How It Works
A Supervisory Board and service companies support the Pool by underwriting membership applications, administering claims and developing safety programs for accident prevention.
Pool Members Are Adequately Protected
The Pool has highly rated excess insurance, along with protective funds that insulate the Pool from the unforeseen financial burden of a catastrophic claim or unusual frequency of losses.
Member Contributions Are Protected by the Pool
Each member pays its contribution to the Pool. Contributions are invested until needed to pay claims and administrative costs. Lower overhead costs provide savings; however, the largest savings result from comprehensive underwriting, fair claims handling, and effective loss control services. These combined efforts reduce the overall risk of the Pool and provide the greatest opportunity for dividend return.
