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: 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

MISSION

We Are:Member-governedStewards of public assetsCommitted to quality member

servicesFocused on the future

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.

MOTTO

We deliver public agency risk management solutions.

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.

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?

TWENTY EXAMPLES OF HOW WE DO IT AT POOL/PACT

1. MEMBER OWNERSHIP

• Interlocal Cooperation Agreement• Long Term Financial Strategy

2. REPRESENTATION

Our board of directors is appointed by YOU.

3. YOUR ISSUES ARE OUR ISSUES

Our risk solutions are tailored to our members

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

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

6. EXPERTISE

7. ACCESIBILITY

Local Representatives

Unlimited access

8. STABILITY

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.

10. REINSURANCE STABILITY

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

12. TRAINING, TRAINING AND MORE TRAINING

Employment Related OSHA required POST Emergency Medical Dispatcher

Certification Department of Education

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

13. AND E-LEARNING!

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

15. WE’RE INVOLVED

16. LOSS CONTROL EXCELLENCE

17. RISK MANAGEMENT GRANT

18. SHARED RESOURCES

19. WEB BASED RESOURCES

YOU CAN CALL WAYNE

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

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

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?

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

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

THE POOL REFLECTS ITS MEMBERSDo the math!

Photo courtesy of Rick Hudson