The Texas Council Risk Management Fund was created by Texas community MHMR centers to provide a comprehensive program of self-insurance for its membership.  Through this program, member centers pool their risks and combine resources to obtain greater stability and economies of scale for risk management.

The Fund is a self-insurance pool created under Texas law through interlocal agreements among community centers and the Fund.  In addition to self-insurance coverage, member centers receive risk management, legal, and loss prevention services tailored to meet their unique needs.

Purpose

The Fund exists solely to provide coverage protection and risk management services for its member community centers.  Its objectives are to provide long-term stability in coverage, attain lower costs, develop improved risk management practices, and allow its members more control over their management of risk. 

Origin

The primary force leading to the Fund' s creation was the general instability of the commercial insurance markets in the mid-1980' s.  During that period, community centers as well as other public entities entered a period of crisis when the cost and availability of liability insurance became a serious problem.  Centers responded by working with the Texas Council of Community MHMR Centers, Inc., to develop a collective solution.  The result was the formation of the Texas Council Risk Management Fund, which began operations in September 1988.

Leadership and Management

The Fund is governed by a nine-member Board of Trustees elected by the community MHMR centers that participate as members of the Fund.  Each trustee must also be a member of his or her own center's board of trustees.  An Advisory Committee provides additional insight and guidance to the Board.  The Advisory Committee consists of executive directors, chief financial officers, and other top level managers of community centers.  Each center that participates in the fund is represented on the Advisory Committee. The Board of Trustees retains the services of JI Specialty Services, Inc., a third-party administration firm, to handle the day-to-day operations of the Fund.

How to Join the Fund

Community MHMR centers that are members of the Texas Council of Community MHMR Centers, Inc., are eligible to participate in the Fund.  A community center that is interested in becoming a member should contact the Fund Administrator.  You can send an e-mail from this web site, or call 512-346-5314 and ask for Greg Womack, Program Executive.