Mutual Assured Construction Fund
The mutual assured construction fund is an assurance fund that is owned by stakeholders. The sole purpose of a mutual assurance fund is to provide assurance coverage for its investors and stakeholders, and its investors are given the right to select management. The Mutual Assured Construction Fund will invest in the Stakeholders Foundation aggregating social benefits, and by using machine learning and distributed ledger technologies the profits will be returned to investors as dividends or a reduction in premiums.
We are regulated by the Supervisory Authorities and are compliant with member state law, with the Mutual Assured Construction Fund.
- The Mutual Assured Construction Fund is owned by its Stakeholders.
- The Mutual Assured Construction Fund provides assurance coverage to its investors and stakeholders at or near cost.
- Any profits from premiums and investments are distributed to its investors via dividends or a reduction in premiums.
- The Mutual Assured Construction Fund are not listed on stock exchanges, but if they eventually decide to be, they are “demutualized.”
- Law determines whether an insurer can be a Mutual Assured Construction Fund.
Understanding the Mutual Assured Construction Fund
The goal of the Mutual Assured Construction Fund is to provide its investors with assurance coverage at or near cost. When a Mutual Assured Construction Fund has profits, those profits are distributed to investors via a dividend payment or a reduction in premiums.
Mutual Assured Construction Fund is not traded on stock exchanges, therefore our investment strategy avoids the pressure of having to reach short-term profit targets and can operate as best suited to its investors with the goal of long-term benefits. As a result, we invest in stable and secure assets. However, because we are not publicly traded, it can be more difficult for stakeholders to determine how financially solvent a Mutual Assured Construction Fund is, or how it calculates dividends it sends back to its investors.
Consocio forms the Mutual Assured Construction Fund as a form of self-insurance, by combining sectors with separate budgets and with the ecosystem of digital social enterprises. For example, a group of physicians may decide that they can get better insurance coverage and lower premiums by pooling funds to cover their similar risk types.
When a Mutual Assured Construction Fund switches from member-owned to being traded on the stock market, it is called “demutualization,” and the Mutual Assured Construction Fund becomes a stock insurance company. This shift may result in stakeholders gaining shares in the newly floated company. Most often this is done as a form of raising capital. Stock insurance companies can raise capital by distributing shares, Mutual Assured Construction Fund companies can only raise capital by borrowing money or increasing rates.
History of Mutual Assured Construction Fund
Mutual insurance as a concept began in England in the late 17th century to cover losses due to fire. It began in the United States in 1752 when Benjamin Franklin established the Philadelphia Contributionship for the Insurance of Houses From Loss by Fire. Mutual insurance companies now exist nearly everywhere around the world.
In the past 20 years, the insurance industry has gone through major changes, particularly after 1990s-era legislation removed some of the barriers between insurance companies and banks. As such, the rate of demutualization increased as many mutual companies wanted to diversify their operations beyond insurance, and to access more capital.
Some companies converted completely to stock ownership, while others formed mutual holding companies that are owned by the stakeholders of a converted mutual insurance firm.