ASU Group Completes SOC1 Audit

MICHIGAN, OKEMOS – Jan. 4, 2016 – ASU Group, a claims management and insurance services company, understands the importance of compliance with rigorous operating standards.

As part of its ongoing commitment to meeting and maintaining these standards, ASU Group has successfully completed a Service Organization Control 1 (SOC1SM ) examination resulting in a CPA’s report stating that management of ASU Group maintained effective controls over their claims processing system. The engagement was performed by BDO LLP.

“We are pleased that our SOC 1SM report has shown that we have the appropriate controls in place to mitigate risks related to our claims processing system.” said Debra Claeys, President and CEO. “It also reinforces ASU’s commitment to take the steps necessary to comprehensively support our clients’ compliance requirements.”

A SOC 1 SM report is designed to meet the needs of existing or potential customers who need assurance about the effectiveness of controls at a service organization that are relevant to  the security, availability, or processing integrity of the system used by the service organization to process customers’ information, or the confidentiality or privacy of that information.

ASU Wins National 2015 Employee Ownership Month Poster Contest!

ASU Group has been selected by The ESOP Association as its 2015 Employee Ownership Month Poster Contest Winner.  The winner poster was unveiled at the Association’s 38th Annual Conference in Washington, DC.

ASU’s status as an ESOP organization not only benefits our employee owners, but also benefits our clients.  By its very nature, our ESOP allows each employee to be self-motivated and to think and act like an owner.  Each employee has a stake in the success of our clients and in the future success of the company. “

ASU Announces Madison Office Move

ASU’s Madison office has moved to a new location as of March 2, 2015. The larger space will support our continued growth in the Madison area.

The new office is located at 2801 Crossroads Drive, Suite 2200, Madison, WI 53718

Their new local number is 608-210-5673.

Their toll free number 877-229-0009 remains the same.

ASU Celebrates ESOP Month

ASU Group is celebrating National ESOP (Employee Stock Ownership Plan) Month this October by honoring their Employee-Owners with special events, including ESOP contests with prizes.

Says Debra Claeys, CEO “We are extremely grateful to our Employee-Owners for the important role each of them plays in the success of the company. Their hard work, commitment and motivation to provide great service to our clients is what makes ASU special.”

There are approximately 10,000 ESOPs in place in the U.S., covering 10.3 million employees (approximately 10% of the private sector workforce).  ASU ‘s ESOP was formed in 1981 and the company became 100% Employee-Owned in 1996.

Employee Ownership Month is an opportunity for ESOP companies across the nation to educate employee owners and the public about the undeniable benefits of employee ownership for employees, their companies, the communities they are a part of, and the nation. For more information about Employee Ownership Month, please visit: