The Tire Industry Association is undertaking a three-point program-including a partnership with a risk-counseling firm, as well as legislative and educational efforts-to bring relief to TIA members battling skyrocketing insurance costs.
``TIA is taking three important steps to lower the insurance rates of its members,'' said TIA President Steve Disney in an Oct. 7 press release announcing the program. ``This will be a key goal of the association in coming years.''
Risk Assessment Management Services, a Battle Creek, Mich. consulting firm, will begin immediately to work with TIA and its members to help them make informed decisions about business insurance policies, according to TIA Executive Vice President Ross Kogel. ``Members can call the association today, and we can hook them up with Risk Assessment Management Services,'' he said.
One of the biggest benefits of the partnership is that Risk Assessment Management Services won't try to sell anything to tire dealers, according to Mr. Kogel.
``There's a tremendous amount of information sources about insurance, but only a few aren't actually trying to sell insurance,'' he said. ``Risk Assessment Management Services is an honest broker, advising our members on what they really need in an insurance policy and how to keep their costs down.''
Another part of TIA's plan expands on the association's previously stated support for Association Health Plans. The AHP program, backed by the Bush administration, would allow trade and industry associations to pool their members to bargain with health care organizations and insurers for benefits.
TIA will lobby actively for passage of AHP legislation, which will lower administrative costs for small-business insurance programs and give tire dealers and other small businesses greater bargaining power with insurance companies.
Finally, TIA will kick off its insurance educational effort by offering insurance resources and seminars at the International Tire Expo/Specialty Equipment Market Association show in Las Vegas Nov. 5-8.
The key seminar, ``The Tire Industry's Insurance Market: What You Need to Know for Your Business,'' is scheduled for Thursday, Nov. 7 at 2 p.m. A panel of insurance industry experts at the seminar will discuss tire industry insurance policies.
Also, representatives from Risk Assessment Management Services will be available at the TIA booth at the Tire Expo to answer the insurance-related questions of all TIA members.