Utah Local Government Trust

What Utah Local Government Trust does

Utah Local Governments Trust (ULGT) is a not-for-profit, member-owned insurance pool founded in 1974 and headquartered in North Salt Lake, Utah. It provides property, casualty, and liability coverage, claims administration, and ancillary risk-management services exclusively to Utah public entities — including cities, counties, municipalities, special districts, and law enforcement agencies. Member agencies are simultaneously owners and policyholders, with surplus returned through programs such as the Trust Integrity Promise, a five-year structure that can refund up to 100% of premiums to qualifying members.

The trust's product surface extends well beyond pure risk transfer. Core offerings include coverage and claims handling, a 24/7 Trust Legal Hotline, a GRAMA (Government Records Access and Management Act) records-request service, a Trust Inspections and Records Program, and a Legal Brief Series. Layered on top are training and wellness programs — the Trust LMS, Mind-Body Bridging, and partnerships with FranklinCovey (leadership training) and Active Bystandership for Law Enforcement (ABLE) — positioning ULGT as a risk-mitigation and workforce-resilience platform for small public agencies that lack in-house capacity. The recurring premium-based revenue model is supplemented by these value-added services, all delivered under a cooperative structure that aligns member and operator incentives.

Name

Utah Local Government Trust

Legal name

Utah Local Governments Trust

Website

https://utahtrust.gov

Company type

Private

Founded year

1974

Operating status

Operating

Headcount range

11–50 employees

Short description

Utah Local Governments Trust is a not-for-profit, member-owned insurance pool founded in 1974 that provides property, casualty, and liability coverage plus claims, legal, training, and wellness services to Utah cities, counties, special districts, and law enforcement agencies.

Ownership category

akta.pro rank

Product category

Government Insurance Pool / Public Sector Risk Management

NAICS

Insurance and Employee Benefit Funds (5251), Other Insurance Funds (525190)

SIC

Insurance Agents, Brokers & Service (6411), Services-Membership Organizations (8600)

akta.pro primary industry

Nonprofit / Social Services BOP (FSAJAFAM)

Keywords

• Government insurance pool
• Risk management services
• Public entity insurance
• Workers compensation coverage
• Liability insurance programs

Headquarters

HQ city

North Salt Lake

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Premiums: Member-owned not-for-profit insurer providing insurance coverage to Utah public agencies. Revenue is generated through insurance premiums paid by member local government entities.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Utah Local Governments Trust provides insurance coverage (liability, workers' compensation, property) and risk management services to Utah's public agencies. Its integrated offering pairs coverage with claims handling, safety and leadership training programs, a 24/7 legal hotline, and the Trust Integrity Promise premium-refund incentive. It operates as a not-for-profit, member-owned insurance pool serving cities, counties, municipalities, and special districts across Utah.

Product overview

Utah Local Government Trust operates as a not-for-profit, member-owned insurer providing a comprehensive suite of risk management services for Utah's public agencies since 1974. The core offerings include insurance Coverage and Claims management, complemented by professional services such as Training programs (including Leadership, Loss Prevention, FranklinCovey Training, and Mind-Body Bridging wellness), a 24/7 Trust Legal Hotline for pre-loss guidance, and a Trust Integrity Promise program that rewards members with premium refunds upon completing five years of participation. Additional resources include Legal Brief Series, Book Club materials, GRAMA Records Request services, and an LMS platform for training delivery. These products function as an integrated membership benefits package rather than a modular software platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Coverage Insurance coverage programs for Utah's public agencies, providing risk management and protection against various liabilities including liability and workers' compensation.
• Claims Claims management services to help member agencies handle and resolve insurance claims efficiently.
• Training

Quantifiable outcome

• 100% refund of 5th year liability premium after completing Trust Integrity Promise program

Named customers4 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• FranklinCoveycoreStrategic or Co-development PartnerFranklinCovey training is a core component of the Trust Integrity Promise program, providing leadership and professional development training to member agencies as part of the 5-year participation requirements for the premium refund benefit.
• ABLE (Active Bystandership for Law Enforcement)coreStrategic or Co-development PartnerThe Trust brought the ABLE project to Utah, equipping law enforcement agencies with tools to mitigate errors, prevent misconduct, and prioritize officer health and well-being. This national training initiative is delivered through Trust membership to Utah law enforcement agencies.

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Selective Insurance Group: Super-regional commercial P&C insurer with a significant public-entity practice serving municipalities, counties, and special districts - comparable as a broader incumbent competing for the same Utah public-sector accounts the Trust serves.
• The Hartford: Large established P&C insurer with a dedicated public-entity practice serving municipalities, schools, and government agencies - comparable as a broader incumbent competing for Utah public-sector insurance business alongside the Trust.
• Travelers: National P&C carrier with a substantial public-sector practice offering property, liability, and surety coverage to municipalities and government entities - comparable as a broader incumbent competing for Utah government insurance accounts.
• Liberty Mutual Insurance: Global P&C insurer with a public-sector and specialty insurance practice providing coverage to government entities - comparable as a broader incumbent competing for the same Utah public-sector insurance accounts as the Trust.

Direct peers

• Texas Political Subdivisions Joint Insurance Fund (TPS): Texas public-entity joint insurance fund providing property, liability, and workers' comp coverage to political subdivisions - directly comparable to the Utah Local Governments Trust's government risk pool model serving cities, counties, and special districts.
• Washington Cities Insurance Authority (WCIA): Member-owned Washington public-entity liability and property insurance authority serving cities and towns - directly comparable to the Utah Local Governments Trust as a state-level municipal risk pool with member-owned governance.
• Michigan Municipal Risk Management Authority (MMRMA): Member-owned Michigan municipal liability and property pool providing risk management services to cities and villages - directly comparable to the Utah Local Governments Trust's self-insurance pool structure, member ownership, and added training/risk services.
• CSAC-EIA (California State Association of Counties Excess Insurance Authority): California county-affiliated excess insurance and risk management authority pooling coverage and services for public agencies - directly comparable as a member-owned government risk pool providing liability, property, and risk-management services like the Utah Trust.
• PRISM (Public Risk Innovation, Solutions, and Management): California public-entity risk pool serving cities, special districts, and joint powers authorities with property, liability, and workers' comp coverage plus risk management services - closely comparable to the Utah Local Governments Trust's government-pool model, training focus, and member services.

Others

• AGRiP (Association of Governmental Risk Pools): Trade association representing governmental risk pools and self-insurance pools across North America - adjacent ecosystem participant; comparable as it represents the exact peer set the Utah Local Governments Trust belongs to and shapes industry practices.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/UtahTrust

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Utah Local Government Trust