The Resort Hotel Association was organized in 1987 by a group of resort owners and managers to develop and administer insurance products and services customized to the needs of the resort industry. The major focus to date has been insurance. Members formed a risk-purchasing group and more recently a Vermont-domiciled captive insurance company.
RHA works with brokers and insurance companies to develop and administer property and casualty programs for its members. It also provides an array of member services, including claims management, loss control and promotions. RHA is professionally managed by a full-time president and staff. An active board of directors comprises representatives of its member resorts. The board meets three times a year, and encourages non-board members to attend and actively participate.
Resort Hotel Purchasing Group (RHPG) is a Vermont-domiciled risk-purchasing group established under the Risk Retention Act of 1986. It permits members to obtain liability insurance on a group basis, allowing for greater purchasing power, which in turn translates into improved coverage, limits and pricing. Members of RHPG must have similar business interests, services or related risk exposures.
Resort Hotel Insurance Company (RHIC), a Vermont captive insurance company, is owned by a group of RHA members. RHIC was organized to provide, as-needed, long-term, stable liability coverage to its owners/insureds.