Membership Agreement Summary and Signature PageMembership Agreement • March 1st, 2022 • Arizona
Contract Type FiledMarch 1st, 2022 JurisdictionPURE Specialty Exchange (“PSE”) is a reciprocal insurance exchange, which is one of three common types of insurance companies, the others being a stock insurance company and a mutual insurance company. A reciprocal is an unincorporated insurance company whose policyholders, known as subscribers and referred to herein as “members”, exchange contracts of insurance with each other, facilitated on their behalf by a company known as an attorney-in-fact. All members sign this Membership Agreement (the “Agreement”) to give PURE Specialty Risk Management LLC (“PSRM”) the ability to operate as the attorney-in-fact for PSE. Members may be referred to as “you,” “your,” “member(s)” or “membership.”