Governmental Risk Pools: Adding Value to the Public Entity Insurance Market

Governmental risk pools serve a critical role for the availability and affordability of insurance coverage for all kinds of public entities, including cities, counties, school districts, and a host of others. Risk pools not only provide insurance coverage to their members but also add value with additional benefits such as loss control initiatives, grant programs, and supplemental training. Just like the private sector, the public entity insurance market is continually evolving. For this APEX, Senior Consulting Actuary Daniel Linton and Consulting Actuary Nicole McArdle will provide an overview of the market conditions that drove the formation of governmental risk pools, the challenges they continue to face and will discuss how actuaries can serve as a collaborative partner in helping risk pools achieve their goals.