41 Municipalities from Atlantic, Cape May and Cumberland counties joined forces to save tax dollars by pooling resources to provide workers comp, liability, property and casualty insurance. Through a structured safety and risk management program, Member Municipalities save money by eliminating unsafe acts and conditions. Unlike the insurance companies that preceded it, the JIF focuses on Municipal issues of loss prevention, risk management and claims management.
We are an organization of municipalities united to achieve savings and stability through comprehensive insurance, safety and claims management programs dedicated to reducing public sector risks. More than half of New Jersey Municipalities have elected to say farewell to their old insurance companies and join forces with each other to secure insurance protection through one of 18 MEL affiliated Joint Insurance Funds (JIF).
JIFs are public entities chartered under Title 40:A 10-6 that allow local communities to pool their resources and achieve economies of scale and other advantages previously available only to large corporations or very large cities.
We are an organization of municipalities united to achieve savings and stability through comprehensive insurance, safety and claims management programs dedicated to reducing public sector risks. More than half of New Jersey Municipalities have elected to say farewell to their old insurance companies and join forces with each other to secure insurance protection through one of 18 MEL affiliated Joint Insurance Funds (JIF).
JIFs are public entities chartered under Title 40:A 10-6 that allow local communities to pool their resources and achieve economies of scale and other advantages previously available only to large corporations or very large cities.
Services
Joint Insurance Funds (JIFs) are simply a form of shared services for New Jersey Public Entities that enables them to pool their resources to insure for property, liability, and workers compensation coverage.
They also wisely budget for professional contracts that deliver an extraordinary level of service.
When the JIFs were formed, municipalities were facing uncertainty with respect to their insurance programs.
Scarred by the hard market of the 1980s, they had scaled back insurance coverage and purchased necessary protection at rates they could ill afford.
They also wisely budget for professional contracts that deliver an extraordinary level of service.
When the JIFs were formed, municipalities were facing uncertainty with respect to their insurance programs.
Scarred by the hard market of the 1980s, they had scaled back insurance coverage and purchased necessary protection at rates they could ill afford.
In 1987, a group of thirteen (13) municipalities conducted a feasibility study to determine if they could create a regional pool to more cost effectively provide fire, liability, auto and workers' compensation coverage.
After weighing both the short term benefit of immediate savings with the long term objectives of cost stabilization, seven (7) municipalities chartered the Atlantic County Municipal Joint Insurance Fund (ACM JIF).
Today the ACM JIF has grown considerably and stands as a successful example of what local government can do to provide solutions to complex problems.
After weighing both the short term benefit of immediate savings with the long term objectives of cost stabilization, seven (7) municipalities chartered the Atlantic County Municipal Joint Insurance Fund (ACM JIF).
Today the ACM JIF has grown considerably and stands as a successful example of what local government can do to provide solutions to complex problems.
1987, the ACM JIF was formed as a shared serve amongst seven (7) charter municipalities to provide the short-term benefit of immediate savings combined with the long-term objective of cost stabilization.
Today, the ACM JIF is one of the greatest examples of a joint municipal shared service providing savings, dividends, stability, safety awareness and professional insurance services for our 41 participating members.
To learn more, schedule a Concept Presentation and find out what makes us the first choice among New Jersey municipalities when it comes to choosing an insurance program!
Today, the ACM JIF is one of the greatest examples of a joint municipal shared service providing savings, dividends, stability, safety awareness and professional insurance services for our 41 participating members.
To learn more, schedule a Concept Presentation and find out what makes us the first choice among New Jersey municipalities when it comes to choosing an insurance program!
As a local government official or employee, you take risks everyday.
Any action, or failure to take action, by you or other public officials can leave your community exposed to potentially catastrophic losses.
The erosion of sovereign immunity has made public agencies the target of an increasing number of lawsuits, and the complexity of providing essential services within budget constraints has made governments increasingly vulnerable to losses.
Generally, larger governmental units tend to have greater and more diversified loss exposures.
Any action, or failure to take action, by you or other public officials can leave your community exposed to potentially catastrophic losses.
The erosion of sovereign immunity has made public agencies the target of an increasing number of lawsuits, and the complexity of providing essential services within budget constraints has made governments increasingly vulnerable to losses.
Generally, larger governmental units tend to have greater and more diversified loss exposures.
By calling the XL Data Breach Hotline number, you will receive immediate triage assistance from the Law Firm of Lewis Brisbois Bisgaard & Smith.
It is important call the breach hotline at the earliest time possible if a breach has been suspected.
Calling the hotline will begin a process of investigation that will determine if a claim should be filed.
Calling the hotline does not meet the requirement of notification of a claim under the policy conditions it does however reduce potential claims and the amount spent by getting out in front of any possible breach situation.
It is important call the breach hotline at the earliest time possible if a breach has been suspected.
Calling the hotline will begin a process of investigation that will determine if a claim should be filed.
Calling the hotline does not meet the requirement of notification of a claim under the policy conditions it does however reduce potential claims and the amount spent by getting out in front of any possible breach situation.
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