RPNA provides self-insured employers and self-insured groups (SIG’s) with strategic, tactical and legal expertise.
Self-insurance is an alternative risk financing method that can offer an attractive means to cover losses for large, well capitalized companies in California. Self-insurance can make sense to corporate clients when alternative insurance methods are too expensive or when the insurance pricing market is too variable to predict. Self-insurance alone, however, as a means of total protection for a business is rare, and often, organizations utilize a combination of both commercially purchased insurance and self-insurance in order to fully meet their coverage needs. RPNA’s unique knowledge and expertise concerning the key regulations and statutes such as, Senate Bill 683, is critical in this constantly evolving, developing and growing area of self-insurance.
RPNA represents self-insured businesses in all aspects of advice, oversight and strategic planning, as well as in building and maintaining relationships with the governmental oversight agencies involved in the self-insurance product. These organizations include the Department of Industrial Relations (DIR), the Office of Self Insurance Plans (OSIP), The California Self Insurers’ Security Fund (SISF), and other related governmental entities.