"For Sun Coast Resources, Inc. the TAEP Self Insurance Fund was the right Worker's Comp coverage at the right time. Montlake has taken a leadership role in developing a comprehensive program tailor made for each participating company. I feel we have much better control and communication now in connection with claims, along with a proactive plan to take effective corrective action to address areas of concern. There have been so many enhanced benefits, and at a significant reduction in cost. What more could you ask for in this very important area of insurance coverage?"

Steve Boyd
Managing Director, Business Development & Safety
Sun Coast Resources, Inc.

From Pete Sandel of Globe Well Services:

Group Self Insurance has provided my company with substantial savings in terms of actual cash and allows my company to be rated based primarily on it's own merit rather than being averaged in with other companies-in other words if I do well managing my safety performance then I see a direct return on that investment by getting lower premiums.

Montlake has an element of professional insurance management that is unmatched in any other insurance company I have ever dealt with-nothing is left to chance-they do an excellent job of covering all possible angles resulting in less risk for all involved.

My initial concern was being dropped from my customers vendor list due to being "self insured," this hasn't happened due to our being a "true insurance" fund.

I see the primary benefit of having a board of directors is one of controlling our destiny and thereby insuring our success-we can cull out weak prospects, those who present a risk due to their safety performance. Additionally having the ability to establish and manage our medical treatment provider network under the board's direction will enable us to further achieve cost savings while providing top quality care for our injured employees.

I see a controlled and sustained growth of our membership. I believe the small to midsize oil well service contractors will benefit greatly from this program in terms of actual cash savings and having an insurance company with the ability to provide top quality, personal, managed care to injured employees and getting them back to work in an expeditious manner.

Not only am I pleased with the cost reduction of our workers compensation insurance, I have been very impressed with professionalism and thoroughness of the Montlake Holdings personnel. All of our Board members (of which I am one) are also TAEP SIF members and we all agree that the quality (safety & financial) of the members who join the TAEP SIF is more important than just growing the size of our group.

Bob McDowell