- Feasibility Study
- Actuarial Study
- Filings with State Self Insurance Authority
- Trust Account & Investment Account
- By-Laws and Fund Set Up
- Set Up Board of Directors
- Create procedures for the Board & for Group Members
- Licensing
For Group Approval - Broker of Record
- Excess Insurance
- Directors Liability Insurance
- Stop Loss Insurance
- Loss Prevention and Safety Services
- Third Party Administration & Claims Management Services
- Banking, Trust, & Investment Fund Accounts
- Accounting & Bookkeeping Services
Ongoing Services - Set up all meetings
- Manage Board meetings
- Transact all affairs of the Fund & Board
- Manage account procedures (i.e. bill payment, collect contributions, etc.)
- Monitor all service providers
- Correspondence with Fund members
- Secure bids for services as required (i.e., actuarial study, accounting, broker of record, etc.)
- Prepare condensed report on all service providers
- Interim filings as required by the State of California
- Prepare and file annual documents (i.e. taxes, self funding reports, financial statements, etc.)
- New member marketing and related applications and filings
|
|
