Public Entity Joint Insurance Fund

What Public Entity Joint Insurance Fund does

Public Entity Joint Insurance Fund (PEJIF) is a statutorily established joint insurance fund organized under New Jersey law to provide property, casualty, and risk management services to high-density municipalities in the state with populations under 100,000. The fund delivers professional-grade risk and claims management through a culture of safety, offering workers' compensation, general liability, property coverage, and ancillary lines including cyber liability, storage tank liability, pollution liability, and non-owned aircraft liability. PEJIF is administered by NIP Group and complements its core insurance product with specialized offerings such as Disaster Management Services ($10M per occurrence / $20M annual aggregate, no deductibles) and the ATLAS video management software for law enforcement body-worn camera review (piloted with 360AOR LLC). The PEJIF Vault platform hosts safety training courses accessible to member municipalities.

The fund's revenue model is built on recurring member premiums and contributions from participating municipalities, supplemented by oversight of third-party claims administration services. PEJIF distributes services directly through a member underwriting portal (members.pejif.com), a CSR24-based certificate portal, email/fax-based new business applications, and regular public meetings. Marketing occurs via the fund's website/blog (workers' compensation thought leadership), Twitter, and referrals through industry associations including PRIMA, the NJ League of Municipalities, and AGRIP. Key legal and operational partners include NIP Management Services (claims oversight), Capehart Scatchard, P.A. (workers' comp defense counsel), and PMA Group (third-party administration for sister fund GSMJIF).

Combined with sister fund GSMJIF (also administered by NIP Group), PEJIF reaches over 1,000,000 New Jersey residents across member municipalities, and the fund recovered very large sums annually through workers' compensation subrogation. The organization is governed by its own Board of Commissioners, operates from Iselin, NJ (485 Rte 1 S, Building E), and maintains 11–50 employees focused on oversight, risk control, and member services rather than direct claims handling.

Name

Public Entity Joint Insurance Fund

Legal name

Public Entity Joint Insurance Fund

Website

https://pejif.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

PEJIF is a New Jersey joint insurance fund providing property, casualty, workers' compensation, and risk management services — including disaster response and law enforcement video management — to high-density municipalities with populations under 100,000.

Ownership category

akta.pro rank

Headquarters

HQ city

Woodbridge

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Others, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Member Premiums/Contributions: PEJIF operates as a joint insurance fund where member municipalities pay premiums/contributions to pool resources for shared risk coverage including workers' compensation, general liability, and other municipal risks.
2. Third Party Administration Services: PEJIF provides claims management and oversight services to members, contracting with TPAs for day-to-day claims administration while maintaining management and oversight functions.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Public Entity Joint Insurance Fund (PEJIF) is a statutorily established New Jersey joint insurance fund that pools risk and provides property and casualty insurance coverage along with risk management, claims administration oversight, and safety training to high-density New Jersey municipalities with populations under 100,000. Core coverages include workers' compensation, general liability, property, law enforcement liability, employment practices liability, cyber liability, storage tank liability, pollution liability, non-owned aircraft liability, and disaster management services with limits of $10M per occurrence / $20M aggregate. Members retain their own third-party administrator for day-to-day claims administration while PEJIF provides oversight, risk control, and loss control services.

Product overview

Public Entity Joint Insurance Fund (PEJIF) is a joint insurance fund providing risk and claims management services for New Jersey's high-density municipalities with populations under 100,000. The organization offers professional-grade risk management, claims administration through contracted third-party administrators, safety training programs, and specialized insurance coverages including cyber liability, storage tank liability, pollution liability, and non-owned aircraft liability. Core services include risk control with safety training courses accessible through the PEJIF Vault platform, claims management oversight, and disaster management services with coverage limits of $10M per occurrence/$20M aggregate.

Differentiator

Problem solved

Functional benefit

Products and services

• Workers' Compensation Coverage

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• NIP GroupcoreImplementation/ SI/ Consulting Partner · 15 December 2021NIP Group serves as the administrator of PEJIF and GSMJIF, providing overall management, claims oversight, and risk control services. NIP Group launched the video management pilot program for member police departments and developed the body camera initiative.
• 360AOR LLCcoreTechnology or Integration · 15 December 2021Partnered with 360AOR LLC to pilot the ATLAS software, a web-based platform that allows law enforcement supervisors to review body-worn camera footage and measure officer performance against agency best practices. Jonathan Parham, CEO of 360AOR LLC, is a retired police chief.
• NIP Management ServicescoreImplementation/ SI/ Consulting PartnerContracted by PEJIF to provide management and oversight of member-selected TPAs, ensuring adherence to claims reserving and litigation management best practices, as well as day-to-day Claims Administration for Public Officials, Employment Practices and Law Enforcement Liability claims.
• Capehart Scatchard, P.A.coreImplementation/ SI/ Consulting PartnerLaw firm providing workers' compensation defense counsel and legal expertise to PEJIF members. Author John H. Geaney, Esq. contributes educational blog content on workers' compensation developments.
• Garden State Municipal Joint Insurance Fund (GSMJIF)coreStrategic or Co-development PartnerRelated JIF also administered by NIP Group. Combined, GSMJIF and PEJIF have appropriate reach and aptitude to launch effective pilot programs. GSMJIF is the largest stand-alone joint insurance fund in New Jersey covering over 1,000,000 residents.
• PMA GroupcoreImplementation/ SI/ Consulting PartnerGSMJIF's third party claims administrator referenced in the Links section. Provides claims administration services for member JIFs.
• Public Risk Management Association (PRIMA)minorOthersNational association for public risk management professionals. PEJIF maintains links and references to PRIMA resources for members.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Garden State Municipal Joint Insurance Fund (GSMJIF): Companion New Jersey municipal JIF administered by the same NIP Group; combined coverage exceeds 1,000,000 residents. Operates the same pooled municipal insurance model in NJ, making it the closest structural and operational peer to PEJIF.
• New Jersey Municipal Excess Liability Joint Insurance Fund (NJ MEL JIF): Statutorily established NJ JIF providing excess liability coverage on top of primary municipal JIFs like PEJIF. Highly comparable as a NJ-specific public entity risk pool targeting the same municipal members.
• New Jersey School Boards Association Insurance Group (NJSBAIG): New Jersey JIF serving public school districts with pooled property/casualty coverage. Uses the same NJ statutory joint insurance fund structure and member-funded pooling model as PEJIF, with similar risk management service overlays.
• Michigan Municipal Risk Management Authority (MMRMA): Self-funded municipal risk pool serving Michigan local governments with liability, property, and auto coverage. Comparable municipal-pool structure and member-funded risk-sharing approach, though operating in a different state regulatory framework.
• Texas Municipal League Intergovernmental Risk Pool (TMLIRP): Texas municipal risk pool providing property, liability, and workers' compensation coverage to member cities. Highly comparable pooled municipal insurance model with shared risk and member-owned governance, similar to PEJIF's NJ statutory structure.
• Florida Municipal Insurance Trust (FMIT): Florida League of Cities-affiliated insurance trust providing property/casualty coverage to municipal members. Operates the same member-funded pooled model for public entity risk transfer as PEJIF, with comparable loss control and claims services.
• Pennsylvania Municipal League (PML) Insurance Programs: Pennsylvania municipal insurance programs offering pooled property, liability, and workers' compensation to member boroughs and townships. Structurally aligned with PEJIF as a member-funded municipal insurance pool.

Broad incumbents

• Travelers (Public Sector division): Major national P&C insurer with a substantial public sector practice competing for the same municipal accounts PEJIF serves. Provides overlapping property, liability, and workers' compensation coverages, but as part of a broad portfolio rather than a specialized municipal pool.
• AIG (Public Entity / Lexington division): Large multinational insurer with a dedicated public entity practice providing liability and specialty coverages to municipalities and public agencies. Competes with PEJIF for municipal business but operates as a commercial carrier rather than a member-owned pool.

Others

• Public Risk Management Association (PRIMA): National association for public sector risk management professionals. Not a direct competitor but a key ecosystem partner PEJIF references for member education, networking, and industry resources.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Customer concentration

• Xx.com/PublicEntityJIF

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Public Entity Joint Insurance Fund