We are pleased to provide you an overview of the Foodservice Risk Management, Inc. captive insurance company program (FSRM). As a member, you will have access to a full suite of casualty insurance coverages (workers’ compensation, general liability, products liability, auto liability and auto physical damage) through our partner Liberty Mutual as well as custom designed loss control and claims management service administered by FSRM’s other valued partners.

Traditionally, the property and casualty insurance market has been very cyclical with prices rising and falling subject to insurance company performance and market trends. Our group captive provides the opportunity for participation in a structured alternative shielding members from these price swings and allowing you to recapture any loss dollars not spent plus any investment income normally retained by the insurance company.

On the following pages you will find an overview of the FSRM program, current members, and a synopsis of the coverages, limits and deductibles offered through Liberty Mutual for all FSRM Members. Also included is a summary of the current loss control and claims administration programs followed by a sample pricing model breaking out total premium by line of business.

As you compare other programs offered, I would ask that you look beyond the lowest annual premium to find a partnership that will give you more control and the lowest cost over the next five years. Feel free to contact any of our current FSRM, Inc. members to see what their experience has been since joining the FSRM, Inc. captive program.

If you have questions regarding the program or related loss control and claim services, please contact:

Alan Murray at (404) 995-2538 or email Alan.Murray@marsh.com, Susannah Cathey at (404) 995-3590 or email Susannah.Cathey@marsh.com or Lori Bray at (404) 995-3272 or email lori.bray@marsh.com.

Very truly yours,

Executive Director
Blair Labatt