The Trust staff is comprised of a number of professional disciplines - claims adjustment, legal, medical, risk control and industrial hygiene, finance, systems technology - and these professionals are all dedicated to serving the membership.  This ready access to high level services is a significant reason why the Trust maintains an exceptional membership retention rate, year-in and year-out.

 DVIT's claims administration services are performed by its own staff.  We offer electronic claim filing services and detailed monthly loss reports.  We can also provide customized claim reports.  The claim services are tailored to the needs of the DVIT members and are generally considered to be superior to similar services offered by third party administrators or commercial insurers. 

 The Trust offers risk control surveys and specific training programs suited specifically to municipal exposures.  We have two full-time highly skilled risk control consultants on staff.  The Trust's risk control services include individualized attention in specific problem areas as required. 

Advantages of Membership

COVERAGE

• Stable insurance costs for members over 20 years of existence, with many members experiencing reductions in costs since inception in 1989.
• Broader insurance coverages than commonly available in the commercial marketplace (a comparison with current program is available upon request.)
• Liability limits up to $10 million and Property limits up to $1 billion.
• Comprehensive package program includes general liability, automobile liability, auto physical damage, property, boiler & machinery, crime, law enforcement liability, public officials (errors & omissions) liability.

CONTROL

• Trust is owned, managed and controlled by local governments in southeastern Pennsylvania.
• Each member appoints a trustee to Board of Trustees.
• Monthly Executive Committee oversight of professional staff.
• Professional underwriting of prospective new members.
• Homogeneous group of members all of whom are professionally managed and located within the same geographical area.
• Loss control services designed by an industrial hygienist, tailored to meet the specific needs of each member.
• Access to extensive training program at no additional charge.
• In-house claims administration staff.
• Experience rating of all members.
• Control over defense of claims and defense counsel by Trustees.

FINANCIAL

• Non-profit, tax-exempt status. Low expense ratio.
• Excess surplus returned to members in the form of dividends. Nearly $15,000,000 in dividends has been returned to the membership since 1994.
• Strong surplus position reflects conservative funding and management.
• Reinsurance through public entity owned captives or "A" rated insurers.
• Investment income accrues to the benefit of membership.
• Reserves and IBNR liability booked on an undiscounted basis on financial statements: the most conservative methodology.
• Expected loss funding calculated annually by casualty actuary.

Property appraisal prepared by American Appraisal Associates at no additional charge