Identifying objectives and creating surveys for large groups are the first steps in evaluating a pooling/group option. Depending on the objectives, we have identified the following process that a client may undertake:

• Identify and analyze loss exposures and organizational objectives
• Conduct feasibility study
• Identify regulatory constraints and compliance requirements
• Identify, review or revise service requirements and potential service providers
• Identify, review or revise financing and structure alternatives
• Pro forma and renewal budget preparation
• Facilitate actuarially sound funding plan(s) and alternatives
• Develop, review or revise scope of coverage
• Develop, review or revise rating plan(s) and alternatives
• Develop, review or revise surplus distribution plans (dividends)
• Monitor operation to ensure desired results
• Compare financial solvency ratios with other similar pools
• Suggest target surplus range