The American Recovery Association recently highlighted the enhanced performances that members who participate in the exclusive ARA insurance program enjoy.

ARA indicated these members have an average loss ratio 20 percent below the industry average. The association explained this program-wide loss ratio allows a dividend back on insurance premiums for all program participants.

The exclusive ARA insurance program, partnered with Harding Brooks Insurance, is where participants can receive a dividend back on their premiums based on group performance. This is the second year in the program’s existence that ARA participants have come out above the industry standard, and officials believe there are no signs of it slowing down.

“Harding Brooks Insurance has always had a wonderful relationship with ARA due to their compliant and well-educated membership,” said Mike Peplinski, account executive at Harding Brooks Insurance. “We know that when we are working with an ARA member, we are dealing with some of the best in the industry.”

ARA members have a plethora of benefits at their fingertips to help them maintain compliance. One of those benefits is the Continuing Education Webinar Series, ongoing monthly webinars that tackle different industry-relevant subjects ranging from new laws being enforced to up-and-coming software on the market.

Webinars are free to all ARA members and offer printed certificates for each webinar completion. In addition to the Continuing Education Webinar Series, ARA members have access to the ARA Compliance Program.

“ARA is the largest association of certified, trained and compliant recovery and remarketing professionals,” ARA president Jerry Wilson said. “The low loss ratio from our insurance program proves that our member benefits are helping our members be the best in the industry.”

For more information about ARA, its partnerships and its member benefits, visit repo.org.