There are many reasons to look into pooling insurance needs.  Economies of scale offer one incentive for the entity to consider this type of approach. This becomes relevant when a group of entities come together to protect the assets of their organization.  By grouping together similar liabilities into one larger pool, costs of insurance is spread out over the entire group.

Another incentive is that the successful management of risks can provide for a reduction of overall costs by offering return of premium or dividends or offset future premium costs.  RMRIG works directly with Members to tailor specific risk management, safety and loss control programs to ensure positive results by reducing claim costs.

The best incentive for an organization to  consider pooling of insurance programs is that each Member is effectively the owner of its own insurance company.  The Member is directly represented and has a say in how the organization is run and how to effectively make it better for all.

If you are interested in learning more about our programs please feel free to contact our offices for a free consultation.