Printed from BusinessInsurance.com

DIRECTORY OF ALTERNATIVE RISK-FINANCING FACILITIES (I)

Posted On: May. 18, 1997 12:00 AM CST

I

Illinois Grocers Risk Management Assn.

Risk Management Administrators, 8425 Woodfield Crossing Blvd.,

Suite 33, Indianapolis, Ind. 46240; 317-469-4440

Domicile: Illinois.

Risks: Workers compensation.

Limits: $1 million primary and/or $2 million excess of $2 million.

Policy form: Occurrence.

Access: All brokers.

First policy: November 1993.

1996 premium volume: $1.4 million.

1996 assets: $1.4 million.

1996 capital/surplus: $95,114.

Policyholders: 50 in 1996; 75 estimated in 1997.

Membership: Grocers.

Contact: Sean Murray.

Illinois Non Profit Risk Management Assn.

Risk Management Administrators, 8425 Woodfield Crossing Blvd.,

Suite 333, Indianapolis, Ind. 46240; 317-469-4440

Domicile: Illinois.

Risks: Workers compensation.

Limits: $1 million primary and/or $2 million in excess of $5.4 million.

Policy form: Occurrence.

Access: All brokers.

First policy: April 1993.

1996 premium volume: $4.2 million.

1996 assets: $4.9 million.

1996 capital/surplus: $115,730.

Policyholders: 100 in 1996; 120 estimated in 1997.

Membership: Non profit workshops.

Contact: Sean Murray.

Independent Laboratories Assurance Co. Ltd.

International Advisory Services Ltd., P.O. Box HM 2274, Hamilton HM JX, Bermuda; 441-295-3688

Domicile: Bermuda.

Risks: Professional liability.

Limits: $1 million per occurrence/$2 million aggregate.

Policy form: Claims-made.

Access: Direct.

First policy: 1976.

1996 premium volume: $500,000.

1996 assets: $2.6 million.

1996 capital/surplus: $1.6 million.

Policyholders: 20 in 1996; 30 estimated in 1997.

Membership: Independently owned testing laboratories in various disciplines.

Contact: David Pickering.

Intergovernmental Risk Management Agency

1 Oakbrook Terrace, Suite 412, Oakbrook Terrace, Ill. 60181; 630-932-4762

Domicile: Illinois.

Risks: General liability, auto liability, police professional liability, public officials liability, workers compensation.

Limits: Liability: $8 million primary and/or $5 million excess of $3 million self-insured retention. Workers compensation: statutory.

Minimum retention: $1,000 per public entity.

Policy form: Occurrence.

Access: Direct.

First policy: January 1979.

1996 premium volume: $16.2 million; $73,284 in deposit premiums.

1996 assets: $67 million.

1996 capital/surplus: $27 million.

Policyholders: 68 in 1996; 70 estimated in 1997.

Membership: Local governments and special service districts.

Contact: Sal Bianchi.