Recreation is rooted in a core set of key Shared Commitments, commitments between Recreation and its members, and commitments by each member to all other members. These shared commitments instill confidence that all members, no matter their recreational activity, share a common framework, and that Recreation will not chase short term profit by exposing all members to unacceptable risks.
THE SHARED COMMITMENTS
RECREATION’S LONG-TERM COMMITMENT TO ALL POLICYHOLDERS
- To work to provide a long-term market with stable pricing
- To provide coverages that support policyholders’ operations and risks
- To insist each policyholder implements required risk management, making every policyholder an even better insurance risk
- To reward those who do the work to be better risks by providing a long-term insurance program not available to those unwilling to do so
THE POLICYHOLDER’S LONG-TERM COMMITMENT
- To do ongoing risk management, actively improving their risk profile
- To embrace a long term relationship as a shareholder, a policyholder, and a trusted risk manager through hard and soft insurance markets
- To demonstrate a commitment to risk management success
POLICYHOLDERS’ LONG-TERM COMMITMENT TO EACH OTHER
- To do the hard work of risk management to lower the risk faced by our group
- Maintain a long term perspective, knowing that Recreation supports your activities for the long term and will not capitalize on your activities for short term profits
- To demonstrate a commitment to shared success