MISSION and OBJECTIVES
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Mission Statement
- The National Risk Retention Association is the voice of risk retention group and purchasing group liability insurance programs, organized pursuant to the Federal Liability Risk Retention Act. NRRA's central purpose is to promote Risk Retention Act-authorized group insurance programs as a practical, economical, efficient and financially sound option for distributing the liability risks of member insureds. NRRA fulfills its mission through education, communication, government relations, and judicial advocacy.
- NRRA'S Purposes and Goals:
- Establishment of high performance standards and the monitoring of industry practices to promote sound self-insurance management.
- Provide a forum for rigorous dialogue about industry issues, sharing of experiences and solutions, and cooperation among members
- Educate and consult members about all aspects of self-insurance.
- Encourage public acceptance through timely promotional and educational programs.
- Serve as the country's most informed resource of up-to-the-minute risk retention information, including interpretation and clarification of the law, legal issues, legislative and regulatory practices, and compliance procedures.
- Communicate NRRA membership's viewpoint to governmental leaders, including participation in legal action and lobbying.
- Translate the risk retention concept into practical, workable applications.
- Articulate, protect and help execute members' risk retention interests.