Becoming a member of a Risk Rentention Group requires careful consideration. As an insurance company, ETRRG must also complete a thorough review of potential members. When a company considers entry into ETRRG, an in depth evaluation on several important criteria must occur. A potential member should understand that ETRRG will complete:

1. Company operations review
2. A financial review/analysis
3. A comprehensive loss control review
4. An underwriting review
5. A member review/approval

Potential members need to demonstrate that they meet specific underwriting guidelines. They must also accept company by-laws and agreements while adhering to loss control and hiring guidelines. Those companies who can successfully meet these items, and complete the evaluation process, will become a member of a true captive insurance carrier. A carrier who provides 100% of it's underwriting profit in the form of a dividend to its policyholders is one you want to consider.
Can you qualify entry into ETRRG?
Elite Transportation
Risk Retention Group​
Would you like more information? Please contact ETRRG now.
NAIC recommended disclaimer: This electronic information is published by ETRRG, a risk retention group, for educational purposes only and is not intended to be a solicitation or sale of insurance to any person not eligible for membership or in states where the risk retention group has not filed its registration as required by the federal Liability Risk Retention Act of 1986 and provide insurance for the common liability risk exposure of eligible group members.

Policies issues by a risk retention group may not be subject to all of the insurance laws​​ and regulations of your state. State insurance insolvency guaranty funds are not available for risk retention groups. This electronic information is intended solely to provide general information and is not intended to constitute legal advice. If legal advice is desired or needed, an attorney should be consulted.