Peace Church Family of Insurance Programs Grows
Resource Partners, Lancaster, PA announces the launch, effective January 1, 2015, of the Peace Church Workers Safety Program (PCWSP), a member owned, self-insured, workers compensation program.
PCWSP’s 15 members pay premiums and share claims costs to a predetermined level, then limit ultimate financial risk through the purchase of specific and aggregate reinsurance from a rated commercial reinsurer.
“I am excited about the PCWSP start-up” said Vito Genna, CEO of Sierra View Homes and Chair of the PCWSP Subscribers Advisory Committee. “We took our time in finding the right partnerships to create an effective program. I am confident that working with a priority on appropriate loss control and claims management our goals of worker safety and coverage cost management will be met.”
In other Peace Church program news:
Peace Church Health Insurance Program (PCHIP), a member owned, self-insured, employee health benefit program which launched with 11 member organizations in January of 2013 has declared its first premium dividend, returning $350,000 in savings to member organizations. And, for 2015 PCHIP is introducing Member Care Advocates to the array of services provided to assist employees and HR staffs navigate the health care system.
Peace Church Risk Retention Group (PCRRG), a member owned, self-insured general and professional liability program serving 47 aging services providers across the U.S., recently completed its 11th year of successful operation with premiums in 2015 continuing a pattern of decreases and members receiving dividends totaling $2,000,000 for 2014.
The Peace Church insurance programs are available to qualifying organizations affiliated with one of the three traditional Peace Church denominations (Church of the Brethren, Religious Society of Friends, and Mennonite Church USA). Each program is owned and governed by the participating organizations, assuring that member values and priorities are integrated into the fabric of the programs. Each program is built on a base of group self-insurance with the ultimate protection of commercial reinsurance.
Resource Partners supports the Peace Church programs, serving as the Program Executive Manager of each, carrying out the directives of the member owners. Inquiries for additional information about the potential benefits of participation and qualification requirements of any of the programs may be addressed to Phil Leaman, COO, Resource Partners at 717-293-7840 or firstname.lastname@example.org.
Resource Partners is a Pennsylvania not for profit with a mission of providing risk management products and services that promote human and financial stewardship with Peace Church organizations.