What is KCAMP? KCAMP is a group self-insured property/casualty plan formed under Kansas law, K.S.A. 12-2616 et seq., the Kansas Municipal Group-Funded Pool Act and subject to regulation under that act by the Kansas Insurance Department. KCAMP is not an insurance company.
What is a group self-insured property/casualty plan? This is a plan in which similar entities band together to self-insure their property/casualty exposures. Instead of paying premiums to an insurance company, contributions are made to KCAMP. KCAMP in turn pays losses and provides managed claims service and dedicated loss prevention services for its owner/members.
How is KCAMP funded? KCAMP is funded by annual member contributions. Rates charged to members are approved by the Board of Trustees and filed with the Kansas Insurance Department. Rates are established to ensure funding sufficient to pay the pool's administrative expenses and losses that are annually projected by an independent, credentialed actuary.
Is KCAMP profitable? KCAMP's goal is to show a profit in the form of member-owned net assets. These net assets are created by a conservative funding approach, effective loss prevention programs and a dedicated, well-managed claims operation. KCAMP has built a strong net asset position. Net assets have consistently grown over the years and currently exceed $15 million.
Can KCAMP Members be Assessed? Assessments are additional contributions charged to members for underfunded programs. While assessments are permissible, KCAMP has never assessed its members. Of the over 450 public entity pools operating in the United States, those who have assessed their members have done so because they provided coverage at prices far lower than anticipated claim experience could justify. This resulted in under funded programs. Because of KCAMP's conservative funding approach and strong net asset position, assessments have never been necessary and are very unlikely. And any assessment would need to be approved by the majority of KCAMP members.
How does KCAMP's coverage differ from coverage provided by commercial insurance companies? KCAMP's coverage is different in two important ways. First, whereas the terms of coverage under a commercial insurance policy are essentially dictated to the insured by the insurer, KCAMP's coverage document is reviewed and approved by KCAMP's Board of Trustees. It was designed specifically to cover risks of Kansas counties. Second, the KCAMP provides members with a single source of coverage for a broad range of risks in a single document. For example, the liability coverage document covers general liability, automobile liability, public officials liability, employment practices liability, law enforcement liability and cyber liability in one document. This single source of coverage avoids finger pointing by multiple carriers in the event a claim potentially triggers more than one line of coverage.
Do insurance companies provide claims and loss prevention services? Yes, but not county-dedicated claims and loss prevention specialists. KCAMP's in-house professionals work solely with Kansas counties and understand your exposures and claims better than anyone. They have years of experience working with Kansas counties and public entity risks. And unlike commercial insurance company employees, KCAMP personnel work at the direction of the members' representatives on the Board of Trustees.
Can KCAMP provide a more effective level of service? In addition to our in-house claims and risk management specialists, the consulting provided by our brokers and consultants has been extremely beneficial to our members. In addition to brokerage services for the pool they provide other underwriting services such as review of contracts, policy enhancements, reinsurance marketing, coverage analysis, rating of exposures etc.
I have a question not addressed in FAQs and need to contact your customer service. How do I do that? If you have any questions, please see our Contact Page for our email information and telephone numbers.