All Kentucky Self-Insured Funds Are Not Alike:

Kentucky Retail Federation Self Insurers Fund
Small but Strong

In addition:

• Excess Coverage -Provided by an A.M. Best A rated carrier with a $500,000 self-insured retention levels. (This coverage is purchased by the Fund, without any additional cost to the individual members.)
• Claims Management -Claims management is based in Louisville and handled by adjusters experienced in Kentucky claims.
• Claim Reserves -Aggressively managed, reviewed and continually adjusted as new information develops.
• Financial Auditing -The Fund undergoes rigorous financial auditing on a regular basis, including those conducted by an outside CPA firm, an actuary firm and with audits conducted by both our reinsurer and the Kentucky Office of Workers’ Claims.
• IBNR Reserves -IBNR reserves are developed for those claims that have not yet been reported and for claims with unforeseen development. These reserves meet all actuarial requirements for future loss development.
• Investments -High quality investments generate returns in equity and fixed income markets. A significant portion of the investment portfolio is invested in AAA rated securities. Money market funds are highly liquid and available when/if needed.
• Fund Balance -Solid growth with a balance suggesting substantial growth capacity in written premium.

Entrusting your workers’ compensation coverage to us is confidence well placed. The KRF-SIF is maintained and safeguarded by a team of professionals that are your neighbors, friends and fellow Kentucky retail business owners - not an outside entity driven by profits.

We encourage you to contact us for more information. Our Program Manager will be pleased to provide details and specifics on our policies, procedures, and current and/or past financial status.

To set up an on-site appointment at your business or agency, or to find out more, please contact: