Educational Service Centers Risk Funding Trust

Slides:

Advertisements

Similar presentations

Washington Counties Insurance Fund Joining a Multi-Employer Health Plan – What to Consider Presented by Jon Kaino, Executive Director, WCIF.

Advertisements

POOLING FOR SAVINGS AND EASE. Insurance People Agents with 30 Years of Experience Public, Private, Charter School and Community College Coverage Full.

Careers in Insurance The insurance industry employs over 2.3 million workers Wage and salary employment in the industry is projected to grow 10% in the.

Insure Montana Small Business Health Insurance Program The Small Business Health Care Affordability Act, was requested by State Auditor John Morrison and.

© 2012 ARTHUR J. GALLAGHER & CO. SORM Statewide Property Insurance Program Overview PRESENTED BY: Michelle Tooley and Chris Connelly, ARM-P Area Senior.

Large Deductible Program  Cash flow  Less $ on premium  Retained losses are deductable  Catastrophic protection  Pricing driven by individual risk.

The Basics of Self Funded Health Plans for Small Employers 11084s1212 Edition Brought to you by: Allied National February 2014.

ASSOCIATION OF WASHINGTON CITIES WORKERS’ COMPENSATION RETROSPECTIVE RATING PROGRAM.

Chapter 4: Insurance Company Operations

HEALTHCARE & ITS IMPACT ON EMPLOYEE BENEFITS Jiten Shah Executive Director GRADD Owensboro, Kentucky.

© Disney 2013 Workers’ Compensation at The Walt Disney Company National Council of Self- Insurers May 20, 2013.

Created by the American Institute of Certified Public Accountants and the California Society of Certified Public Accountants CPA Mobilization Kit: Small.

Chapter 3: Risk Management

“Should Our Nonprofit Corporation Join A Self Insurance Pool” Presented by: David G. Pilkington Vice President, – Brown & Brown Insurance – WC Program.

Workers’ Compensation Coverage: What an Agency should consider?

Self Funding Group Health Plans Presented by Brenda Fagan Johnson.

Allied™ Funding Advantage How Alternative Funding Works.

Broker and Pool Client Presentation November 15 & 16, 2006.

FOR BROKER/DEALER AND GENERAL AGENT USE ONLY.1 Executive Bonus Plans II Retaining and rewarding key employees Manulife Financial and the block design are.

Long Term Care Insurance Averts Financial Crisis While Creating TAX FREE Cash Flow.

Insurance and risk management Standard 11. What is risk? O the likelihood of loss or profit O from an investment O from some threat to your well-being.

Indiana ChildCare Association. Daycare, Home & Highway Program: Janet Crabtree and Amy Musselman Health Insurance: Nancy Matthews Meet Our Staff:

Chapter Outline 12.1Risk Identification and Evaluation Identifying Exposures Property Loss Exposures Liability Losses Losses to Human Capital Losses from.

MORE THAN COVERAGE. PREMIER PHYSICIANS IS ABOUT PARTNERSHIP.

OVERVIEW OF INSURANCE POOLING Your Key to Success Presented by Victor F. Lorch, ARM, ARPM, AINS M.R. Lorch Insurance, Education and Risk Management Consulting.

Spring 2012 Campus Discussions.  18 months of self-insured experience  Better service & vendor relationship  Plan performance better than estimated.

Assurant Self-Funded Program Joe Simpson-Sales Representative

© Family Economics & Financial Education – Updated May 2012 – Types of Insurance – Slide 1 Funded by a grant from Take Charge America, Inc. to the Norton.

GEM A Progress Report September 27, A Brief History Governmental Entities Mutual, Inc. (GEM) is a captive domiciled in Washington, DC Incorporated.

GEM A Progress Report June 29, A Brief History Governmental Entities Mutual, Inc. (GEM) is a captive domiciled in Washington, DC Incorporated 12/24/2002.

Self-Funding Medical Plans. Advantages of Self-Funding What Are the Advantages of Self- Funding? –Utilizing self-funding, employers frequently find they.

Public Employees Insurance Agency (PEIA) Health Insurance Issues.

The Governor’s Plan for a Healthier Indiana

30/05/20161 Captives How they work *Please note; This presentation is used as an information aid and interprets the essentials of captives and protected.

TYPES OF INSURANCE. WHY IS IT IMPORTANT TO HAVE INSURANCE? Risk - chance of loss from an event that cannot be entirely controlled Emergency savings -

Objectives and Organization for Effective Purchasing and Supply Management Marketing 3860 – Purchasing July 13, 2004 Kimball Bullington, Ph.D. Associate.

Ohio Transit Risk Pool Serving the Risk Management Needs of Ohio Public Transit Since 1994.

APPLYING RISK MANAGEMENT STRATEGIES PRUDENTLY Paper No 192 Presented At 2011 ICHS Conference September 13, 2001 By Michael Pero, P.E. – Director of Risk.

© Copyright Arthur J. Gallagher & Co Arthur J. Gallagher Risk Management Services, Inc. National Public Entity & Scholastic Division State of Kansas.

Lesson 18 Insurance. Today’s Learning Objective What are the main types of insurance? Insurance Basics Auto Insurance Renter’s Insurance Homeowner’s Insurance.

Copyright © 2008 Pearson Addison-Wesley. All rights reserved. Chapter 3 Introduction to Risk Management.

Making Your Career Decision…. Is CalPERS the place for you?

 The forecasting and evaluation of financial risks  Identification of procedures to avoid or minimize their impact. Goals: ▪ Avoid or minimize losses.

Chapter Four: Affordable Housing Uniting the “I” and “We”: Affordable Housing in Perpetuity Presentation by: Ariel Verhoeks.

19-1. Why should we save? Savings and Investment Basics Savings and investment activities Savings is the storage of money for future use. Try to deposit.

IMAC Captive Basics Course Group Captives October 19, 2011.

© Take Charge Today – August 2013 – Types of Insurance – Slide 1 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer.

NLC-RISC TRUSTEES CONFERENCE 2016 San Antonio, TX 1.

 Meaning of Risk Management  Objectives of Risk Management  Steps in the Risk Management Process  Benefits of Risk Management  Personal Risk Management.

For advisor use only. Not for use in sales situations. IDI sales opportunities with business owners [Presenter Name] [Presenter Title] [Presenter Company]

Mississippi Association of Self-Insurers Tenets of Successful Group Self-Insurance Presented by: Alasdair Roe, ACII - HPIC Christopher J. Burkhalter, FCAS,

CONTROLLING COSTS Choosing the Right Insurance Program Kevin D. Smith, CPCU, ARM Vice President Workers’ Compensation.

California Housing Workers’ Compensation Authority State of the JPA At a Glance California Housing Workers’ Compensation Authority State of the JPA At.

© Take Charge Today – August 2013 – Types of Insurance – Slide 1 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer.

PRICING MODELS AND OPTIONS Continuing Care at Home: Finding Success in a Brave New World SUSAN HAWKINS Executive Director, Cadbury Consulting.

Term Insurance  Characteristics  Payments at death only  Contract expires at the end of the term  When is the use of this tool indicated  Provide.

The Power of Group Captives Taking Control of Your Insurance Destiny.

PREPARING FOR BARGAINING MEDICAL INSURANCE September 2014.

Low Income Subsidy Plans

Presented by Henriott Group

Risk Financing Achievement of the least-cost coverage of an organization's loss exposures, while ensuring post-loss financial resource availability. The.

Program Overview.

Management Compensation and Business Valuation

The New Normal Public/Private Partnerships

Chapter 17-Cafeteria Plans

Allied™ Funding Advantage

Types of Insurance Advanced Level.

Chapter 23 Cases in Holistic Risk Management

Increase Sales with Quantum BoatSM

Presentation transcript:

Educational Service Centers Risk Funding Trust A Specialized Insurance Risk Management Program for K-12 School Corporations in Indiana

What is ESCRFT? Protected Self-insurance Risk Management Program Package insurance program that integrates “pooled” self-insurance with protection of traditional insurance Property & Casualty/Workers Compensation insurance coverages Nearly 40 members ESCRFT is growing responsibly, attracting best-in-class among well-run and safety conscious schools Eligibility: Members of one of the nine Indiana Educational Services Centers Public K-12 school systems Public Charter schools Public School Career Centers Public School Special Education Co-operatives

Why ESCRFT? More Competitive & Stable Pricing Broadest Coverage Terms Power of pool membership purchasing power Broadest Coverage Terms Higher limits/lower deductibles focused for Indiana schools Better Resources Service Providers that are directly responsible to members

More Competitive Pricing

ESCRFT Program Benefits Long-term stability in premiums and insurance availability Broader coverage and increased limits Future potential return of loss fund dollars Cash flow benefits Interest earnings from loss fund monies are retained by ESCRFT Direct input by each member on program decisions Detailed and comprehensive monthly loss information More direct control of claims management and claims costs School-focused professional loss prevention programs Direct control

More Information: Please Contact: Program Administrator Mark Aldous Arthur J. Gallagher & Co. mark_aldous@ajg.com 317.810.4380 ESCRFT Executive Director: Dr. Carrie Milner cbmilner765@gmail.com 765.720.5732