Strategic Risk Alternatives 2020 Q3 Recap
Our duty as plan administrator is to ensure compliance with applicable guidelines. We do this by staying abreast of industry changes and keeping our representatives and reinsurance owners informed of best practices. Our hope is that through our communications and living examples of risk events, such as the pandemic business interruptions, this program will be appreciated as a true risk management tool.
The continued clarifications by the courts and the current COVID-19 pandemic have made SRA as confident as ever in the value of the 831(b) Plan and its place as a necessary business practice for today and into the future.