1 / 36

Magnifying Mission and Message to Members

Magnifying Mission and Message to Members. Nevada Public Agency Insurance Pool & Public Agency Compensation Trust. Mission. The POOL/PACT member services consortium provides responsive risk and management resources for public agencies. Mission. We Excel In:

dexter
Download Presentation

Magnifying Mission and Message to Members

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Magnifying Mission and Message to Members Nevada Public Agency Insurance Pool & Public Agency Compensation Trust

  2. Mission • The POOL/PACT member services consortium provides responsive risk and management resources for public agencies.

  3. Mission • We Excel In: • Innovative solutions that help Members serve the Public • Financial strength, security and durability • Cost effective risk sharing and financing • Interactive claims service • Member networking and resource sharing

  4. Mission We Are: • Member-governed • Stewards of public assets • Committed to quality member services • Focused on the future

  5. Vision • Every Member actively manages the risks encountered as a public agency. Membership is a privilege earned by effective agencies committed to sharing resources to benefit their employees and the public they serve.

  6. Motto We deliver public agency risk management solutions.

  7. GOALS: • To incorporate risk management into member management strategies. • To sustain financial strength to meet our commitment to Members. • To deliver innovative education, training and support as a primary service. • To grant membership privileges to public agencies who demonstrate commitment to our Mission and Vision. • To provide stunning, sustainable service. • To share resources between Members so that all succeed.

  8. HOW DO WE DO IT? • How is risk management incorporated into your management strategy? • What does it mean to provide your entity with financial stability? • What training resources does your entity utilize? • What are the membership privileges? • What are the shared resources?

  9. Twenty examples of how we do it at pool/pact

  10. 1. Member Ownership Interlocal Cooperation Agreement Long Term Financial Strategy

  11. 2. representation Our board of directors is appointed by YOU.

  12. 3. YOUR ISSUES ARE OUR ISSUES Our risk solutions are tailored to our members

  13. 4. CONSULTING SERVICES • Human Resources • Risk Management • Law Enforcement • School Board Legal • Contractual Review/Legal Review

  14. 5. claims philosophy • Quarterly Loss Runs Sent to Member and Agent • Claims Adjusting and Litigation Management Services • Members Involved in Settlement Decisions • Litigation Strategy Workshops with House and Outside Counsel • On-line Access to Claims Data

  15. 6. EXPERTISE

  16. 7. ACCESIBILITY • Local Representatives • Unlimited access

  17. 8. STABILITY

  18. 9. AGRIP Standards Recognition Nevada Public Agency Insurance Pool & Public Agency Compensation Trust first received standards recognition in 1996 and has continuously met the standards after review by AGRIP every three years since then.

  19. 10. Reinsurance stability

  20. 11. Pooled Risks = Pooled Power • Pools were Created By and For Nevada Local Governments Only • Combined Buying Clout • Broad Array of Coverage, Limits • Employment Practices • Earthquake, and Flood

  21. 12. Training, training and more training • Employment Related • OSHA required • POST • Emergency Medical Dispatcher Certification • Department of Education

  22. And more training • Public Officials Liability Workshop • Positive Governance Workshop • Board Member Orientation • Board Retreats and Strategic Planning • Open Meeting Law Workshop • Board Ethics Workshop

  23. 13. And E-Learning!

  24. 14. MORE THAN JUST TRAINING • Property Appraisals • Fire Department Asset Appraisals • Boiler Inspections • Swimming Pool Inspections • Thermographic Imaging • Respirator Fit Testing • ADA Compliance Surveys • Premises Safety Surveys

  25. 15. We’re involved

  26. 16. Loss Control Excellence

  27. 17. Risk Management Grant

  28. 18. Shared Resources

  29. 19. Web based Resources

  30. YOU CAN CALL WAYNE

  31. What is a MEMBER’s role? • Since Members own the pools, Members work together to strengthen the pools • Retention of members to sustain the pools • Hold each other accountable for the pools’ success • Develop and understand the services • Active Participation in sessions / training • Communicating about the pools and the services to others • Understand the value of the complete program

  32. Program Pricing • Board Selects Renewal Program and Options • Actuary and Staff Review Exposures and Claims Experience Over Five Year Cycles • POOL Allocation Formulas Use Multiple Factors: Property Values, Payroll, Net Operating Expenditures, Police Officers, Vehicles, Etc. • Claims Experience and Deductible Level Are Factored in Rating Plan

  33. Education & Training • How can we magnify the mission and message to Membership within your organization? • How do we get the resource message out to the Membership? • What type of training and promotion of programs do you want presented?

  34. Magnifying the Message • It is a Risk Management package vs. a transfer of risk (insurance policy) • Actively participate amongst your peers • Consider how the POOL has changed your entityLosses, Exposures, Stabilization • MEMBER Driven: MEMBERS making decisions on behalf of MEMBERS

  35. Pooling Math • Review of the basic pooling Algebra Equation • Assumptions:X = Transfer of Risk Y = Risk Management ServicesC = Claims • Z = Total Program Cost • X + Y + C = Z • Z = NPAIP & PACT Efforts / Accomplishments

  36. The pool reflects its members Do the math! Photo courtesy of Rick Hudson

More Related