition planning. Compensation is typically commission-based, paid by the PEO.
A strong PEO broker materially improves selection outcomes for mid-market clients by running structured RFPs, normalizing quotes, and managing transition risk.
Related terms
- Broker of Record (BOR)A signed designation establishing one broker as the client's exclusive representative for placing and servicing a specific insurance or PEO arrangement.
- RFP (Request for Proposal)A structured solicitation document used by buyers to request comparable proposals from multiple PEOs.
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