The Board sets policy and monitors compliance. We continue to serve as the program manager, providing insurance services, including underwriting functions, claims and risk management, accounting services, supervision of outside service providers, and regulatory compliance. The over 290 member-subscribers have an ownership interest in the company, and exercise control through its Board of Governors, comprised of elected and appointed officials from across New York State. The Comp Alliance is a nonprofit, tax-exempt group plan for municipalities in New York State. The Alliance now has over 30 town, village and special act district as members.
Members receive up-front savings, stabilization of costs, and loss control services.
Each member is assigned a claims representative to his or her account. Quarterly loss runs are generated. The Comp Alliance is managed by WRM and sponsored by the Association of Towns of the State of New York. Since its inception, Wright has provided managerial, claims, loss control, accounting and regulatory compliance services for The Comp. The goal of the Public Schools Trust is to provide its members with significant savings without sacrificing financial integrity and to further the culture of safety awareness within each school district.