Reggie says: Established under the Federal Liability Risk Retention Act of 1986, Risk Purchasing Groups are a legal entity that allows a group of unassociated businesses with similar risk characteristics to join together to take advantage of a joint insurance purchase.
Innovation is a tradition at Distinguished Programs. It dates back to 1987 when we pioneered the country’s first real estate umbrella purchasing group. This provided a much-needed solution for real estate clients who were unable to purchase the limits needed at affordable prices. Read more about how our founder, Andy Potash, pioneered the first Real Estate Umbrella Risk Purchasing Group.