AlphaStaff Group Inc. - ALPHASTAFF, INC. ACQUIRES SELECTIVE HR SOLUTIONS - Adds 20,000 WSEES and Becomes Only PEO Distributing Exclusively through Broker/Agent Channel

ALPHASTAFF, INC. ACQUIRES SELECTIVE HR SOLUTIONS
Adds 20,000 WSEES and Becomes Only PEO Distributing Exclusively through Broker/Agent Channel

FT. LAUDERDALE, Fla., Oct. 28, 2009 – AlphaStaff Group, Inc., one of the nation’s fastest-growing able employer organizations (PEO), today appear it has accomplished an acceding with Selective Insurance Group, Inc., (Nasdaq: SIGI) to access its Sarasota, Fla. based PEO subsidiary, Selective HR Solutions, Inc. When the transaction is completed, AlphaStaff is accepted to become one of the nation’s better able employer organizations. Closing is accountable to Florida authoritative approval and is accepted to action on or about Jan. 1, 2010.

AlphaStaff offers a adjustable apartment of casework that focuses on animal resources, including HR administering and consulting, allowances administration, workers’ advantage advantage and assurance management, amount and chip technology solutions, and tax administration, a allotment of others.

“Selective HR’s archetypal of accord with allowance agents aligns altogether with ours,” said Jay Starkman, AlphaStaff’s CEO. “Through this acquisition, we not alone abide our arch advance record, but AlphaStaff becomes the alone PEO to deliver its artefact alone through the allowance abettor channel, a architecture accurate to bear above chump account and affordable benefits.”

Starkman acclaimed that a key agency in the accord was the all-inclusive abeyant to access sales by alms AlphaStaff’s able-bodied artefact and agency anatomy to Selective Insurance’s over 900 agents. AlphaStaff will be the alone PEO partnering with the allowance subsidiaries of Selective Insurance Group, Inc. for workers advantage allowance pursuant to the agreement of the agreement.

After the close, AlphaStaff expects to add about 20,000 worksite advisers (WSEEs) to its accepted agenda of 50,000. The aggregation already has a attendance in Florida, Georgia, Texas, California, New York and New Jersey and the accord now expands its ability to North Carolina, South Carolina, Maryland, Virginia and Tennessee.

“We accept AlphaStaff is a acceptable fit for Selective HR audience and abettor partners,” said Gregory Murphy, Chairman, President and CEO of Selective Insurance Group. “We called AlphaStaff to accomplice with because, like us, they’re committed to the abettor channel.”

Current Selective audience should see no changes in their costs throughout 2010. Selective HR Solutions audience are accepted to adore acceptance to AlphaStaff’s added adult HR technology that provides greater advertisement capabilities and added employer and agent self-service.

Along with their aggregate charge to alive through the abettor channel, both companies are a allotment of the few PEOs that are Employee Services Assurance Corporation certified. Benefits of ESAC cover connected audits and monitoring, as able-bodied as alms audience the aegis of a aggressiveness band in the absurd accident of a abortion of an accepted PEO.

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About AlphaStaff
AlphaStaff Group, Inc., a able employer organization, offers adjustable employer solutions that ascendancy costs, abode key acquiescence issues, and accommodate acknowledged accountability protection, while carrying world-class allowances to about 50,000 advisers above the nation. Through a complete portfolio of articles and services, via co-employment, AlphaStaff focuses on HR and technology integration, with payroll, benefits, tax, accounting, and accident administration for baby and mid-size companies.

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