Are You Eligible for Membership in Our Safety Groups?
Professional Risk Organizers and Loren Risk Management have successfully managed safety groups within the New York State Insurance Fund (NYSIF) for over 30 years. Members of our safety groups get 20% discounts on their NYSIF workers’ compensation policies and participate in our group-wide dividend program which has delivered consistent results year after year.
If your business has a proven safety record, you may be eligible for membership. Employers with the same employee classification codes are grouped together. Check your industry class codes to see if you are eligible for membership in one of our groups.
About Machine Shop Safety Group 506
Trade Group 506 – Machine Shop Safety was established 1/1/1986. It has an anniversary date of January 1 each year. The group program provides upfront discounts and dividends.
Industry Class Codes
- 2790 Pattern Making NOC
- 3113 Tool Manufacturing NOC. No Drop Machine Forge
- 3114 Tool Manufacturing NOC Finishing
- 3129 Metal-Stamped Product Manufacturing
- 3132 Nut-Bolt-Spike Manufacturing
- 3145 Screw Manufacturing
- 3559 Confectioners Machinery Manufacturing
- 3629 Precision Machine Parts Manufacturing NOC
- 3632 Machine Shops NOC
About the Trade Group 511 for the Bakery Industry
Trade Group 511 for the Bakery Industry was established 1/1/1987. It has an anniversary date of January 1 each year. The group program provides upfront discounts and dividends.
Industry Class Codes
- 2001 Cookie Manufacturing
- 2002 Macaroni Manufacturing
- 2003 Bakeries
- 2014 Feed Manufacturing or Grain Milling
- 8034 Wholesale Grocery Stores
About the Downstate Retail Food Safety Group 523
The Downstate Retail Food Safety Group 523 was established 9/30/1989. It has an anniversary date of September 30 each year. The group program provides upfront discounts and dividends.
Industry Class Codes
- 8033 Supermarkets
- 8006 Grocery Stores
- 8031 Meat, Fish & Poultry Stores
About the Machinery Manufacturing Industry Safety Group 525
The Machinery Manufacturing Industry Safety Group 525 was established 2/1/1993. It has an anniversary date of February 1 each year. The group program provides upfront discounts and dividends.
Industry Class Codes
- 3612 Pump Manufacturing
- 3634 Valve Manufacturing
- 3635 Gear Manufacturing/Grinding
- 3507 Agriculture Machine Manufacturing
- 3515 Textile Machinery Manufacturing
- 3548 Paper Box Machinery Manufacturing
About the New York State Printing Safety Group 555
The New York State Printing Safety Group 555 was established 9/30/1993. It has an anniversary date of September 30 each year. The group program provides upfront discounts and dividends.
Industry Class Codes
- 4299 Printing
- 4307 Bookbinding
- 4351 Photo Engraving
- 4352 Engraving
- 4361 Offset Plate Manufacturing
- 8012 Quick Printing
- 8016 Copying & Duplicating Services
- 8800 Addressing/Mailing Company
Group Dividends by Year
| Year | Group 506 | Group 511 | Group 523 | Group 525 | Group 555 |
|---|---|---|---|---|---|
| 2018 | in process | in process | 25% | in process | 20% |
| 2017 | 30% | 20% | 20% | 20% | 20% |
| 2016 | 30% | 20% | 20% | 20% | 20% |
| 2015 | 30% | 20% | 20% | 20% | 15% |
| 2014 | 25% | 15% | 15% | 10% | 20% |