Group Administration

GROUPS

Self Insured Solutions is an industry leader in the formation and operation of Self Insured Groups. We bring vast workers’ compensation knowledge and believe in an open-door policy with the Board and Self Insured Group members.

Self Insured Solutions has hands-on experience in creating and managing eight successful California Self Insured Groups. Recently, Self Insured Solutions took over management of California Restaurant Mutual Benefit Corporation and Household Industries Self-Insured Group, bringing the total number of groups under management to eight.

A short overview of the many services Self Insured Solutions provides on a daily basis:

  • Collect applications and underwriting information
  • Underwrite potential SIG members
  • Generate a quote for potential members
  • Submit membership applications for new members to the DIR
  • Issue monthly member contribution billing statements
  • Collect monthly contributions from members
  • Client services (CSRs)
  • Report and record maintenance
  • Issue certificates of insurance
  • Financial management services
  • Coordinate annual financial audit
  • Coordinate annual actuarial review
  • Maintain cash and investment records
  • Maintain all other accounting records
  • Act as liaison with auditors, actuaries, banks and regulators
  • Prepare California DIR annual report
  • Assist during state examinations
  • Stay current with state regulations
  • Government affairs, including lobbyist
  • Act as liaison with excess insurance broker in getting quotes
  • Maintain ongoing relationship with excess insurance carrier
  • Set up Board meetings
  • Set up annual membership meetings
  • Create and maintain public relations campaign