November 21, 2018 By Gerrick Phillips
The mission of ATTIC, RRG’s claims department is to provide industry leading claims services, always seeking the best possible result in every claim, period. We operate as an extension of our members’ risk management teams ever mindful that we must constantly be vigilant stewards of their resources. We work from the point of view that the best results are achieved collaboratively and that in the claims business surprises are best avoided.
ATTIC, RRG completed an actuarial analysis and financial feasibility study in order to determine manual rates for the charter group members and individual rate indications based on each of the company’s five-year loss history. The rating plan was approved by the Board of Directors and has been submitted and accepted by the State of Montana and the reinsurance market. Each new member’s rates will be determined through actuarial analysis of the member’s five-year loss history. The loss history data is trended and developed by ATTIC, RRG’s actuarial firm. The rating development is designed to establish a premium sufficient to administrate and pay for the member’s expected ultimate losses with credits provided for losses expected within a deductible layer and for investment income earned on the premium.
Since its inception ATTIC, RRG has accumulated invested assets exceeding $28 million. The Company is regulated as any admitted insurance company in the size and type of investments it can maintain.
ATTIC, RRG maintains relationships with two investment managers specializing in insurance company investment strategies and compliance.
ATTIC, RRG’s member services team takes pride in their commitment to provide prompt, accurate, reliable and courteous service to our member motor carriers. The member services team facilitates a single point of contact for questions and concerns for our member motor carriers, facilitates a single point of contact for issuance of Certificates of Insurance and provides periodic training on claims reporting software programs.
A key focus of our Member Service Group and IT is the integration of key analytics generated by each of our members as well as the analytics of the group. This information will provide a predictive analysis of your motor carrier and will help the Safety/Risk team focus on future loss trends based on historic data.
The role of Safety Services at ATTIC, RRG is to provide a high level of consultation in the areas of driver orientation, over-the-road new driver training, and remedial action training.
The goal of Safety Services at ATTIC, RRG is to provide greater consultation services and improved accident analytics to help make positive changes in driver management to result in lower accident frequency and loss costs.