CRM Services: Finance & Legal

In-house financial professionals provide timely reporting, annual budgets, and other services, while general counsel advises on legal matters, oversees compliance, and represents the programs before regulatory bodies as necessary.

Finance

• Timely financial statement reporting to Board of Trustees following generally accepted accounting principles applied on a consistent basis.
• Preparation of annual Group budget and actual vs. budget comparative reporting.
• Compliance with all Federal, State and regulatory financial reporting requirements.
• Timely completion of annual certification by independent outside auditors.
• Daily monitoring, analysis and investing of cash in excess of cash flow current cash flow needs.
• Continuous monitoring of all internal financial accounting controls.
• Analysis and approval of all Group outside administrative expenses.
• Oversight of Group membership open accounts receivable.

Legal

• General Counsel and staff are present on-site.
• Oversee regulatory compliance regarding marketing, administration, finance and other general aspects of the group self insurance.
• Offer review and understanding of policies and regulations governing group self insurance.
• Represent administrator and group self insurance programs, as necessary, with regard to each state’s workers’ compensation regulators.
• Provide and maintain documentation regarding overall administration of group self insurance programs.

For more information on our Finance Department, please contact: Finance@trustcrm.com

For more information on our Legal Department, please contact: Legal@trustcrm.com