Risk Managers Purchasing Cooperative offers Participating Employers membership in a proprietary stop loss insurance risk pool designed to better manage their Benefit Programs’ stop loss risk.
This proprietary risk pool aggregates all of the premium generated by the Participating Employers’ excess loss insurance policies. Each participating employer remains responsible for deciding what benefits they offer but are required to incorporate certain risk management strategies.
Participation in the risk pool will not result in additional risk to Participating Employers. If the experience for some or all pool members exceeds the premiums received by the pool, no further premiums will be requested from the pool members.
- Participating Employers will not subsidize each other’s premiums.
- No upfront collateral for groups to join
- Block underwriting for a smoother renewal experience
- Access to high-value, risk management strategies that work
- No responsibility for underwriting losses (should such losses occur)
- No complex legal structure to join
- Participating Employers share in underwriting profits
- Stop loss insurance carrier is A.M. Best Rated A- (Excellent)
To learn more email Bill Rusteberg @ RiskManager@RiskManagers.us
