Group Insurance Advantage
The CRA Insurance Program operates under a “Protected Self-Insurance”(PSI) structure, which enables participating clients to acquire a sense of ownership of their insurance program. Under the PSI structure a portion of premiums are allocated to a “Protected Self-Insurance” fund.
This fund allows the unique opportunity for premium to be returned to members when surpluses are built as a result of years with low claims. Under a traditional insurance program, these funds would be retained by insurers as underwriting profit. One of our key goals as your program manager is to provide resources to support loss prevention, which ultimately reduce insurance costs through rate reduction or premium returns.
CRA Program Advantages
Immediate premium savings for eligible members
Industry specific coverage
Our rental industry experts have created insurance solutions that are specific to your needs, giving you the coverage options that can be tailored for your business.
Efficiency
Our knowledgeable in-house professionals offer efficient, responsive and comprehensive support to your business, saving you time and money.
Long-term rate stability
Our innovative group insurance programs provide clients with greater buying power, enhanced rate stability and lower costs.