• Allows you to recoup a significant percentage of your premium, based on your loss experience
• Gives members the greatest possible long-term control over the cost and management of their insurance program
• Lowers your fixed / administrative costs
• Provides enhanced risk management and claims management
• Flattens the cyclical nature of traditional insurance (hard / soft markets)
• Escapes bad risk pools in traditional markets, as good risks flee for alternative risk markets (like captives) and self insurance
• Earns investment income on your loss fund dollars
• Underwritten on an individual basis – based on your loss history (vs. your class of business)
• Allows you to participate in program governance
• Tailors loss control and claims management to the needs of individual members
• Service providers are directly accountable to members