Peace Church Property Insurance Trust (PCPIT)
PCPIT is a fully insured Program covering Property, Automobile and Crime covrages for Peace Church (Brethren, Mennonite and Quaker) Aging Services Organizations.
Five years ago, Resource Partners in partnership with the National Brokerage firm of Arthur Jay Gallagher (AJGCo.), coordinated the development of a Property, Automobile and Crime Program for Aging Service risks who are members of Mennonite Health Services, Fellowship of Brethren Homes and Friends Services for the Aging. To date we have 12 members spanning 9 states and program property value limits in excess of $450,000,000.
The group created a policy that is be able to leverage values, combine the best coverage enhancements from current carriers and bring uniformity to a common risk profile. This merging of multiple exposures in multiple states has allowed a National Carrier to offer an opportunity to Continuing Care Retirement Communities (CCRC) facilities that far exceeds their ability to write on a single site, single policy basis.
As an additional program enhancement we have been able to negotiate a favorable rate for the vehicle policy, and Crime underwriters have become comfortable with risk exposures in CCRC’s again resulting in enhanced coverage offerings.
For more information contact Charlotte Hess at (717) 293-7840 Ext. 3 or Charlotte@ResourcePartnersOnline.Org