Key Benefits

Major benefits of membership in CRMBC include:

Stability

• Fast-growing financial security due to low claims costs, tightly controlled expenses and steady membership growth
• Underwriting to attract the top-performing companies in the industry and unmatched claims and safety support that keeps them in the program
• Future cost for members is based on experience of the group, enabling CRMBC to benefit from its strong safety and claims support and return that cost benefit to its members

Dividends

• CRMBC returns every available dollar to members through annual “dividends,” or assessment rebates. Although these potential dividends – which can range from 20-60% of a member’s annual assessment – cannot be promised by law, they are a major objective of CRMBC.
• Dividends are primarily based on individual member performance, so those who effectively control claims and costs benefit the most

Claims

• Expert claims oversight and outstanding claims closure
• Hands-on professionals who work for each member, not for an insurance company
• Claims loss ratios under 20%
• Appropriate reserves to ensure the quick closure of claims
• An on-line claims reporting system that speeds up claims monitoring and provides immediate access to claims data and status
• Comprehensive protection against catastrophic claims through the best excess insurance coverage in market
• Special support on the effective use of first aid
• Medical service provider networks developed by a team that has pioneered innovations in business-provider partnerships
• Exceptional support and specialized services for loss prevention and management
• Safety training designed for real operational needs of restaurants and food service firms