The Tribal First Concept - Self-Insurance.
Self-insurance for property & casualty exposures, utilized in
Indian Country since the 1970’s, enhances the tribes reaction
to loss in several important ways. Self-insurance serves to support
the creation of Tribal Tort Ordinances to define areas of
responsibility, allow for the appropriate use of the Federal Tort
Claims Act, and substantiate Tribal sovereignty in civil
matters.
Additional benefits to a self-insured program include:
Improved breadth of coverage
Significantly lower insurance
premiums and tribally earned investment revenue
Tribal control over claims
administration and support for a Tribal Court System
Increased Tribal Employment
New methods of alternative risk transfer allow for full financial
protection for the Tribe, eliminating the traditional risk to
self-funding.
Tribal First can design a custom
solution.
