What does WGEP mean in GOVERNMENTAL

The Washington Governmental Entity Pool (WGEP) is a risk-sharing pool for cities, counties, and special purpose districts in Washington State. It helps cities, counties and special purpose districts manage their financial exposure to unanticipated liability losses by providing claims handling services, risk management services, and reinsurance protection.

WGEP provides its members with access to a comprehensive suite of services designed to protect their budgets from unexpected costs due to liability. This includes providing legal counsel and representation in litigation, offering coverage for self-funded retention liabilities, providing risk analysis review of operations/programs, and offering a catastrophic loss pool for pooled reinsurance protection.

WGEP covers many different types of risks for its members. These include professional liability risks (errors & omissions), general liability risks (coverage for premises or products), automobile liability risks (vehicle accidents) as well as wrongful death or personal injury claims stemming from contracted programs or service providers.

The Washington State Risk Management Council oversees the day-to-day administration of the program. The Council is responsible for administering all aspects of the WGEP including setting premiums rates, analyzing data on claims cost trends, evaluating plan design changes recommended by member governments, coordinating with outside vendors for billing services, customer service support and more.

Yes. All members agree to pay an annual fee which is based on each organization's individual risk profile and type of coverage desired. These fees are used to fund the administration personnel that maintain the program as well as pay claims costs incurred by our members across all lines of business covered by the program.

Yes! Members can purchase additional coverage through the WCIRB Marketplace where they will be able to find multiple carriers offering various policies tailored to fit their specific needs at competitive market prices. Additionally insurance brokers have access to several other markets that may provide different coverage options depending upon your organizations unique exposures.

Yes! All participating entities must complete an application packet which includes information about their organization such as organizational structure, financial records/statements and summaries of past experiences with insurance policies/programs. In addition they will need to provide certificates of insurance from existing third party insurers if applicable.

Yes! All participants are required to participate in periodic training sessions conducted by representatives from RMC staff or outside vendors about topics such as how best manage potential liability issues that can arise due to activities undertaken within local government entities.