|
Welcome
to IPRF
Dear Friend:
On behalf of the nearly 500 public entities that share in the operation
of the Illinois Public Risk Fund, I am pleased to welcome you to
our updated IPRF website. If you're an agent, broker or public entity
looking at IPRF for the first time, we hope you'll discover what
makes IPRF so special. If you need information after viewing our
site, please e-mail me directly at President@IPRF.com.
I'll try to have an answer for you as quickly as possible.
Sincerely,
Paul
H. Boecker, President
The
#1 source for public entity protection in Illinois
- The
Illinois Public Risk Fund is Illinois' largest self-insured risk
pool for workers' compensation coverage.
- IPRF
currently serves nearly 500 public entities and governmental agencies
throughout Illinois.
- These
participating public entities have pooled their workers' compensation
exposures and controlled costs through a unified loss prevention
and claims management program.
- A
Board of Trustees elected by Fund participants oversees the operation
of the Fund and governs it in accordance with State of Illinois
rules and guidelines.
- In
contrast to large insurance companies, 80% of each IPRF premium
dollar is added to the loss fund while 20% is allocated to the
purchase of excess insurance and administration costs.
IPRF...Rated
AAA Unsurpassed for Financial Stability
"The
Industry's Highest Rating"
Following
a review of audited financial statements, actuarial reports and
related financial information and discussions with representatives
of the Illinois Public Risk Fund, Demotech, Inc. has assigned a
Financial Stability Rating of AAA Unsurpassed.
Members
Benefit From...
- Aggregate
coverage currently exceeds $30 million and standard employers
liability coverage is $2.5 million.
- Current
Managed Care agreements provide access to over 10,000 physicians
and facilities throughout Illinois.
- Members
enjoy a dedicated claims unit with toll free fax and internet
access.
- FREE
loss control seminars are held throughout Illinois each year.
- IPRF
works with local independent agents to provide timely, on-site
service.
To Qualify for IPRF...
In order
to qualify for participation in the Illinois Public Risk Fund, the
applicant must:
- Be
a public entity or governmental agency located within the State
of Illinois.
- Demonstrate
a commitment to meet loss control and claims management standards
established by the fund.
- Have
favorable loss experience and be approved by the Board of Trustees
of the fund.
Click
here for Governmental Agencies Eligible for IPRF
HOME
|
